Hizballah International Financing Prevention Amendments Act of 2017

Bill: 115-hr-3329
Sponsor: Rep. Royce, Edward R. [R-CA-39]
Introduced: 2017-07-20 in the House
Policy area: International Affairs
Subjects: Bank accounts, deposits, capital
Congressional oversight
Drug, alcohol, tobacco use
Foreign and international banking
Foreign property
Fraud offenses and financial crimes
Government information and archives
Intelligence activities, surveillance, classified information
Judicial review and appeals
Middle East
Military assistance, sales, and agreements
Organized crime
Political parties and affiliation
Presidents and presidential powers, Vice Presidents
Sanctions
Smuggling and trafficking
Terrorism
War and emergency powers

Summary:
action_date: 2017-07-20
text: 

Hizballah International Financing Prevention Amendments Act of 2017

 
This bill amends the Hizballah International Financing Prevention Act of 2015 to impose specified sanctions on: (1) foreign persons that knowingly assist in or provide support for fund raising or recruitment activities for Hizballah; (2) agencies of foreign governments that provide Hizballah with financial support, arms, or other assistance (export license requirements are included in addition to sanctions if such government is a state sponsor of terrorism); and (3) Hizballah, including by reason of Hizballah's significant transnational criminal activities. 
 
The bill expresses the sense of Congress that sanctions should be placed on financial institutions that serve Lebanese government officials affiliated with Hizballah.
 
The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 is amended to sanction foreign financial institutions that facilitate efforts by Iran or the Islamic Revolutionary Guard Corps to aid Hizballah.
 
The bill prescribes reporting requirements or reporting modifications with respect to: (1) foreign persons that knowingly assist or provide significant financial, material, or technological support for foreign persons assisting Hizballah; (2) financial institutions that are owned or organized under the laws of state sponsors of terrorism; (3) Hizballah's racketeering activities; (4) combating illicit tobacco trafficking networks used by Hizballah and other foreign terrorist organizations to finance their operations; (5) the estimated net worth of senior Hizballah officials and how these funds were acquired and used; and (6) countries that support Hizballah or in which Hizballah maintains important logistics networks or financial networks and steps such countries are taking to disrupt such networks.


Legislative actions:
action_date: 2017-10-26
text: Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 253.
action_date: 2017-10-25
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2017-10-25
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8184-8188)
action_date: 2017-10-25
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H8184-8188)
action_date: 2017-10-25
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 3329.
action_date: 2017-10-25
text: Considered under suspension of the rules. (consideration: CR H8183-8191)
action_date: 2017-10-25
text: Mr. Royce (CA) moved to suspend the rules and pass the bill, as amended.
action_date: 2017-10-24
text: Placed on the Union Calendar, Calendar No. 268.
action_date: 2017-10-24
text: Committee on the Judiciary discharged.
action_date: 2017-10-24
text: Committee on the Judiciary discharged.
action_date: 2017-10-24
text: Committee on Financial Services discharged.
action_date: 2017-10-24
text: Committee on Financial Services discharged.
action_date: 2017-10-24
text: Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 115-366, Part I.
action_date: 2017-10-24
text: Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 115-366, Part I.
action_date: 2017-09-28
text: Committee Consideration and Mark-up Session Held.
action_date: 2017-09-28
text: Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
action_date: 2017-07-20
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and the Judiciary, 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: 2017-07-20
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and the Judiciary, 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: 2017-07-20
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and the Judiciary, 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: 2017-07-20
text: Introduced in House
action_date: 2017-07-20
text: Introduced in House