S 1490
GHOST Act of 2025
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- Passed Senate
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Bill overview
The Global Hunt for Offshore Smuggling and Trafficking Act of 2025, or the GHOST Act, establishes a Russia Sanctions Enforcement Fund to pay for seizing and forfeiting property linked to sanctions violations by the Russian Federation and its ‘ghost ships.’ The fund will be managed by the Department of Homeland Security and used to cover investigative costs, detention expenses, and disposal costs of seized assets. Additionally, the bill creates the Export Enforcement Coordination Center to improve coordination among federal agencies in enforcing export control laws. It also includes provisions for adjusting fund appropriations based on inflation and outlines penalties for failing to utilize the fund effectively.
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