This bill, known as the Global Hunt for Offshore Smuggling and Trafficking Act of 2025 or the GHOST Act of 2025 , aims to strengthen enforcement of U.S. sanctions against the Russian Federation and its illicit shipping operations. It establishes a Russia Sanctions Enforcement Fund in the Treasury to cover expenses related to the seizure and forfeiture of property linked to sanctions violations by Russia and its "covered merchant ships." An administrator, appointed by the Secretary of Homeland Security in consultation with the Treasury, will manage this fund. The Fund's resources can be used for a wide array of activities, including investigative costs , property detention and disposal, contract services, and awards to informers. It also supports equitable sharing payments to other agencies and funds equipment for law enforcement. A key priority for the Administrator is to allocate funds to activities that result in the seizure and forfeiture of oil or petroleum products or other commodities that finance Russia's evasive actions. Initially, $150,000,000 is authorized for the Fund in fiscal year 2026, with a requirement for repayment by 2036. To prevent excessive accumulation, any year-end balance exceeding $500,000,000 (adjusted for inflation) must be transferred to the general fund of the Treasury to reduce the United States public debt . The bill mandates annual reports to Congress on fund activities, and imposes penalties, including transfers to the public debt or fund termination, for failure to report or utilize the fund for its intended purpose. Additionally, the bill formally codifies the Export Enforcement Coordination Center (EECC) within Homeland Security Investigations. The EECC is designated as the primary hub for federal government export enforcement efforts, involving numerous agencies such as the Departments of State, Treasury, Justice, Commerce, and Homeland Security. This codification aims to enhance interagency cooperation in combating export control violations. The EECC's coordination authority includes serving as a conduit for information exchange between law enforcement and the intelligence community, and as a primary contact point between enforcement and export licensing authorities. It is tasked with coordinating public outreach, deconflicting investigations, and establishing integrated statistical tracking capabilities. The Center will be led by a Director from Homeland Security Investigations, with Deputy Directors from the Departments of Commerce and Justice, and will include liaisons from a broad range of federal agencies.