S. 1595 

One Hundred Fifteenth Congress 

of the 

United States of America 

AT THE SECOND SESSION 

Begun and held at the City of Washington on Wednesday, 

the third day of January, two thousand and eighteen 

An Act 

To amend the Hizballah International Financing Prevention Act of 2015 to impose 

additional sanctions with respect to Hizballah, and for other purposes. 

Be it enacted by the Senate and House of Representatives of 

the United States of America in Congress assembled, 

SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

(a) SHORT TITLE.—This Act may be cited as the ‘‘Hizballah 

International Financing Prevention Amendments Act of 2018’’. 

(b) TABLE OF CONTENTS.—The table of contents for this Act 

is as follows: 

Sec. 1. Short title; table of contents. 

TITLE I—PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL 

FINANCIAL AND OTHER INSTITUTIONS 

Sec. 101. Mandatory sanctions with respect to fundraising and recruitment activities for Hizballah. 

Sec. 102. Modification of report with respect to financial institutions that engage in 

certain transactions. 

Sec. 103. Sanctions against certain agencies and instrumentalities of foreign states. 

Sec. 104. Diplomatic initiatives to prevent hostile activities by Iran and disrupt and 

degrade Hizballah’s illicit networks. 

TITLE II—NARCOTICS TRAFFICKING AND TRANSNATIONAL CRIMINAL 

ACTIVITIES OF HIZBALLAH 

Sec. 201. Imposition of sanctions with respect to affiliated networks of Hizballah 

for transnational criminal activities. 

Sec. 202. Report on racketeering activities engaged in by Hizballah. 

Sec. 203. Modification of report on activities of foreign governments to disrupt activities of Hizballah; reports on membership in Hizballah. 

TITLE III—GENERAL PROVISIONS 

Sec. 301. Regulatory authority. 

Sec. 302. Implementation; penalties; judicial review; exemptions; rule of construction; exception relating to importation of goods. 

Sec. 303. Report consolidation and modification. 

TITLE I—PREVENTION OF ACCESS BY 

HIZBALLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS 

SEC. 101. MANDATORY SANCTIONS WITH RESPECT TO FUNDRAISING 

AND RECRUITMENT ACTIVITIES FOR HIZBALLAH. 

(a) IN GENERAL.—Section 101 of the Hizballah International 

Financing Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 

1701 note) is amended to read as follows: 
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‘‘SEC. 101. MANDATORY SANCTIONS WITH RESPECT TO FUNDRAISING 

AND RECRUITMENT ACTIVITIES FOR HIZBALLAH. 

‘‘(a) IN GENERAL.—The President shall, on or after the date 

of the enactment of the Hizballah International Financing Prevention Amendments Act of 2018, impose the sanctions described in 

subsection (b) with respect to any foreign person that the President 

determines knowingly provides significant financial, material, or 

technological support for or to— 

‘‘(1) Bayt al-Mal, Jihad al-Bina, the Islamic Resistance 

Support Association, the Foreign Relations Department of 

Hizballah, the External Security Organization of Hizballah, 

or any successor or affiliate thereof as designated by the President; 

‘‘(2) al-Manar TV, al Nour Radio, or the Lebanese Media 

Group, or any successor or affiliate thereof as designated by 

the President; 

‘‘(3) a foreign person determined by the President to be 

engaged in fundraising or recruitment activities for Hizballah; 

or 

‘‘(4) a foreign person owned or controlled by a person 

described in paragraph (1), (2), or (3). 

‘‘(b) SANCTIONS DESCRIBED.—The sanctions described in this 

subsection are the following: 

‘‘(1) ASSET BLOCKING.—The exercise of all powers granted 

to the President by the International Emergency Economic 

Powers Act (50 U.S.C. 1701 et seq.) (except that the requirements of section 202 of such Act (50 U.S.C. 1701) shall not 

apply) to the extent necessary to block and prohibit all transactions in all property and interests in property of a foreign 

person determined by the President to be subject to subsection 

(a) if such property and interests in property are in the United 

States, come within the United States, or are or come within 

the possession or control of a United States person. 

‘‘(2) ALIENS INELIGIBLE FOR VISAS, ADMISSION, OR PAROLE.— ‘‘(A) VISAS, ADMISSION, OR PAROLE.—An alien who the 

Secretary of State or the Secretary of Homeland Security 

(or designee of one of such Secretaries) determines is subject to subsection (a) is— 

‘‘(i) inadmissible to the United States; 

‘‘(ii) ineligible to receive a visa or other documentation to enter the United States; and 

‘‘(iii) otherwise ineligible to be admitted or paroled 

into the United States or to receive any other benefit 

under the Immigration and Nationality Act (8 U.S.C. 

1101 et seq.). 

‘‘(B) CURRENT VISAS REVOKED.— 

‘‘(i) IN GENERAL.—The Secretary of State or the 

Secretary of Homeland Security (or designee of one 

of such Secretaries) shall revoke any visa or other 

entry documentation issued to an alien who the President determines is subject to subsection (a), regardless 

of when issued. 

‘‘(ii) EFFECT OF REVOCATION.—A revocation under 

clause (i) shall take effect immediately and shall automatically cancel any other valid visa or entry documentation that is in the possession of the alien. 

‘‘(c) WAIVER.— 
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‘‘(1) IN GENERAL.—The President may, for periods not to 

exceed 180 days, waive the imposition of sanctions under this 

section if the President certifies to the appropriate congressional 

committees that such waiver is in the national security interests 

of the United States. 

‘‘(2) BRIEFING.—Not later than 30 days after the issuance 

of a waiver under paragraph (1) with respect to a foreign 

person, and every 180 days thereafter while the waiver remains 

in effect, the President shall brief the appropriate congressional 

committees on the status of the involvement of the foreign 

person in activities described in subsection (a). 

‘‘(d) DEFINITIONS.—In this section: 

‘‘(1) ADMITTED; ALIEN.—The terms ‘admitted’ and ‘alien’ 

have meanings given those terms in section 101 of the Immigration and Nationality Act (8 U.S.C. 1101). 

‘‘(2) APPROPRIATE CONGRESSIONAL COMMITTEES.—The term 

‘appropriate congressional committees’ means— 

‘‘(A) the Committee on Foreign Affairs, the Committee 

on Ways and Means, the Committee on the Judiciary, 

the Committee on Financial Services, and the Permanent 

Select Committee on Intelligence of the House of Representatives; and 

‘‘(B) the Committee on Foreign Relations, the Committee on Finance, the Committee on Banking, Housing, 

and Urban Affairs, the Committee on the Judiciary, and 

the Select Committee on Intelligence of the Senate. 

‘‘(3) ENTITY.—The term ‘entity’ means a partnership, 

association, corporation, or other organization, group, or subgroup. 

‘‘(4) FOREIGN PERSON.—The term ‘foreign person’ means 

any person that is not a United States person. 

‘‘(5) HIZBALLAH.—The term ‘Hizballah’ has the meaning 

given such term in section 102(e). 

‘‘(6) PERSON.—The term ‘person’ means an individual or 

entity. 

‘‘(7) UNITED STATES PERSON.—The term ‘United States person’ means a United States citizen, an alien lawfully admitted 

for permanent residence, an entity organized under the laws 

of the United States (including foreign branches), or a person 

in the United States.’’. 

(b) CLERICAL AMENDMENT.—The table of contents for the 

Hizballah International Financing Prevention Act of 2015 is 

amended by striking the item relating to section 101 and inserting 

the following new item: 

‘‘Sec. 101. Mandatory sanctions with respect to fundraising and recruitment activities for Hizballah.’’. 

SEC. 102. MODIFICATION OF REPORT WITH RESPECT TO FINANCIAL 

INSTITUTIONS THAT ENGAGE IN CERTAIN TRANSACTIONS. 

Section 102(d) of the Hizballah International Financing Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 1701 note) is 

amended to read as follows: 

‘‘(d) REPORT ON FINANCIAL INSTITUTIONS ORGANIZED UNDER

THE LAWS OF STATE SPONSORS OF TERRORISM.— 

‘‘(1) IN GENERAL.—Not later than 180 days after the date 

of the enactment of the Hizballah International Financing 
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Prevention Amendments Act of 2018, and every 2 years thereafter for a period not to exceed 4 years, the President shall 

submit to the appropriate congressional committees a report 

that— 

‘‘(A) identifies each foreign financial institution 

described in paragraph (2) that the President determines 

engages in one or more activities described in subsection 

(a)(2); and 

‘‘(B) provides a detailed description of each such 

activity. 

‘‘(2) FOREIGN FINANCIAL INSTITUTION DESCRIBED.— ‘‘(A) IN GENERAL.—A foreign financial institution 

described in this paragraph is a foreign financial institution— 

‘‘(i) that, wherever located, is— 

‘‘(I) organized under the laws of a state sponsor 

of terrorism or any jurisdiction within a state 

sponsor of terrorism; 

‘‘(II) owned or controlled by the government 

of a state sponsor of terrorism; 

‘‘(III) located in the territory of a state sponsor 

of terrorism; or 

‘‘(IV) owned or controlled by a foreign financial 

institution described in subclause (I), (II), or (III); 

and 

‘‘(ii) the capitalization of which exceeds $10,000,000. 

‘‘(B) STATE SPONSOR OF TERRORISM DEFINED.—In this 

paragraph, the term ‘state sponsor of terrorism’ means 

a country the government of which the Secretary of State 

has determined is a government that has repeatedly provided support for acts of international terrorism for purposes of— 

‘‘(i) section 1754(c) of the Export Control Reform 

Act of 2018; 

‘‘(ii) section 620A of the Foreign Assistance Act 

of 1961 (22 U.S.C. 2371); 

‘‘(iii) section 40 of the Arms Export Control Act 

(22 U.S.C. 2780); or 

‘‘(iv) any other provision of law.’’. 

SEC. 103. SANCTIONS AGAINST CERTAIN AGENCIES AND INSTRUMENTALITIES OF FOREIGN STATES. 

(a) IN GENERAL.—Title I of the Hizballah International 

Financing Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 

1701 note) is amended by adding at the end the following: 

‘‘SEC. 103. SANCTIONS AGAINST CERTAIN AGENCIES AND INSTRUMENTALITIES OF FOREIGN STATES. 

‘‘(a) SANCTIONS.— 

‘‘(1) IN GENERAL.—Not later than 180 days after the date 

of the enactment of the Hizballah International Financing 

Prevention Amendments Act of 2018, and as appropriate thereafter, the President shall impose the sanctions described in 

paragraph (3) with respect to an agency or instrumentality 

of a foreign state described in paragraph (2). 

‘‘(2) AGENCY OR INSTRUMENTALITY OF A FOREIGN STATE

DESCRIBED.—An agency or instrumentality of a foreign state 
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is described in this paragraph if the President determines that 

the agency or instrumentality has, on or after the date of 

the enactment of the Hizballah International Financing Prevention Amendments Act of 2018, knowingly— 

‘‘(A) conducted significant joint combat operations with, 

or significantly supported combat operations of, Hizballah; 

or 

‘‘(B) provided significant financial support for or to, 

or significant arms or related materiel to, Hizballah. 

‘‘(3) SANCTIONS DESCRIBED.—The sanctions described in this 

paragraph are the exercise of all powers granted to the President by the International Emergency Economic Powers Act 

(50 U.S.C. 1701 et seq.) (except that the requirements of section 

202 of such Act (50 U.S.C. 1701) shall not apply) to the extent 

necessary to block and prohibit all transactions in all property 

and interests in property of an agency or instrumentality of 

a foreign state if such property and interests in property are 

in the United States, come within the United States, or are 

or come within the possession or control of a United States 

person. 

‘‘(b) WAIVER.— 

‘‘(1) IN GENERAL.—The President may, for periods not to 

exceed 180 days, waive the imposition of sanctions under this 

section with respect to an agency or instrumentality of a foreign 

state if the President certifies to the appropriate congressional 

committees that such waiver is vital to the national security 

interests of the United States. 

‘‘(2) BRIEFING.—Not later than 30 days after the issuance 

of a waiver under paragraph (1) with respect to an agency 

or instrumentality of a foreign state, and every 180 days thereafter while the waiver remains in effect, the President shall 

brief the appropriate congressional committees on the status 

of the involvement of the agency or instrumentality in activities 

described in subsection (a)(2). 

‘‘(c) SPECIAL RULE.—The President shall not be required to 

impose sanctions under this section with respect to an agency 

or instrumentality of a foreign state if the Secretary certifies in 

writing to the appropriate congressional committees that— 

‘‘(1) the agency or instrumentality— 

‘‘(A) is no longer engaging in activities described in 

subsection (a)(2); or 

‘‘(B) has taken and is continuing to take significant 

verifiable steps toward terminating such activities; and 

‘‘(2) the President has received reliable assurances from 

the government of the foreign state that the agency or 

instrumentality will not engage in any activity described in 

subsection (a)(2) in the future. 

‘‘(d) DEFINITIONS.—In this section: 

‘‘(1) AGENCY OR INSTRUMENTALITY OF A FOREIGN STATE.— 

The term ‘agency or instrumentality of a foreign state’ has 

the meaning given the term in section 1603(b) of title 28, 

United States Code. 

‘‘(2) APPROPRIATE CONGRESSIONAL COMMITTEES.—The term 

‘appropriate congressional committees’ means— 

‘‘(A) the Committee on Foreign Affairs, the Committee 

on Financial Services, the Committee on Ways and Means, 
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the Committee on the Judiciary, the Committee on Appropriations, and the Permanent Select Committee on Intelligence of the House of Representatives; and 

‘‘(B) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on the Judiciary, Committee on Finance, Committee 

on Appropriations, and the Select Committee on Intelligence of the Senate. 

‘‘(3) ARMS OR RELATED MATERIEL.—The term ‘arms or 

related materiel’ means— 

‘‘(A) nuclear, biological, chemical, or radiological 

weapons or materials or components of such weapons; 

‘‘(B) ballistic or cruise missile weapons or materials 

or components of such weapons; and 

‘‘(C) destabilizing numbers and types of advanced 

conventional weapons. 

‘‘(4) HIZBALLAH.—The term ‘Hizballah’ has the meaning 

given such term in section 102(e). 

‘‘(5) UNITED STATES PERSON.—The term ‘United States person’ has the meaning given such term in section 101(d).’’. 

(b) CLERICAL AMENDMENT.—The table of contents for the 

Hizballah International Financing Prevention Act of 2015 is 

amended by inserting after the item relating to section 102 the 

following new item: 

‘‘Sec. 103. Sanctions against certain agencies and instrumentalities of foreign 

states.’’. 

SEC. 104. DIPLOMATIC INITIATIVES TO PREVENT HOSTILE ACTIVITIES 

BY IRAN AND DISRUPT AND DEGRADE HIZBALLAH’S 

ILLICIT NETWORKS. 

(a) DIPLOMATIC ENGAGEMENT.—Title I of the Hizballah International Financing Prevention Act of 2015 (Public Law 114–102; 

129 Stat. 2206; 50 U.S.C. 1701 note), as amended by section 103 

of this Act, is further amended by adding at the end the following: 

‘‘SEC. 104. DIPLOMATIC INITIATIVES TO PREVENT HOSTILE ACTIVITIES 

BY IRAN AND DISRUPT AND DEGRADE HIZBALLAH’S 

ILLICIT NETWORKS. 

‘‘Not later than 180 days after the date of the enactment 

of the Hizballah International Financing Prevention Amendments 

Act of 2018, the President shall instruct the Secretary of State, 

in consultation with the Secretary of the Treasury, to increase 

cooperation with foreign governments to assist in strengthening 

the capacity of such governments to prevent hostile activity by 

Iran and disrupt and degrade Hizballah’s illicit activities, including 

diplomatic engagement that involves— 

‘‘(1) efforts to target and expose illicit finance networks, 

arrest perpetrators, freeze assets, and address Iran and 

Hizballah’s use of illicit financial networks using international 

trade and banking systems; 

‘‘(2) efforts to assist willing governments with the development of counter-organized crime legislation, the strengthening 

of financial investigative capacity, and a fully-vetted counterorganized crime judicial model in jurisdictions plagued with 

corruption; and 

‘‘(3) efforts to persuade governments to list Hizballah as 

a terrorist organization.’’. 
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(b) CLERICAL AMENDMENT.—The table of contents for the 

Hizballah International Financing Prevention Act of 2015 is 

amended by inserting after the item related to section 103, as 

added by section 103(b) of this Act, the following new item: 

‘‘Sec. 104. Diplomatic initiatives to prevent hostile activities by Iran and disrupt 

and degrade Hizballah’s illicit networks.’’. 

TITLE II—NARCOTICS TRAFFICKING 

AND TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH 

SEC. 201. IMPOSITION OF SANCTIONS WITH RESPECT TO AFFILIATED 

NETWORKS OF HIZBALLAH FOR TRANSNATIONAL 

CRIMINAL ACTIVITIES. 

(a) STATEMENT OF POLICY.—It is the policy of the United States 

to determine if individuals and entities that are designated by 

the United States Government on or after the date of the enactment 

of this Act as being associated with Hizballah are engaged in 

transnational organized crime or related activities on or after such 

date of enactment. 

(b) IN GENERAL.—Section 201 of the Hizballah International 

Financing Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 

1701 note) is amended to read as follows: 

‘‘SEC. 201. IMPOSITION OF SANCTIONS WITH RESPECT TO AFFILIATED 

NETWORKS OF HIZBALLAH FOR TRANSNATIONAL 

CRIMINAL ACTIVITIES. 

‘‘(a) IN GENERAL.—The President shall, on or after the date 

of the enactment of the Hizballah International Financing Prevention Amendments Act of 2018, impose the sanctions described in 

subsection (b) with respect to affiliated networks of Hizballah, 

including, as appropriate, by reason of significant transnational 

criminal activities engaged in by such networks. 

‘‘(b) SANCTIONS DESCRIBED.—The sanctions described in this 

subsection are sanctions applicable with respect to Hizballah pursuant to any provision of law, including Executive Order 13581 (50 

U.S.C. 1701 note; relating to blocking property of transnational 

criminal organizations) (as such Executive Order was in effect on 

the day before the date of the enactment of the Hizballah International Financing Prevention Amendments Act of 2018). 

‘‘(c) WAIVER.—The President may, for periods not to exceed 

180 days, waive the imposition of sanctions under this section 

if the President certifies to the appropriate congressional committees that such waiver is in the national security interests of the 

United States. 

‘‘(d) DEFINITIONS.—In this section: 

‘‘(1) APPROPRIATE CONGRESSIONAL COMMITTEES.—The term 

‘appropriate congressional committees’ means— 

‘‘(A) the Committee on Foreign Affairs, the Committee 

on Ways and Means, the Committee on Appropriations, 

the Committee on Financial Services, and the Permanent 

Select Committee on Intelligence of the House of Representatives; and 
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‘‘(B) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on Appropriations, and the Select Committee on 

Intelligence of the Senate. 

‘‘(2) HIZBALLAH.—The term ‘Hizballah’ has the meaning 

given such term in section 102(e).’’. 

(c) CONFORMING AMENDMENT.—The title heading for title II 

of the Hizballah International Financing Prevention Act of 2015 

is amended to read as follows: 

‘‘TITLE II—SANCTIONS AND REPORTS 

RELATING TO NARCOTICS TRAFFICKING AND SIGNIFICANT 

TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH’’. 

(d) CLERICAL AMENDMENTS.—The table of contents for the 

Hizballah International Financing Prevention Act of 2015 is 

amended— 

(1) by striking the item relating to title II and inserting 

the following: 

‘‘TITLE II—SANCTIONS AND REPORTS RELATING TO NARCOTICS TRAFFICKING AND SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF 

HIZBALLAH’’; AND

(2) by striking the item relating to section 201 and inserting 

the following: 

‘‘Sec. 201. Imposition of sanctions with respect to affiliated networks of Hizballah 

for transnational criminal activities.’’. 

SEC. 202. REPORT ON RACKETEERING ACTIVITIES ENGAGED IN BY 

HIZBALLAH. 

(a) IN GENERAL.—Section 202 of the Hizballah International 

Financing Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 

1701 note) is amended to read as follows: 

‘‘SEC. 202. REPORT ON RACKETEERING ACTIVITIES ENGAGED IN BY 

HIZBALLAH. 

‘‘(a) IN GENERAL.—Not later than 180 days after the date of 

the enactment of the Hizballah International Financing Prevention 

Amendments Act of 2018, the President shall submit to the appropriate congressional committees a report on information regarding 

activities that Hizballah, and agents and affiliates of Hizballah, 

have engaged in that are racketeering activities, including any 

patterns regarding such racketeering activities. 

‘‘(b) FORM OF REPORT.—Each report required under subsection 

(a) shall be submitted in an unclassified form but may contain 

a classified annex. 

‘‘(c) DEFINITIONS.—In this section: 

‘‘(1) APPROPRIATE CONGRESSIONAL COMMITTEES.—The term 

‘appropriate congressional committees’ means— 

‘‘(A) the Committee on the Judiciary, the Committee 

on Foreign Affairs, the Committee on Financial Services, 

and the Committee on Appropriations of the House of Representatives; and 
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‘‘(B) the Committee on the Judiciary, the Committee 

on Foreign Relations, the Committee on Banking, Housing, 

and Urban Affairs, and the Committee on Appropriations 

of the Senate. 

‘‘(2) HIZBALLAH.—The term ‘Hizballah’ has the meaning 

given such term in section 102(e). 

‘‘(3) RACKETEERING ACTIVITY.—The term ‘racketeering 

activity’ means any activity that would be considered a racketeering activity (as defined in section 1961(1) of title 18, United 

States Code) if the activity were engaged in the United States 

or by a United States person. 

‘‘(4) UNITED STATES PERSON.—The term ‘United States person’ has the meaning given such term in section 101(d).’’. 

(b) CLERICAL AMENDMENT.—The table of contents for the 

Hizballah International Financing Prevention Act of 2015 is 

amended by striking the item relating to section 202 and inserting 

the following: 

‘‘Sec. 202. Report on racketeering activities engaged in by Hizballah.’’. 

SEC. 203. MODIFICATION OF REPORT ON ACTIVITIES OF FOREIGN 

GOVERNMENTS TO DISRUPT ACTIVITIES OF HIZBALLAH; 

REPORTS ON MEMBERSHIP IN HIZBALLAH. 

(a) IN GENERAL.—Section 204 of the Hizballah International 

Financing Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 

1701 note) is amended— 

(1) in subsection (a)(1)— 

(A) in the matter preceding subparagraph (A), by 

striking ‘‘this Act’’ and inserting ‘‘the Hizballah International Financing Prevention Amendments Act of 2018, 

and once every 2 years thereafter for the following 4 years’’; 

(B) in subparagraph (D)(ii)(II), by striking ‘‘and’’ at 

the end; 

(C) in subparagraph (E), by striking ‘‘and free-trade 

zones.’’ and inserting ‘‘free-trade zones, business partnerships and joint ventures, and other investments in small 

and medium-sized enterprises;’’; and 

(D) by adding at the end the following: 

‘‘(F) a list of jurisdictions outside of Lebanon that 

expressly consent to, or with knowledge allow, the use 

of their territory by Hizballah to carry out terrorist activities, including training, financing, and recruitment; 

‘‘(G) a description of the total aggregate revenues and 

remittances that Hizballah receives from the global logistics 

networks of Hizballah; 

‘‘(H) a list of Hizballah’s sources of revenue, including 

sources of revenue based on illicit activity, revenues from 

Iran, charities, and other business activities; 

‘‘(I) a list of Hizballah’s expenditures, including 

expenditures for ongoing military operations, social networks, and external operations; 

‘‘(J) a description of steps to be taken by Federal agencies to combat the illicit tobacco trafficking networks used 

by Hizballah; 

‘‘(K) an assessment of Hizballah’s financial operations 

in areas under its operational or political control in Lebanon and Syria and available measures to target 

Hizballah’s financial operations in those areas; 
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‘‘(L) a review of Hizballah’s international operational 

capabilities, including in the United States; 

‘‘(M) a review of— 

‘‘(i) the total number and value of Hizballahrelated assets seized and forfeited; and 

‘‘(ii) the total number of indictments, prosecutions, 

and extraditions of Hizballah members or affiliates; 

and 

‘‘(N) a review of efforts by the United States to prevent 

hostile activities by Iran and disrupt and degrade 

Hizballah’s illicit networks in the Western Hemisphere, 

including interagency coordination to ensure that information-sharing, interdictions, arrests, investigations, indictments, sanctions, and designations related to Hizballah 

individuals or networks in the Western Hemisphere are 

integrated, coordinated, and publicly communicated by the 

United States in a manner that supports United States 

interests.’’; 

(2) by redesignating subsections (b) and (c) as subsections 

(c) and (d), respectively; 

(3) by inserting after subsection (a) the following: 

‘‘(b) ENHANCED DUE DILIGENCE.— 

‘‘(1) IN GENERAL.—The President is authorized to require 

each financial institution in the United States that knowingly 

maintains a correspondent account or a payable-through 

account in the United States for a foreign financial institution 

described in paragraph (2) to establish enhanced due diligence 

policies, procedures, and controls in accordance with section 

5318(i)(2)(B) of title 31, United States Code, and regulations 

to implement such section with respect to such accounts. 

‘‘(2) FOREIGN FINANCIAL INSTITUTION DESCRIBED.—A foreign 

financial institution described in this paragraph is a foreign 

financial institution that the President determines provides 

significant financial services to persons operating in a jurisdiction identified in unclassified form in the list required under 

subsection (a)(1)(F). 

‘‘(3) DEFINITIONS.—In this subsection, the terms ‘correspondent account’ and ‘payable-through account’ have the 

meanings given those terms in section 5318A of title 31, United 

States Code.’’; and 

(4) in subsection (c), as redesignated by paragraph (2)— 

(A) by striking ‘‘this Act, and every 180 days thereafter,’’ and inserting ‘‘the Hizballah International Financing 

Prevention Amendments Act of 2018, and every 180 days 

thereafter for the following 4 years,’’; and 

(B) by adding before the period at the end the following: 

‘‘and on any requirements for enhanced due diligence prescribed under subsection (b)’’. 

(b) REPORT ON ESTIMATED NET WORTH OF SENIOR HIZBALLAH

MEMBERS.— 

(1) IN GENERAL.—Not later than 180 days after the date 

of the enactment of this Act, the President shall submit to 

the appropriate congressional committees a report that contains— 

(A) the estimated total net worth of each individual 

described in paragraph (2); and 
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(B) to the extent feasible, a description of how funds 

of each individual described in paragraph (2) were acquired, 

and how such funds have been used or employed. 

(2) INDIVIDUALS DESCRIBED.—The individuals described in 

this paragraph are the following: 

(A) The Secretary General of Hizballah. 

(B) Members of Hizballah’s senior leadership or senior 

associates of Hizballah that the President determines materially assist or support Hizballah. 

(C) Any other individual that the President determines 

is a senior foreign political figure of Hizballah. 

(3) FORM OF REPORT; PUBLIC AVAILABILITY.— (A) FORM.—The report required under paragraph (1) 

shall be submitted in unclassified form but may contain 

a classified annex. 

(B) PUBLIC AVAILABILITY.—The unclassified portion of 

the report required under paragraph (1) shall be made 

available to the public in precompressed, easily 

downloadable versions that are made available in all appropriate formats. 

(4) DEFINITIONS.—In this subsection: 

(A) APPROPRIATE CONGRESSIONAL COMMITTEES.—The 

term ‘‘appropriate congressional committees’’ means— 

(i) the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select 

Committee on Intelligence of the House of Representatives; and 

(ii) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and 

the Select Committee on Intelligence of the Senate. 

(B) FUNDS.—The term ‘‘funds’’ means— 

(i) cash; 

(ii) equity; 

(iii) any other intangible asset the value of which 

is derived from a contractual claim, including bank 

deposits, bonds, stocks, a security (as defined in section 

2(a) of the Securities Act of 1933 (15 U.S.C. 77b(a))), 

or a security or an equity security (as those terms 

are defined in section 3(a) of the Securities Exchange 

Act of 1934 (15 U.S.C. 78c(a))); and 

(iv) anything else of value that the Secretary of 

the Treasury determines to be appropriate. 

(C) SENIOR FOREIGN POLITICAL FIGURE.—The term 

‘‘senior foreign political figure’’ has the meaning given that 

term in section 1010.605 of title 31, Code of Federal Regulations (or any successor regulation). 

(c) REPORT ON INDIVIDUALS WHO ARE MEMBERS OF THE LEBANESE PARLIAMENT AND WHO IDENTIFY AS MEMBERS OF HIZBALLAH.— 

(1) IN GENERAL.—Not later than 180 days after the date 

of the enactment of this Act, the President shall transmit 

to the appropriate congressional committees a report that contains the following: 

(A) A list of individuals who are members of the Lebanese Parliament and who identify as members of Hizballah. 

(B) A description of any significant conduct of individuals on the list required under subparagraph (A) that 

the President determines may be grounds for designation 
S. 1595—12 

pursuant to Executive Order 13224 (50 U.S.C. 1701 note; 

relating to blocking property and prohibiting transactions 

with persons who commit, threaten to commit, or support 

terrorism). 

(2) FORM.—The report required under paragraph (1) shall 

be transmitted in unclassified form, but may include a classified 

annex. 

(3) APPROPRIATE CONGRESSIONAL COMMITTEES DEFINED.— In this subsection, the term ‘‘appropriate congressional committees’’ means— 

(A) the Committee on Foreign Affairs, the Committee 

on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; 

and 

(B) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the 

Select Committee on Intelligence of the Senate. 

TITLE III—GENERAL PROVISIONS 

SEC. 301. REGULATORY AUTHORITY. 

(a) IN GENERAL.—The President shall, not later than 180 days 

after the date of the enactment of this Act, prescribe regulations 

as necessary for the implementation of this Act and the amendments 

made by this Act. 

(b) NOTIFICATION TO CONGRESS.—Not later than 10 days before 

the prescription of regulations under subsection (a), the President 

shall notify the appropriate congressional committees regarding 

the proposed regulations and the provisions of this Act and the 

amendments made by this Act that the regulations are implementing. 

(c) APPROPRIATE CONGRESSIONAL COMMITTEES DEFINED.—In 

this section, the term ‘‘appropriate congressional committees’’ 

means— 

(1) the Committee on Foreign Affairs and the Committee 

on Financial Services of the House of Representatives; and 

(2) the Committee on Foreign Relations and the Committee 

on Banking, Housing, and Urban Affairs of the Senate. 

SEC. 302. IMPLEMENTATION; PENALTIES; JUDICIAL REVIEW; EXEMPTIONS; RULE OF CONSTRUCTION; EXCEPTION RELATING 

TO IMPORTATION OF GOODS. 

(a) IN GENERAL.—Title I of the Hizballah International 

Financing Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 

1701 note), as amended by sections 103 and 104 of this Act, is 

further amended by adding at the end the following: 

‘‘SEC. 105. IMPLEMENTATION; PENALTIES; JUDICIAL REVIEW; EXEMPTIONS; RULE OF CONSTRUCTION. 

‘‘(a) IMPLEMENTATION.—The President may exercise all authorities provided under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry 

out sections 101, 102, 103, and 201 of this Act. 

‘‘(b) PENALTIES.—The penalties provided for in subsections (b) 

and (c) of section 206 of the International Emergency Economic 

Powers Act (50 U.S.C. 1705) shall apply to a person that violates, 

attempts to violate, conspires to violate, or causes a violation of 
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regulations prescribed to carry out section 101, 102, 103, or 201 

of this Act to the same extent that such penalties apply to a 

person that commits an unlawful act described in subsection (a) 

of such section 206. 

‘‘(c) PROCEDURES FOR JUDICIAL REVIEW OF CLASSIFIED INFORMATION.— 

‘‘(1) IN GENERAL.—If a finding under section 101, 102, 

103, or 201 of this Act, or a prohibition, condition, or penalty 

imposed as a result of any such finding, is based on classified 

information (as defined in section 1(a) of the Classified Information Procedures Act (18 U.S.C. App.)) and a court reviews 

the finding or the imposition of the prohibition, condition, or 

penalty, the President may submit such information to the 

court ex parte and in camera. 

‘‘(2) RULE OF CONSTRUCTION.—Nothing in this subsection 

shall be construed to confer or imply any right to judicial 

review of any finding under section 101, 102, 103, or 201 

of this Act, or any prohibition, condition, or penalty imposed 

as a result of any such finding. 

‘‘(d) EXEMPTIONS.—The following activities shall be exempt from 

sections 101, 102, 103, and 201 of this Act: 

‘‘(1) Any authorized intelligence, law enforcement, or 

national security activities of the United States. 

‘‘(2) Any transaction necessary to comply with United 

States obligations under the Agreement between the United 

Nations and the United States of America regarding the Headquarters of the United States, signed at Lake Success June 

26, 1947, and entered into force November 21, 1947, or the 

Convention on Consular Relations, done at Vienna April 24, 

1963, and entered into force March 19, 1967, or any other 

United States international agreement. 

‘‘(e) RULE OF CONSTRUCTION.—Nothing in section 101, 102, 

103, or 201 of this Act shall be construed to limit the authority 

of the President under the International Emergency Economic 

Powers Act (50 U.S.C. 1701 et seq.) or under any other provision 

of law. 

‘‘(f) EXCEPTION RELATING TO IMPORTATION OF GOODS.— 

‘‘(1) IN GENERAL.—The authorities and requirements to 

impose sanctions under this Act shall not include the authority 

or requirement to impose sanctions on the importation of goods. 

‘‘(2) DEFINITION.—In this subsection, the term ‘good’ means 

any article, natural or manmade substance, material, supply 

or manufactured product, including inspection and test equipment, and excluding technical data.’’. 

(b) CLERICAL AMENDMENT.—The table of contents for the 

Hizballah International Financing Prevention Act of 2015, as 

amended by this Act, is further amended by inserting after the 

item relating to section 104, as added by section 104(b) of this 

Act, the following new item: 

‘‘Sec. 105. Implementation; penalties; judicial review; exemptions; rule of construction.’’. 

(c) CONFORMING AMENDMENTS.—Section 102 of the Hizballah 

International Financing Prevention Act of 2015 (Public Law 114– 

102; 50 U.S.C. 1701 note) is amended— 

(1) in subsection (a), by striking paragraphs (3) and (4); 

(2) by striking subsection (e); and 
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(3) by redesignating subsection (f) as subsection (e). 

SEC. 303. REPORT CONSOLIDATION AND MODIFICATION. 

(a) IN GENERAL.—Any and all reports required to be submitted 

to Congress under this Act or the Hizballah International Financing 

Prevention Act of 2015 (Public Law 114–102; 50 U.S.C. 1701 note) 

that are subject to a deadline for submission consisting of the 

same unit of time may be consolidated into a single report that 

is submitted to Congress pursuant to such deadline. 

(b) MATTERS TO BE INCLUDED.—Any report that is consolidated 

into a single report as described in subsection (a) shall contain 

all information required under this Act or the Hizballah International Financing Prevention Act of 2015 in addition to all other 

elements required by previous law. 

(c) REPORTS MODIFICATION.—The North Korea Sanctions and 

Policy Enhancement Act of 2016 is amended as follows: 

(1) In section 209(a)(3)(A) (22 U.S.C. 9229(a)(3)(A)), by 

striking ‘‘not later than 90 days after the date of the enactment 

of this Act, and every 180 days thereafter’’ and inserting ‘‘not 

later than 90 days after the date of the enactment of the 

Hizballah International Financing Prevention Amendments Act 

of 2018, and every 180 days thereafter for 5 years’’. 

(2) In section 302(a) (22 U.S.C. 9241(a)), by striking ‘‘Not 

later than 180 days after the date of the enactment of this 

Act’’ and inserting ‘‘Not later than 120 days after the date 

of the enactment of the Hizballah International Financing 

Prevention Amendments Act of 2018, and periodically thereafter’’. 

Speaker of the House of Representatives. 

Vice President of the United States and

President of the Senate.