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H.R. 5835119th CongressIn committeeLatest action Oct 24, 2025Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
HR 5835 requires $250M released every 90 days from frozen Russian assets and pushes allies to redirect 5% of their own frozen Russian funds to Ukraine.
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HR 5835 updates the REPO for Ukrainians Act to change how frozen Russian government money held in the US is managed and sent to Ukraine. The Treasury Department would be required to invest those frozen funds in US government bonds to earn interest while held in a special Ukraine Support Fund. At least $250 million must be released from that fund every 90 days for Ukraine's benefit.
The bill primarily affects the Treasury and State Departments, which manage frozen foreign assets and conduct international diplomacy. Russia's government money would be used, and Ukraine would receive the resulting financial assistance.
The US would pressure G7 nations, EU members, and Australia to redirect at least 5 percent of their own frozen Russian assets every quarter toward Ukraine. The President would also be required to report to Congress on the global location, total amount, and status of Russian sovereign assets.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Foreign Affairs.