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United States · Bill · HR

H.R. 4175 (118th)

REPO for Ukrainians Act

reportedUnited States· United States Congress· EN

Introduced

15 June 2023

Last action

7 November 2023 · Committee

Status

Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 2.

Sponsors

Rep. McCaul, Michael T. [R-TX-10], Rep. Kaptur, Marcy [D-OH-9], Rep. Wilson, Joe [R-SC-2], Rep. Cohen, Steve [D-TN-9], Rep. Kean, Thomas H. [R-NJ-7], Rep. Quigley, Mike [D-IL-5], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Fallon, Pat [R-TX-4], Rep. Lawler, Michael [R-NY-17], Rep. Veasey, Marc A. [D-TX-33], Rep. Costa, Jim [D-CA-21], Rep. Sánchez, Linda T. [D-CA-38], Rep. Lieu, Ted [D-CA-36], Rep. Gonzales, Tony [R-TX-23], Rep. Ellzey, Jake [R-TX-6], Rep. Lamborn, Doug [R-CO-5], Del. Radewagen, Aumua Amata Coleman [R-AS-At Large], Rep. Turner, Michael R. [R-OH-10], Rep. Graves, Sam [R-MO-6], Rep. Hill, J. French [R-AR-2], Sen. Schiff, Adam B. [D-CA], Rep. Wagner, Ann [R-MO-2], Rep. Smith, Christopher H. [R-NJ-4], Rep. Raskin, Jamie [D-MD-8], Rep. Larsen, Rick [D-WA-2], Rep. Bacon, Don [R-NE-2], Rep. Crenshaw, Dan [R-TX-2], Rep. Rogers, Mike D. [R-AL-3], Rep. McCormick, Richard [R-GA-7], Rep. Self, Keith [R-TX-3], Rep. Magaziner, Seth [D-RI-2], Rep. Titus, Dina [D-NV-1], Rep. Rose, John W. [R-TN-6], Rep. Moran, Nathaniel [R-TX-1], Rep. Schweikert, David [R-AZ-1], Rep. Bice, Stephanie I. [R-OK-5], Rep. Doggett, Lloyd [D-TX-37], Rep. Amodei, Mark E. [R-NV-2], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Goldman, Daniel S. [D-NY-10], Rep. Baird, James R. [R-IN-4], Rep. Kelly, Trent [R-MS-1], Rep. Steel, Michelle [R-CA-48], Rep. Yakym, Rudy [R-IN-2], Rep. Wittman, Robert J. [R-VA-1], Rep. Norcross, Donald [D-NJ-1], Rep. Ciscomani, Juan [R-AZ-6], Rep. Gimenez, Carlos A. [R-FL-28]

Subjects

Discovery layer

Source updated

9 January 2026

Summary

Rebuilding Economic Prosperity and Opportunity for Ukrainians Act or the REPO for Ukrainians Act This bill requires or authorizes various actions related to the confiscation and disposition of Russian sovereign assets (which include funds and other property of Russia's central bank, direct investment fund, or ministry of finance). Under the bill, the President must require U.S. financial institutions to notify the Department of the Treasury of any Russian sovereign assets located at such institutions. The President may confiscate any such assets subject to U.S. jurisdiction. Confiscated funds and the proceeds of liquidated property must be deposited into the Ukraine Support Fund established by the bill. The Ukraine Support Fund shall be used by the Department of State to compensate Ukraine for damages caused by the Russian invasion. The Ukraine Support Fund may also support an international body or mechanism for (1) reconstruction and rebuilding efforts in Ukraine, (2) humanitarian assistance to the Ukrainian people, or (3) other purposes which support the recovery of Ukraine and the welfare of the Ukrainian people. The bill also directs the President to seek to establish, with foreign partners, an international mechanism to provide compensation to Ukraine using the Ukraine Support Fund and Russian sovereign assets confiscated by foreign partners. Additionally, the bill sets policy on related topics, such as specifying that the United States should lead an international sanctions regime to freeze Russian sovereign assets in conjunction with allies and partners.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 15 June 2023

    Introduced

    Referred to the Committee on Foreign Affairs, and in addition to the Committees on Rules, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 15 June 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 15 June 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 7 November 2023

    Vote

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 2.

    Source: Committee

  5. 7 November 2023

    Committee

    Committee Consideration and Mark-up Session Held

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 15 June 2023

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  • Introduced in House (PDF)

    Introduced in House · EN · 15 June 2023

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 15 June 2023

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Sponsors

Showing 48 of 95 sponsors and actors.

Related records

Sources

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