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Russia Sanctions Enforcement Fund and Anti-Smuggling Efforts

This act establishes a special fund to finance actions against Russian vessels and entities violating sanctions. Funds from seizures will help pay down the U.S. public debt. It also strengthens coordination among agencies in combating illegal exports.
Key points
A Russia Sanctions Enforcement Fund is created to finance investigations and seizures of property related to Russian sanctions violations and their 'ghost ship' fleet.
Excess funds from seizures and forfeitures will be transferred to the U.S. Treasury to help pay down the national public debt.
The Export Enforcement Coordination Center is formally established and authorized, enhancing inter-agency cooperation in enforcing export controls.
The act includes reporting requirements and penalties for non-compliance, ensuring accountability and proper use of the fund.
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Introduced
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Additional Information
Print number: 119_S_1490
Sponsor: Sen. Ernst, Joni [R-IA]
Process start date: 2025-04-10