I 
119TH CONGRESS 
1ST SESSION H. R. 5835 
To amend the Rebuilding Economic Prosperity and Opportunity for Ukrain-
ians Act to improve the implementation of the seizure of Russian sov-
ereign assets for the benefit of Ukraine, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 24, 2025 
Mr. WILSON of South Carolina (for himself, Ms. KAPTUR, Mr. KEAN, Mr. 
COHEN, and Mr. DOGGETT) introduced the following bill; which was re-
ferred to the Committee on Foreign Affairs 
A BILL 
To amend the Rebuilding Economic Prosperity and Oppor-
tunity for Ukrainians Act to improve the implementation 
of the seizure of Russian sovereign assets for the benefit 
of Ukraine, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘REPO for Ukrainians 
Implementation Act of 2025’’ or the ‘‘REPO Implementa-
tion Act of 2025’’. 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
SEC. 2. RECOGNITION OF PORTO DECLARATION OF ORGA-
NIZATION 
FOR 
SECURITY 
AND 
CO-OPER-
ATION IN EUROPE. 
Section 101(a) of the Rebuilding Economic Pros-
perity and Opportunity for Ukrainians Act (division F of 
Public Law 118–50; 22 U.S.C. 9521 note) is amended by 
adding at the end the following: 
‘‘(10) Every member of the European Union, 
including Belgium, and all but one member of the 
G7, are also participating states of the Organization 
for Security and Co-operation in Europe. 
‘‘(11) On July 3, 2025, the Parliamentary As-
sembly of the Organization for Security and Co-op-
eration in Europe adopted unanimously in plenary 
session the Porto Declaration, which ‘[c]alls on 
OSCE participating States to unlock the full value 
of an estimated US$300 billion in Russian sovereign 
assets frozen across the region by repurposing the 
underlying principal, in sizeable increments and on 
a regular and timely schedule, for Ukraine until the 
Russian Federation ends its aggression and agrees 
to compensate Ukraine for damages directly result-
ing from the war’.’’. 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
SEC. 3. TRANSFER OF ASSETS TO UKRAINE SUPPORT FUND. 
Section 104(b)(2) of the Rebuilding Economic Pros-
perity and Opportunity for Ukrainians Act (division F of 
Public Law 118–50; 22 U.S.C. 9521 note) is amended— 
(1) in the heading, by striking ‘‘VESTING’’ and 
inserting ‘‘STATUS OF ASSETS’’; 
(2) by striking ‘‘For funds confiscated’’ and in-
serting the following: 
‘‘(A) VESTING OF CONFISCATED FUNDS.— 
For funds confiscated’’; and 
(3) by adding at the end the following: 
‘‘(B) TRANSFER
OF
FUNDS
NOT
CON-
FISCATED.—For the purpose of placing Russian 
aggressor state sovereign assets into an inter-
est-bearing account, the President may transfer 
such funds into the Ukraine Support Fund 
without confiscating such funds.’’. 
SEC. 4. INVESTMENT OF AMOUNTS IN UKRAINE SUPPORT 
FUND. 
(a) IN GENERAL.—Section 104(d) of the Rebuilding 
Economic Prosperity and Opportunity for Ukrainians Act 
(division F of Public Law 118–50; 22 U.S.C. 9521 note) 
is amended— 
(1) in paragraph (1)— 
(A) by striking ‘‘of any funds’’ and insert-
ing the following: ‘‘of— 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
‘‘(A) any funds’’; 
(B) by striking the period at the end and 
inserting ‘‘; and’’; and 
(C) by adding at the end the following: 
‘‘(B) any amounts that may be credited to 
the account under paragraph (3).’’; and 
(2) by adding at the end the following: 
‘‘(3) INVESTMENT OF AMOUNTS.— 
‘‘(A) INVESTMENT
OF
AMOUNTS.—The 
Secretary of the Treasury shall invest such por-
tion of the account established under paragraph 
(1) as is not required to meet current with-
drawals in interest-bearing obligations of the 
United States or in obligations guaranteed as to 
both principal and interest by the United 
States. 
‘‘(B) INTEREST AND PROCEEDS.—The in-
terest on, and the proceeds from the sale or re-
demption of, any obligations held in the account 
established under paragraph (1) shall be cred-
ited to and form a part of the account.’’. 
(b) IMPLEMENTATION.—The President shall ensure 
that funds in the Ukraine Support Fund established under 
section 104(d) of the Rebuilding Economic Prosperity and 
Opportunity for Ukrainians Act are invested as required 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
by paragraph (3) of that section, as added by subsection 
(a), by not later than the date that is 45 days after the 
date of the enactment of this Act. 
SEC. 5. QUARTERLY OBLIGATION OF FUNDS IN UKRAINE 
SUPPORT FUND TO BENEFIT UKRAINE. 
(a) IN GENERAL.—Section 104(f) of the Rebuilding 
Economic Prosperity and Opportunity for Ukrainians Act 
(division F of Public Law 118–50; 22 U.S.C. 9521 note) 
is amended by adding at the end the following: 
‘‘(4) QUARTERLY OBLIGATIONS.— 
‘‘(A) IN
GENERAL.—Not less frequently 
than every 90 days while funds remain in the 
Ukraine Support Fund, the Secretary of State 
may obligate and expend, from the Fund, an 
amount that is not less than $250,000,000 (ex-
cept as provided by subparagraph (B)) for the 
purpose of providing assistance to Ukraine 
under this subsection. 
‘‘(B) FINAL
AMOUNTS
IN
FUND.—When 
less than $250,000,000 remains in the Fund, 
the Secretary of State may obligate and expend 
the remaining amount for the purpose of pro-
viding assistance to Ukraine under this sub-
section.’’. 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
(b) IMPLEMENTATION.—It is the sense of Congress 
that the President should ensure that the first obligation 
of amounts pursuant to paragraph (4) of section 104(f) 
of the Rebuilding Economic Prosperity and Opportunity 
for Ukrainians Act, as added by subsection (a), occurs not 
later than the date that is 60 days after the date on which 
Russian sovereign assets are deposited in the Ukraine 
Support Fund. 
SEC. 6. ENGAGEMENT WITH CERTAIN FOREIGN COUN-
TRIES. 
(a) IN GENERAL.—Title II of the Rebuilding Eco-
nomic Prosperity and Opportunity for Ukrainians Act (di-
vision F of Public Law 118–50; 22 U.S.C. 9521 note) is 
amended by adding at the end the following: 
‘‘SEC. 109. ENGAGEMENT WITH FOREIGN COUNTRIES. 
‘‘(a) REPORTS REQUIRED.— 
‘‘(1) COVERED COUNTRY REPORT.—Not later 
than 90 days after the date of the enactment of the 
REPO for Ukrainians Implementation Act of 2025, 
the President shall submit to the appropriate con-
gressional committees a report specifying— 
‘‘(A) the covered countries in which Rus-
sian sovereign assets are located; 
‘‘(B) the amount of such assets in each 
such country; and 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
‘‘(C) a description of such assets, includ-
ing— 
‘‘(i) whether or not such assets are 
frozen, blocked, or immobilized; and 
‘‘(ii) whether or not such assets are 
accruing interest. 
‘‘(2) REPORT ON NON-COVERED COUNTRIES.— 
Not later than 270 days after the date of the enact-
ment of the REPO for Ukrainians Implementation 
Act of 2025, the President shall submit to the ap-
propriate congressional committees a report speci-
fying— 
‘‘(A) the foreign countries that are not cov-
ered countries in which Russian sovereign as-
sets are located; 
‘‘(B) the amount of such assets in each 
such country; and 
‘‘(C) a description of such assets, includ-
ing— 
‘‘(i) whether or not such assets are 
frozen, blocked, or immobilized; and 
‘‘(ii) whether or not such assets are 
accruing interest. 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
‘‘(3) FORM.—The reports required by para-
graphs (1) and (2) shall be submitted in unclassified 
form but may include a classified annex. 
‘‘(b) SENSE OF CONGRESS ON ENGAGEMENT.—Not 
later than 30 days after the date of the enactment of the 
REPO for Ukrainians Implementation Act of 2025, the 
Secretary of State, in coordination with the Secretary of 
the Treasury, should commence a robust, sustained, diplo-
matic effort to persuade the government of each covered 
country to begin repurposing, on a quarterly basis, an 
amount that is not less than 5 percent of the Russian sov-
ereign assets located in that country for the benefit of 
Ukraine. 
‘‘(c) COVERED COUNTRY DEFINED.—In this section, 
the term ‘covered country’ means Australia and any coun-
try that is a member of the G7 or the European Union, 
other than the United States.’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
in section 1 of the Rebuilding Economic Prosperity and 
Opportunity for Ukrainians Act (division F of Public Law 
118–50; 22 U.S.C. 9521 note) is amended by inserting 
after the item relating to section 108 the following: 
‘‘Sec. 109. Engagement with foreign countries.’’. 
SEC. 7. MODIFICATION OF JUDICIAL REVIEW PROVISION. 
Section 104(k) of the Rebuilding Economic Pros-
perity and Opportunity for Ukrainians Act (division F of 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
Public Law 118–50; 22 U.S.C. 9521 note) is amended by 
striking ‘‘this section’’ each place it appears and inserting 
‘‘this division’’. 
SEC. 8. TECHNICAL CORRECTIONS. 
The Rebuilding Economic Prosperity and Oppor-
tunity for Ukrainians Act (division F of Public Law 118– 
50; 22 U.S.C. 9521 note) is amended— 
(1) in section 2(2), by striking ‘‘paragraph (7)’’ 
and inserting ‘‘paragraph (6)’’; 
(2) in section 101(a)— 
(A) 
in 
paragraph 
(4), 
by 
striking 
‘‘deplore[d]’’ and inserting ‘‘[d]eplore[d]’’; and 
(B) in paragraph (6), in the matter pre-
ceding subparagraph (A), by striking ‘‘a resolu-
tion’’ and inserting ‘‘Resolution ES–11/5’’; 
(3) in section 102(6), by striking the period at 
the end and inserting a semicolon; 
(4) in section 103(a), in the matter preceding 
paragraph (1), by striking ‘‘section 104(j)’’ and in-
serting ‘‘section 104(l)’’; 
(5) in section 104— 
(A) in subsection (a), by striking ‘‘section 
501.603(b)(ii)’’ 
and 
inserting 
‘‘section 
501.603(b)(1)(ii)’’; 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB
(B) in subsection (d)(2), by striking ‘‘ac-
counts’’ and inserting ‘‘account’’; and 
(C) in subsection (f)(1), by striking 
‘‘Funds’’ and inserting ‘‘funds’’; and 
(6) in section 105— 
(A) in subsection (a), in the matter pre-
ceding paragraph (1), by striking ‘‘section 
104(c)’’ and inserting ‘‘section 104(d)’’; 
(B) in subsection (b), by striking ‘‘section 
104(f)’’ and inserting ‘‘section 104(g)’’; and 
(C) in subsection (f), by striking ‘‘sub-
section (c)(2)’’ and inserting ‘‘subsection (c)’’. 
Æ 
VerDate Sep 11 2014 
21:41 Oct 24, 2025
Jkt 069200
PO 00000
Frm 00010
Fmt 6652
Sfmt 6301
E:\BILLS\H5835.IH
H5835
kjohnson on DSK7ZCZBW3PROD with $$_JOB