Bill
Bill > S1490
summary
Introduced
04/10/2025
04/10/2025
In Committee
04/10/2025
04/10/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A bill to establish and authorize funding for a Russia Sanctions Enforcement Fund to enforce United States sanctions with respect to the Russian Federation and its illegal ghost ship fleet to pay off the United States public debt and to codify the Export Enforcement Coordination Center.
AI Summary
This bill establishes two key initiatives: first, a Russia Sanctions Enforcement Fund and second, a formal Export Enforcement Coordination Center. The Russia Sanctions Enforcement Fund will be created in the U.S. Treasury with an initial $150 million appropriation for fiscal year 2026, specifically designed to support efforts to enforce sanctions against Russia and its "ghost ship" fleet. The fund can be used for various purposes including investigative costs, seizure and forfeiture expenses, reimbursing law enforcement agencies, paying informants, and purchasing equipment for enforcement operations. The fund has specific provisions to transfer excess funds to the U.S. public debt and requires annual reporting to congressional committees about its activities. The Export Enforcement Coordination Center, to be operated within Homeland Security Investigations, will serve as a central hub for coordinating export control enforcement across multiple federal agencies, including the Departments of State, Treasury, Defense, Justice, and others. The center will facilitate information exchange, coordinate investigations, establish tracking capabilities, and help deconflict enforcement efforts related to export control violations. The bill includes detailed provisions about the center's leadership, including a Director from Homeland Security Investigations and two Deputy Directors from the Departments of Commerce and Justice, as well as specifying liaison requirements from various intelligence and law enforcement agencies.
Committee Categories
Justice
Sponsors (2)
Last Action
Read twice and referred to the Committee on the Judiciary. (on 04/10/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/1490/all-info |
BillText | https://www.congress.gov/119/bills/s1490/BILLS-119s1490is.pdf |
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