Hizballah International Financing Prevention Act of 2015

Bill: 114-hr-2297
Sponsor: Rep. Royce, Edward R. [R-CA-39]
Introduced: 2015-05-13 in the House
Policy area: International Affairs
Subjects: Arab-Israeli relations
Bank accounts, deposits, capital
Banking and financial institutions regulation
Congressional oversight
Diplomacy, foreign officials, Americans abroad
Drug trafficking and controlled substances
Financial services and investments
Foreign and international banking
Foreign property
Fraud offenses and financial crimes
International exchange and broadcasting
International monetary system and foreign exchange
Internet and video services
Internet, web applications, social media
Middle East
Organized crime
Sanctions
Television and film
Terrorism
Trade restrictions
War and emergency powers

Summary:
action_date: 2015-05-13
text: 

Hezbollah International Financing Prevention Act of 2015 

 
Directs the Secretary of State to report to Congress annually identifying: (1) satellite, broadcast, Internet, or other providers that knowingly transmit the content of al-Manar TV and its affiliates; and (2) the identity of those providers that have or have not been sanctioned pursuant to Executive Order 13224. 
 
Directs the Secretary of the Treasury (Secretary) to 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 knowingly: 
 
 
facilitates a transaction or transactions for Hezbollah, or for a person acting on behalf of, or owned or controlled by Hezbollah; 
 
engages in money laundering to carry out such an activity; 
 
facilitates a significant transaction or provides significant financial services to carry out such an activity; or 
 
facilitates any of these activities, conspires to facilitate or participate in such an activity, or is owned or controlled by a foreign financial institution that knowingly engages in such an activity.
 
 
Applies specified penalties under the International Emergency Economic Powers Act for violations of this Act.
 
Authorizes the Secretary to waive the application of a prohibition for up to 180 days (with renewable 180-day waivers) if in U.S. national security interests, and with congressional notification.
 
Directs the Secretary to identify to Congress every 180 days each foreign central bank that carries out a prohibited activity.
 
Exempts from sanctions a foreign financial institution that is no longer engaging in a prohibited activity or is taking significant steps toward terminating such activity. 
 
Expresses the sense of Congress that: (1) Hezbollah meets the criteria for designation as a significant transnational criminal organization, and (2) the President should designate Hezbollah as a significant transnational criminal organization.
 
Directs the Secretary of State to report to Congress regarding actions taken through the Department's rewards program to obtain information on Hezbollah's fund raising, financing, and money laundering activities.
 
Directs the President to report to Congress regarding: 
 
 
countries that support Hezbollah, in which Hezbollah maintains important portions of its global logistics networks, or in which Hezbollah conducts significant fund raising, financing, or money laundering activities; 
 
an assessment of whether a country is taking adequate measures to disrupt Hezbollah's networks and activities within that country; and 
 
whether Hezbollah meets the criteria for designation as a significant foreign narcotics trafficker, and as a significant transnational criminal organization.
 
 
Declares that nothing in this Act shall apply to authorized U.S. intelligence activities.

action_date: 2015-05-14
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

Hezbollah International Financing Prevention Act of 2015 

 
(Sec. 2) This bill states that it shall be U.S. policy to: (1) prevent Hezbollah's global logistics and financial network from operating in order to curtail funding of its domestic and international activities; and (2) utilize diplomatic, legislative, and executive avenues to combat Hezbollah's criminal activities in order to block that organization's ability to fund its global terrorist activities.
 TITLE I--PREVENTION OF ACCESS BY HEZBOLLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS 
(Sec. 101) The Department of State shall report to Congress annually identifying: (1) satellite, broadcast, Internet, or other providers that knowingly provide material support to al-Manar TV and its affiliates; and (2) the identity of those providers that have or have not been sanctioned pursuant to Executive Order 13224. 
 
(Sec. 102) The Department of the Treasury 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 knowingly: 
 
 
facilitates a transaction or transactions for Hezbollah, or for a person acting on behalf of, or owned or controlled by Hezbollah; 
 
engages in money laundering to carry out such an activity; 
 
facilitates a significant transaction or provides significant financial services to carry out such an activity; or 
 
facilitates any of these activities, conspires to facilitate or participate in such an activity, or is owned or controlled by a foreign financial institution that knowingly engages in such an activity.
 
 
Specified penalties under the International Emergency Economic Powers Act are applied to violations of this Act.
 
Treasury shall waive the application of a prohibition for up to 180 days (with renewable 180-day waivers) if in U.S. national security interests, and with congressional notification.
 
 Treasury shall identify to Congress every 180 days each foreign central bank that carries out a prohibited activity.
 
A foreign financial institution that is no longer engaging in a prohibited activity or is taking significant steps toward terminating such activity is exempted from sanctions. 
 TITLE II--REPORTS ON DESIGNATION OF Hezbollah AS A SIGNIFICANT FOREIGN NARCOTICS TRAFFICKER AND A SIGNIFICANT TRANSNATIONAL CRIMINAL ORGANIZATION 
(Sec. 201) The President shall report to Congress on whether Hezbollah meets the criteria for designation as a significant foreign narcotics trafficker, and if the President determines that Hezbollah does not meet such criteria, a detailed justification as to which criteria have not been met.
 
(Sec. 202) It is the sense of Congress that: (1) Hezbollah meets the criteria for designation as a significant transnational criminal organization under Executive Order No. 13581, and (2) the President should designate Hezbollah as a significant transnational criminal organization.
 
The President shall report to Congress on whether Hezbollah meets or does not meet the criteria for such designation. 
 
(Sec. 203) The State Department shall report to Congress regarding actions taken through the Department's rewards program to obtain information on Hezbollah's fund raising, financing, and money laundering activities.
 
(Sec. 204) The President shall report to Congress regarding: 
 
 
countries that support Hezbollah, in which Hezbollah maintains important portions of its global logistics networks, or in which Hezbollah conducts significant fund raising, financing, or money laundering activities; 
 
an assessment of whether a country is taking adequate measures to disrupt Hezbollah's networks and activities within that country; and 
 
methods that Hezbollah, or any of its agents or affiliates, utilizes to raise or transfer funds, including trade-based money laundering, the use of foreign exchange houses, and free-trade zones.
 
 
 The State Department, Treasury, and other applicable federal departments and agencies shall brief Congress every 180 days on the disposition of Hezbollah's assets and activities related to fund raising, financing, and money laundering assets and activities. 
 TITLE III--MISCELLANEOUS PROVISIONS 
(Sec. 301) Nothing in this Act shall apply to authorized U.S. intelligence activities. 
 
(Sec. 302) The President shall promulgate implementing regulations. 
 
(Sec. 303) This Act shall cease to be in effect 30 days after the President certifies to Congress that Hezbollah: 
 
 
is no longer designated as a foreign terrorist organization; 
 
is no longer listed in the Annex to Executive Order 13224 (blocking property and prohibiting transactions with persons who commit or support terrorism); and 
 
poses no significant threat to U.S. national security, interests, or allies.
 

action_date: 2015-11-17
text: 

Hizballah International Financing Prevention Act of 2015

 
(Sec. 2) This bill states that it shall be U.S. policy to: (1) prevent Hizballah's global logistics and financial network from operating in order to curtail funding of its domestic and international activities; and (2) utilize diplomatic, legislative, and executive avenues to combat Hizballah's criminal activities in order to block that organization's ability to fund its global terrorist activities.
 TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS 
(Sec. 101) The President shall report to Congress on: (1) satellite, broadcast, Internet, or other providers that have knowingly entered into a contractual relationship with al-Manar TV and its affiliates; and (2) the identity of those providers that have or have not been sanctioned pursuant to Executive Order 13224 (relating to blocking property and prohibiting transactions with persons who commit or support terrorism). 
 
(Sec. 102) The President 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 knowingly: 
 
 
facilitates a transaction or transactions for Hizballah;
 
 facilitates a significant transaction or transactions of a person on specified lists of specially designated nationals and blocked persons, property, and property interests for acting on behalf of or at the direction of, or being owned or controlled by, Hizballah;
 
engages in money laundering to carry out such an activity; or
 
facilitates a significant transaction or provides significant financial services to carry out such an activity.
 
 
Specified penalties under the International Emergency Economic Powers Act shall apply to violations of this Act.
 
 Procedures for judicial review of classified information are set forth.
 
The President may waive the application of a prohibition for up to 180 days (renewable for additional 180-day periods) if in U.S. national security interests, and with congressional notification.
 
 The President shall not be required to apply sanctions to a foreign financial institution if the President certifies to Congress that:
 
 
 such institution is no longer, or is taking significant steps towards no longer, engaging in the prohibited activity; and 
 
 the President has received reliable assurances from the government with primary jurisdiction over the institution that the institution will not engage in such activity.
 
 
 Treasury shall identify to Congress every 180 days each foreign central bank that carries out a prohibited activity, together with a detailed description of each such activity.
 
TITLE II--REPORTS AND BRIEFINGS ON NARCOTICS TRAFFICKING AND SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH 
 
(Sec. 201) The President shall report to Congress on Hizballah's narcotics trafficking worldwide.
 
The President shall, within 30 days of submitting such report, brief Congress on: (1) the report, (2) procedures for designating Hizballah as a significant foreign narcotics trafficker, and (3) government-wide efforts to combat Hizballah's narcotics trafficking. 
 
(Sec. 202) The President shall report to Congress on Hizballah's transnational criminal activities, including human trafficking. 
 
 The President shall, within 30 days of submitting such report, brief Congress on: (1) the report, (2) procedures for designating Hizballah as a significant transnational criminal organization, and (3) government-wide efforts to combat Hizballah's criminal activities. 
 
(Sec. 203) The Department of State shall report, and provide an annual briefing, to Congress regarding actions taken through the Department's rewards program to obtain information on Hizballah's fundraising, financing, and money laundering activities.
 
(Sec. 204) The President shall report to Congress regarding: 
 
 
countries that support Hizballah, countries in which Hizballah maintains important portions of its global logistics networks, or in which Hizballah conducts significant fundraising, financing, or money laundering activities; 
 
an assessment of whether a country's government is taking adequate measures to disrupt Hizballah's networks and activities within that country, and if not, the reasons it is not taking such measures and a description of U.S. measures to encourage the improvement of such measures; and 
 
methods that Hizballah, or any of its agents or affiliates, utilizes to raise or transfer funds, including trade-based money laundering, the use of foreign exchange houses, and free-trade zones.
 
 
 The State Department, Treasury, and other applicable federal departments and agencies shall brief Congress every 180 days on the disposition of Hizballah's assets and activities related to fundraising, financing, and money laundering.
 TITLE III--MISCELLANEOUS PROVISIONS
(Sec. 301) Nothing in this Act shall apply to authorized U.S. intelligence activities. 
 
(Sec. 302) The President shall promulgate implementing regulations. 
 
(Sec. 303) This Act shall cease to be in effect 30 days after the President certifies to Congress that Hizballah: 
 
 
is no longer designated as a foreign terrorist organization; and 
 
is no longer listed in the Annex to Executive Order 13224. 


action_date: 2015-12-18
text: 
(This measure has not been amended since it was passed by the Senate on December 16, 2015. The summary of that version is repeated here.)
 

Hizballah International Financing Prevention Act of 2015

 
(Sec. 2) This bill states that it shall be U.S. policy to: (1) prevent Hizballah's global logistics and financial network from operating in order to curtail funding of its domestic and international activities; and (2) utilize diplomatic, legislative, and executive avenues to combat Hizballah's criminal activities in order to block that organization's ability to fund its global terrorist activities.
 TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS 
(Sec. 101) The President shall report to Congress on: (1) satellite, broadcast, Internet, or other providers that have knowingly entered into a contractual relationship with al-Manar TV and its affiliates; and (2) the identity of those providers that have or have not been sanctioned pursuant to Executive Order 13224 (relating to blocking property and prohibiting transactions with persons who commit or support terrorism). 
 
(Sec. 102) The President 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 knowingly: 
 
 
facilitates a transaction or transactions for Hizballah;
 
 facilitates a significant transaction or transactions of a person on specified lists of specially designated nationals and blocked persons, property, and property interests for acting on behalf of or at the direction of, or being owned or controlled by, Hizballah;
 
engages in money laundering to carry out such an activity; or
 
facilitates a significant transaction or provides significant financial services to carry out such an activity.
 
 
Specified penalties under the International Emergency Economic Powers Act shall apply to violations of this Act.
 
 Procedures for judicial review of classified information are set forth.
 
The President may waive the application of a prohibition for up to 180 days (renewable for additional 180-day periods) if in U.S. national security interests, and with congressional notification.
 
 The President shall not be required to apply sanctions to a foreign financial institution if the President certifies to Congress that:
 
 
 such institution is no longer, or is taking significant steps towards no longer, engaging in the prohibited activity; and 
 
 the President has received reliable assurances from the government with primary jurisdiction over the institution that the institution will not engage in such activity.
 
 
 Treasury shall identify to Congress every 180 days each foreign central bank that carries out a prohibited activity, together with a detailed description of each such activity.
 
TITLE II--REPORTS AND BRIEFINGS ON NARCOTICS TRAFFICKING AND SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH 
 
(Sec. 201) The President shall report to Congress on Hizballah's narcotics trafficking worldwide.
 
The President shall, within 30 days of submitting such report, brief Congress on: (1) the report, (2) procedures for designating Hizballah as a significant foreign narcotics trafficker, and (3) government-wide efforts to combat Hizballah's narcotics trafficking. 
 
(Sec. 202) The President shall report to Congress on Hizballah's transnational criminal activities, including human trafficking. 
 
 The President shall, within 30 days of submitting such report, brief Congress on: (1) the report, (2) procedures for designating Hizballah as a significant transnational criminal organization, and (3) government-wide efforts to combat Hizballah's criminal activities. 
 
(Sec. 203) The Department of State shall report, and provide an annual briefing, to Congress regarding actions taken through the Department's rewards program to obtain information on Hizballah's fundraising, financing, and money laundering activities.
 
(Sec. 204) The President shall report to Congress regarding: 
 
 
countries that support Hizballah, countries in which Hizballah maintains important portions of its global logistics networks, or in which Hizballah conducts significant fundraising, financing, or money laundering activities; 
 
an assessment of whether a country's government is taking adequate measures to disrupt Hizballah's networks and activities within that country, and if not, the reasons it is not taking such measures and a description of U.S. measures to encourage the improvement of such measures; and 
 
methods that Hizballah, or any of its agents or affiliates, utilizes to raise or transfer funds, including trade-based money laundering, the use of foreign exchange houses, and free-trade zones.
 
 
 The State Department, Treasury, and other applicable federal departments and agencies shall brief Congress every 180 days on the disposition of Hizballah's assets and activities related to fundraising, financing, and money laundering.
 TITLE III--MISCELLANEOUS PROVISIONS
(Sec. 301) Nothing in this Act shall apply to authorized U.S. intelligence activities. 
 
(Sec. 302) The President shall promulgate implementing regulations. 
 
(Sec. 303) This Act shall cease to be in effect 30 days after the President certifies to Congress that Hizballah: 
 
 
is no longer designated as a foreign terrorist organization; and 
 
is no longer listed in the Annex to Executive Order 13224. 



Legislative actions:
action_date: 2015-12-18
text: Became Public Law No: 114-102.
action_date: 2015-12-18
text: Became Public Law No: 114-102.
action_date: 2015-12-18
text: Signed by President.
action_date: 2015-12-18
text: Signed by President.
action_date: 2015-12-18
text: Presented to President.
action_date: 2015-12-18
text: Presented to President.
action_date: 2015-12-16
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2015-12-16
text: On motion that the House suspend the rules and agree to the Senate amendments Agreed to by the Yeas and Nays: (2/3 required): 425 - 0 (Roll no. 698). (text as House agreed to Senate amendment: CR H9341-9343)
action_date: 2015-12-16
text: Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendments Agreed to by the Yeas and Nays: (2/3 required): 425 - 0 (Roll no. 698).(text as House agreed to Senate amendment: CR H9341-9343)
action_date: 2015-12-16
text: Considered as unfinished business. (consideration: CR H9356)
action_date: 2015-12-16
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the chair announced that further proceedings on the motion would be postponed.
action_date: 2015-12-16
text: DEBATE - The House proceeded with forty minutes of debate on the motion to suspend the rules and agree to the Senate amendments to H.R. 2297.
action_date: 2015-12-16
text: Mr. Royce moved that the House suspend the rules and agree to the Senate amendments. (consideration: CR H9341-9346)
action_date: 2015-11-18
text: Message on Senate action sent to the House.
action_date: 2015-11-17
text: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
action_date: 2015-11-17
text: Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
action_date: 2015-11-17
text: Measure laid before Senate by unanimous consent. (consideration: CR S8027)
action_date: 2015-11-17
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S8027)
action_date: 2015-11-17
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S8027)
action_date: 2015-05-18
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2015-05-14
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2015-05-14
text: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 227). (text: CR H2983-2985)
action_date: 2015-05-14
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 423 - 0 (Roll no. 227).(text: CR H2983-2985)
action_date: 2015-05-14
text: Considered as unfinished business. (consideration: CR H2998-2999)
action_date: 2015-05-14
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2015-05-14
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 2297.
action_date: 2015-05-14
text: Considered under suspension of the rules. (consideration: CR H2983-2989)
action_date: 2015-05-14
text: Mr. Royce moved to suspend the rules and pass the bill.
action_date: 2015-05-13
text: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
action_date: 2015-05-13
text: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
action_date: 2015-05-13
text: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.
action_date: 2015-05-13
text: Introduced in House
action_date: 2015-05-13
text: Introduced in House

Enacted as: number: 114-102