SECTION 1. SHORT TITLE AND TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Hezbollah International Financing Prevention Act of 
2014’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title and table of contents. 
Sec. 2. Statement of policy. 
TITLE I—PREVENTION OF ACCESS BY HEZBOLLAH TO 
INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS 
Sec. 101. Briefing on imposition of sanctions on certain satellite providers that 
carry al-Manar TV. 
Sec. 102. Sanctions with respect to financial institutions that engage in certain 
transactions. 
TITLE II—REPORTS ON DESIGNATION OF HEZBOLLAH AS A SIG-
NIFICANT FOREIGN NARCOTICS TRAFFICKER AND A SIGNIFI-
CANT TRANSNATIONAL CRIMINAL ORGANIZATION 
Sec. 201. Report on designation of Hezbollah as a significant foreign narcotics 
trafficker. 
Sec. 202. Report on designation of Hezbollah as a significant transnational 
criminal organization. 
Sec. 203. Report on Hezbollah’s involvement in the trade of conflict diamonds. 
Sec. 204. Rewards for justice and Hezbollah’s fundraising, financing, and 
money laundering activities. 
Sec. 205. Report on activities of foreign governments to disrupt global logistics 
networks and fundraising, financing, and money laundering ac-
tivities of Hezbollah. 
Sec. 206. Appropriate congressional committees defined. 
TITLE III—MISCELLANEOUS PROVISIONS 
Sec. 301. Rule of construction. 
Sec. 302. Regulatory authority. 
Sec. 303. Offset. 
Sec. 304. Termination. 
SEC. 2. STATEMENT OF POLICY. 
It shall be the policy of the United States to— 
(1) prevent Hezbollah’s global logistics and fi-
nancial network from operating in order to curtail
funding of its domestic and international activities; 
and 
(2) utilize all available diplomatic, legislative, 
and executive avenues to combat the global criminal 
activities of Hezbollah as a means to block that or-
ganization’s ability to fund its global terrorist activi-
ties. 
TITLE I—PREVENTION OF AC-
CESS 
BY 
HEZBOLLAH 
TO 
INTERNATIONAL 
FINANCIAL 
AND OTHER INSTITUTIONS 
SEC. 101. BRIEFING ON IMPOSITION OF SANCTIONS ON 
CERTAIN 
SATELLITE 
PROVIDERS 
THAT 
CARRY AL-MANAR TV. 
Not later than 30 days after the date of the enact-
ment of this Act, and annually thereafter, the Secretary 
of State shall provide to the Committee on Foreign Affairs 
of the House of Representatives and the Committee on 
Foreign Relations of the Senate a briefing on the fol-
lowing: 
(1) The activities of all satellite, broadcast, 
Internet, or other providers that knowingly provide 
material support to al-Manar TV, and any affiliates 
or successors thereof.
(2) With respect to all providers described in 
paragraph (1)— 
(A) an identification of those providers 
that have been sanctioned pursuant to Execu-
tive Order No. 13224 (September 23, 2001); 
and 
(B) an identification of those providers 
that have not been sanctioned pursuant to Ex-
ecutive Order No. 13224 and, with respect to 
each such provider, the reason why sanctions 
have not been imposed. 
SEC. 102. SANCTIONS WITH RESPECT TO FINANCIAL INSTI-
TUTIONS THAT ENGAGE IN CERTAIN TRANS-
ACTIONS. 
(a) PROHIBITIONS AND CONDITIONS WITH RESPECT 
TO CERTAIN ACCOUNTS HELD BY FOREIGN FINANCIAL 
INSTITUTIONS.— 
(1) IN
GENERAL.—Not later than 120 days 
after the date of the enactment of this Act, the Sec-
retary of the Treasury, with the concurrence of the 
Secretary of State and in consultation with the 
heads of other applicable departments and agencies, 
shall prohibit, or impose strict conditions on, the 
opening or maintaining in the United States of a 
correspondent account or a payable-through account
by a foreign financial institution that the Secretary 
determines, on or after the date of the enactment of 
this Act, engages in an activity described in para-
graph (2). 
(2) ACTIVITIES DESCRIBED.—A foreign finan-
cial institution engages in an activity described in 
this paragraph if the foreign financial institution— 
(A) knowingly facilitates a significant 
transaction or transactions for Hezbollah; 
(B) knowingly facilitates a significant 
transaction or transactions of a person des-
ignated for acting on behalf of or at the direc-
tion of, or owned or controlled by, Hezbollah; 
(C) knowingly engages in money laun-
dering to carry out an activity described in sub-
paragraph (A) or (B); 
(D) knowingly facilitates a significant 
transaction or transactions or provides signifi-
cant financial services to carry out an activity 
described in subparagraph (A), (B), or (C), in-
cluding— 
(i) facilitating a significant trans-
action or transactions; or
(ii) providing significant financial 
services that involve a transaction of cov-
ered goods; or 
(E)(i) knowingly facilitates, or participates 
or assists in, an activity described in subpara-
graph (A), (B), (C), or (D), including by acting 
on behalf of, at the direction of, or as an inter-
mediary for, or otherwise assisting, another per-
son with respect to the activity described in any 
such subparagraph; 
(ii) knowingly attempts or conspires to fa-
cilitate or participate in an activity described in 
subparagraph (A), (B), (C), or (D); or 
(iii) is owned or controlled by a foreign fi-
nancial institution that the Secretary finds 
knowingly engages in an activity described in 
subparagraph (A), (B), (C), or (D). 
(3) PENALTIES.—The penalties provided for in 
subsections (b) and (c) of section 206 of the Inter-
national 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 regulations prescribed under paragraph 
(1) of this subsection to the same extent that such
penalties apply to a person that commits an unlaw-
ful act described in section 206(a) of that Act. 
(4) REGULATIONS.—The Secretary of the 
Treasury shall prescribe and implement regulations 
to carry out this subsection. 
(b) WAIVER.— 
(1) IN GENERAL.—The Secretary of the Treas-
ury, with the concurrence of the Secretary of State 
and in consultation with the heads of other applica-
ble departments and agencies, may waive, on a case- 
by-case basis, the application of a prohibition or con-
dition imposed with respect to a foreign financial in-
stitution pursuant to subsection (a) for a period of 
not more than 180 days, and may renew that waiver 
for additional periods of not more than 180 days, on 
and after the date that the Secretary of the Treas-
ury, with the concurrence of the Secretary of 
State— 
(A) determines that such a waiver is in the 
national security interests of the United States; 
and 
(B) submits to the appropriate congres-
sional committees a report describing the rea-
sons for the determination.