IB 

Union Calendar No. 704 

118TH CONGRESS 

2D SESSION H. R. 6322 

[Report No. 118–799, Part I] 

To evaluate and disrupt financing to Hamas, and to amend title 31, United 

States Code, to prohibit the exchange stabilization fund from being 

used to deal in Special Drawing Rights from state sponsors of terrorism, 

and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

NOVEMBER 9, 2023 

Mr. STEIL (for himself and Ms. PETTERSEN) introduced the following bill; 

which was referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently 

determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

DECEMBER 5, 2024 

Reported from the Committee on Financial Services with an amendment 

[Strike out all after the enacting clause and insert the part printed in italic] 

DECEMBER 5, 2024 

Referral to the Committee on Foreign Affairs extended for a period ending 

not later than December 19, 2024 

DECEMBER 12, 2024 

Additional sponsors: Mr. MEUSER, Mr. WILSON of South Carolina, Mr. BARR, 

Mr. SESSIONS, Mr. SHERMAN, Mr. SUOZZI, Mr. MOSKOWITZ and Mr. 

FITZPATRICK

DECEMBER 12, 2024 

Committee on Foreign Affairs discharged; committed to the Committee of the 

Whole House on the State of the Union and ordered to be printed 

[For text of introduced bill, see copy of bill as introduced on November 9, 2023] 


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•HR 6322 RH

A BILL 

To evaluate and disrupt financing to Hamas, and to amend 

title 31, United States Code, to prohibit the exchange 

stabilization fund from being used to deal in Special 

Drawing Rights from state sponsors of terrorism, and 

for other purposes. 


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•HR 6322 RH

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘End Financing for 

5 Hamas and State Sponsors of Terrorism Act’’. 

6 SEC. 2. REPORT ON FINANCING FOR HAMAS. 

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

8 of this Act, the Secretary of the Treasury shall submit to 

9 the Committee on Financial Services of the House of Rep10 resentatives and the Committee on Banking, Housing, and 

11 Urban Affairs of the Senate a report (which shall be in un12 classified form but may include a classified annex) that in13 cludes— 

14 (1) an analysis of the major sources of financing 

15 to Hamas; 

16 (2) a description of United States and multilat17 eral efforts to disrupt illicit financial flows involving 

18 Hamas; 

19 (3) an evaluation of United States efforts to un20 dermine the ability of Hamas to finance armed hos21 tilities against Israel; and 

22 (4) an implementation plan with respect to the 

23 multilateral strategy described in section 3. 


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•HR 6322 RH

1 SEC. 3. MULTILATERAL STRATEGY TO DISRUPT HAMAS FI2 NANCING. 

3 The Secretary of the Treasury, through participation 

4 in the G7, and other appropriate fora, shall develop a strat5 egy in coordination with United States allies and partners 

6 to ensure that Hamas is incapable of financing armed hos7 tilities against Israel. 

8 SEC. 4. PROHIBITION ON USE OF THE EXCHANGE STA9 BILIZATION FUND TO EXCHANGE SPECIAL 

10 DRAWING RIGHTS OF, OR TO BENEFIT, STATE 

11 SPONSORS OF TERRORISM. 

12 Section 5302 of title 31, United States Code, is amend13 ed by adding at the end the following: 

14 ‘‘(e) PROHIBITION ON USE OF FUND TO EXCHANGE

15 SPECIAL DRAWING RIGHTS OF, OR TO BENEFIT, A STATE

16 SPONSOR OF TERRORISM.—The Secretary may not use the 

17 fund to— 

18 ‘‘(1) deal in Special Drawing Rights from any 

19 country determined by the Secretary of State to have 

20 repeatedly provided support for acts of international 

21 terrorism, as designated pursuant to section 1754(c) 

22 of the National Defense Authorization Act for Fiscal 

23 Year 2019, section 40 of the Arms Export Control 

24 Act, or section 620A of the Foreign Assistance Act of 

25 1961; or 


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•HR 6322 RH

1 ‘‘(2) deal in Special Drawing Rights with any 

2 other country in a manner that the Secretary finds 

3 will result in the direct provision of funds to a coun4 try referred to in paragraph (1).’’. 


DMWilson on DSKJM0X7X2PROD with BILLS
Union Calendar No. 704 

118TH CONGRESS 

2D SESSION H. R. 6322 

[Report No. 118–799, Part I] 

A BILL 

To evaluate and disrupt financing to Hamas, and 

poses. state sponsors of terrorism, and for other purused to deal in Special Drawing Rights from hibit the exchange stabilization fund from being to amend title 31, United States Code, to proDECEMBER 12, 2024 

Committee on Foreign Affairs discharged; committed to 

Union and ordered to be printed the Committee of the Whole House on the State of the 


DMWilson on DSKJM0X7X2PROD with BILLS