I 

118TH CONGRESS 

1ST SESSION H. R. 6322 

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 

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. 

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’’. 


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•HR 6322 IH

1 SEC. 2. REPORT ON HAMAS FINANCING. 

2 Not later than 180 days after the date of the enact3 ment of this Act, the Secretary of the Treasury shall sub4 mit to the Committee on Financial Services of the House 

5 of Representatives and the Committee on Banking, Hous6 ing, and Urban Affairs of the Senate a report (which shall 

7 be in unclassified form but may include a classified annex) 

8 that includes— 

9 (1) an analysis of the major sources of financ10 ing to Hamas; 

11 (2) a description of United States and multilat12 eral efforts to disrupt illicit financial flows involving 

13 Hamas; 

14 (3) an evaluation of United States efforts to 

15 undermine the ability of Hamas to finance armed 

16 hostilities against Israel; and 

17 (4) an implementation plan with respect to the 

18 multilateral strategy described in section 3. 

19 SEC. 3. MULTILATERAL STRATEGY TO DISRUPT HAMAS FI20 NANCING. 

21 The Secretary of the Treasury, through participation 

22 in the G7, and other appropriate fora, shall develop a 

23 strategy in coordination with United States allies and 

24 partners to ensure that Hamas is incapable of financing 

25 armed hostilities against Israel. 


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•HR 6322 IH

1 SEC. 4. PROHIBITION ON USE OF THE EXCHANGE STA2 BILIZATION FUND TO EXCHANGE SPECIAL 

3 DRAWING RIGHTS OF, OR TO BENEFIT, STATE 

4 SPONSORS OF TERRORISM. 

5 Section 5302 of title 31, United States Code, is 

6 amended by adding at the end the following: 

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

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

9 SPONSOR OF TERRORISM.—The Secretary may not use 

10 the fund to— 

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

12 country determined by the Secretary of State to 

13 have repeatedly provided support for acts of inter14 national terrorism, as designated pursuant to section 

15 1754(c) of the National Defense Authorization Act 

16 for Fiscal Year 2019, section 40 of the Arms Export 

17 Control Act, or section 620A of the Foreign Assist18 ance Act of 1961; or 

19 ‘‘(2) engage in a transaction with any other en20 tity that will result in the provision of any asset to 

21 such a country.’’. 

Æ 


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