Congress funds Russia sanctions enforcement, mandates debt repayment of surplus seizures
S. 1490 — GHOST Act of 2025 · Filed by Joni Ernst (R-IA) · 1 cosponsor · Introduced Apr 10, 2025 · Referred to committee
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What it does
This bill creates a $150 million Russia Sanctions Enforcement Fund within the Treasury to pay for seizing and forfeiting property from Russian entities and their ships that violate U.S. sanctions. Any surplus above $500 million annually goes to pay down the national debt. The bill also codifies an existing Export Enforcement Coordination Center within DHS to coordinate export control enforcement across federal agencies. The fund operates without annual appropriations and must be reported on annually; if unused for two years or reports are late, money reverts to debt repayment.
Why we flagged it
The bill's primary mechanism is establishing a dedicated fund for Russia sanctions enforcement with mandatory debt repayment of surpluses. The Export Enforcement Coordination Center codification is a secondary, administrative component that formalizes existing executive authority.
What the text implies
- The fund operates 'without further appropriation or fiscal year limitation,' creating a permanent revenue stream that bypasses annual congressional budget review—a structural shift toward executive fiscal autonomy in sanctions enforcement.
- Informant payments and 'purchase of evidence' provisions (Section 2(2)) may incentivize private intelligence gathering on Russian entities, potentially creating a market for sanctions-evasion intelligence outside traditional law enforcement channels.
The full analysis lists 5 implications of this text.
Who stands to gain
Federal law enforcement agencies (DHS, DOJ, FBI, ICE); State and local law enforcement agencies (via equitable sharing); Private contractors for asset management, disposal, and specialized services