Hizballah International Financing Prevention Act of 2015

Bill: 114-hr-2297
Sponsor: full_name: Rep. Royce, Edward R. [R-CA-39]
Introduced: 2015-05-13
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
Latest action: action_date: 2015-12-18
text: Became Public Law No: 114-102.

Summaries:
action_date: 2015-05-13
action_desc: Introduced in House
text: <p><strong>Hezbollah International Financing Prevention Act of 2015 </strong></p> <p>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. </p> <p>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: </p> <ul> <li>facilitates a transaction or transactions for Hezbollah, or for a person acting on behalf of, or owned or controlled by Hezbollah; </li> <li>engages in money laundering to carry out such an activity; </li> <li>facilitates a significant transaction or provides significant financial services to carry out such an activity; or </li> <li>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.</li> </ul> <p>Applies specified penalties under the International Emergency Economic Powers Act for violations of this Act.</p> <p>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.</p> <p>Directs the Secretary to identify to Congress every 180 days each foreign central bank that carries out a prohibited activity.</p> <p>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. </p> <p>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.</p> <p>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.</p> <p>Directs the President to report to Congress regarding: </p> <ul> <li>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; </li> <li>an assessment of whether a country is taking adequate measures to disrupt Hezbollah's networks and activities within that country; and </li> <li>whether Hezbollah meets the criteria for designation as a significant foreign narcotics trafficker, and as a significant transnational criminal organization.</li> </ul> <p>Declares that nothing in this Act shall apply to authorized U.S. intelligence activities.</p>

action_date: 2015-05-14
action_desc: Passed House without amendment
text: <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><strong>Hezbollah International Financing Prevention Act of 2015 </strong></p> <p>(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.</p> TITLE I--PREVENTION OF ACCESS BY HEZBOLLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS <p>(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. </p> <p>(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: </p> <ul> <li>facilitates a transaction or transactions for Hezbollah, or for a person acting on behalf of, or owned or controlled by Hezbollah; </li> <li>engages in money laundering to carry out such an activity; </li> <li>facilitates a significant transaction or provides significant financial services to carry out such an activity; or </li> <li>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.</li> </ul> <p>Specified penalties under the International Emergency Economic Powers Act are applied to violations of this Act.</p> <p>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.</p> <p> Treasury shall identify to Congress every 180 days each foreign central bank that carries out a prohibited activity.</p> <p>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. </p> TITLE II--REPORTS ON DESIGNATION OF Hezbollah AS A SIGNIFICANT FOREIGN NARCOTICS TRAFFICKER AND A SIGNIFICANT TRANSNATIONAL CRIMINAL ORGANIZATION <p>(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.</p> <p>(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.</p> <p>The President shall report to Congress on whether Hezbollah meets or does not meet the criteria for such designation. </p> <p>(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.</p> <p>(Sec. 204) The President shall report to Congress regarding: </p> <ul> <li>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; </li> <li>an assessment of whether a country is taking adequate measures to disrupt Hezbollah's networks and activities within that country; and </li> <li>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.</li> </ul> <p> 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. </p> TITLE III--MISCELLANEOUS PROVISIONS <p>(Sec. 301) Nothing in this Act shall apply to authorized U.S. intelligence activities. </p> <p>(Sec. 302) The President shall promulgate implementing regulations. </p> <p>(Sec. 303) This Act shall cease to be in effect 30 days after the President certifies to Congress that Hezbollah: </p> <ul> <li>is no longer designated as a foreign terrorist organization; </li> <li>is no longer listed in the Annex to Executive Order 13224 (blocking property and prohibiting transactions with persons who commit or support terrorism); and </li> <li>poses no significant threat to U.S. national security, interests, or allies.</li> </ul>

action_date: 2015-11-17
action_desc: Passed Senate amended
text: <p><strong>Hizballah International Financing Prevention Act of 2015</strong></p> <p>(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.</p> TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS <p>(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). </p> <p>(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: </p> <ul> <li>facilitates a transaction or transactions for Hizballah;</li> <li> 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;</li> <li>engages in money laundering to carry out such an activity; or</li> <li>facilitates a significant transaction or provides significant financial services to carry out such an activity.</li> </ul> <p>Specified penalties under the International Emergency Economic Powers Act shall apply to violations of this Act.</p> <p> Procedures for judicial review of classified information are set forth.</p> <p>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.</p> <p> The President shall not be required to apply sanctions to a foreign financial institution if the President certifies to Congress that:</p> <ul> <li> such institution is no longer, or is taking significant steps towards no longer, engaging in the prohibited activity; and </li> <li> the President has received reliable assurances from the government with primary jurisdiction over the institution that the institution will not engage in such activity.</li> </ul> <p> 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.</p> <p>TITLE II--REPORTS AND BRIEFINGS ON NARCOTICS TRAFFICKING AND SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH </p> <p>(Sec. 201) The President shall report to Congress on Hizballah's narcotics trafficking worldwide.</p> <p>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. </p> <p>(Sec. 202) The President shall report to Congress on Hizballah's transnational criminal activities, including human trafficking. </p> <p> 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. </p> <p>(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.</p> <p>(Sec. 204) The President shall report to Congress regarding: </p> <ul> <li>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; </li> <li>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 </li> <li>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.</li> </ul> <p> 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.</p> TITLE III--MISCELLANEOUS PROVISIONS<p>(Sec. 301) Nothing in this Act shall apply to authorized U.S. intelligence activities. </p> <p>(Sec. 302) The President shall promulgate implementing regulations. </p> <p>(Sec. 303) This Act shall cease to be in effect 30 days after the President certifies to Congress that Hizballah: </p> <ul> <li>is no longer designated as a foreign terrorist organization; and </li> <li>is no longer listed in the Annex to Executive Order 13224. </li></ul>

action_date: 2015-12-18
action_desc: Public Law
text: <p>(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.)</p> <p><strong>Hizballah International Financing Prevention Act of 2015</strong></p> <p>(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.</p> TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS <p>(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). </p> <p>(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: </p> <ul> <li>facilitates a transaction or transactions for Hizballah;</li> <li> 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;</li> <li>engages in money laundering to carry out such an activity; or</li> <li>facilitates a significant transaction or provides significant financial services to carry out such an activity.</li> </ul> <p>Specified penalties under the International Emergency Economic Powers Act shall apply to violations of this Act.</p> <p> Procedures for judicial review of classified information are set forth.</p> <p>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.</p> <p> The President shall not be required to apply sanctions to a foreign financial institution if the President certifies to Congress that:</p> <ul> <li> such institution is no longer, or is taking significant steps towards no longer, engaging in the prohibited activity; and </li> <li> the President has received reliable assurances from the government with primary jurisdiction over the institution that the institution will not engage in such activity.</li> </ul> <p> 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.</p> <p>TITLE II--REPORTS AND BRIEFINGS ON NARCOTICS TRAFFICKING AND SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH </p> <p>(Sec. 201) The President shall report to Congress on Hizballah's narcotics trafficking worldwide.</p> <p>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. </p> <p>(Sec. 202) The President shall report to Congress on Hizballah's transnational criminal activities, including human trafficking. </p> <p> 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. </p> <p>(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.</p> <p>(Sec. 204) The President shall report to Congress regarding: </p> <ul> <li>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; </li> <li>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 </li> <li>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.</li> </ul> <p> 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.</p> TITLE III--MISCELLANEOUS PROVISIONS<p>(Sec. 301) Nothing in this Act shall apply to authorized U.S. intelligence activities. </p> <p>(Sec. 302) The President shall promulgate implementing regulations. </p> <p>(Sec. 303) This Act shall cease to be in effect 30 days after the President certifies to Congress that Hizballah: </p> <ul> <li>is no longer designated as a foreign terrorist organization; and </li> <li>is no longer listed in the Annex to Executive Order 13224. </li></ul>

tv_txt: I 114th CONGRESS 1st Session H. R. 2297 IN THE HOUSE OF REPRESENTATIVES AN ACT To prevent Hezbollah and associated entities from gaining access to international financial and other institutions, and for other purposes.

1. Short title and table of contents (a) Short title This Act may be cited as the Hezbollah International Financing Prevention Act of 2015 . (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 significant foreign narcotics trafficker and a significant 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. Rewards for Justice and Hezbollah’s fundraising, financing, and money laundering activities. Sec. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hezbollah. Sec. 205. Appropriate congressional committees defined. Title III—Miscellaneous provisions Sec. 301. Rule of construction. Sec. 302. Regulatory authority. Sec. 303. Termination. 2. Statement of policy It shall be the policy of the United States 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 all available diplomatic, legislative, and executive avenues to combat the global criminal activities of Hezbollah as a means to block that organization’s ability to fund its global terrorist activities. I Prevention of access by Hezbollah to international financial and other institutions 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 enactment 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 following: (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 Executive Order No. 13224 (September 23, 2001); and (B) an identification of those providers that have not been sanctioned pursuant to Executive Order No. 13224 and, with respect to each such provider, the reason why sanctions have not been imposed. 102. Sanctions with respect to financial institutions that engage in certain transactions (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 Secretary 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 paragraph (2). (2) Activities described A foreign financial 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 designated for acting on behalf of or at the direction of, or owned or controlled by, Hezbollah; (C) knowingly engages in money laundering to carry out an activity described in subparagraph (A) or (B); (D) knowingly facilitates a significant transaction or transactions or provides significant financial services to carry out an activity described in subparagraph (A), (B), or (C), including— (i) facilitating a significant transaction or transactions; or (ii) providing significant financial services that involve a transaction of covered goods; or (E) (i) knowingly facilitates, or participates or assists in, an activity described in subparagraph (A), (B), (C), or (D), including by acting on behalf of, at the direction of, or as an intermediary for, or otherwise assisting, another person with respect to the activity described in any such subparagraph; (ii) knowingly attempts or conspires to facilitate or participate in an activity described in subparagraph (A), (B), (C), or (D); or (iii) is owned or controlled by a foreign financial 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 International 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 (4) of this subsection to the same extent that such penalties apply to a person that commits an unlawful act described in subsection (a) of such section 206(a). (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 Treasury, with the concurrence of the Secretary of State and in consultation with the heads of other applicable departments and agencies, may waive, on a case-by-case basis, the application of a prohibition or condition imposed with respect to a foreign financial institution pursuant to subsection (a) for a period of not more than 180 days, and may renew such waiver for additional periods of not more than 180 days, on and after the date that the Secretary of the Treasury, 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 congressional committees a report describing the reasons for such determination. (2) Form The report required by paragraph (1)(B) shall be submitted in unclassified form, but may contain a classified annex. (c) Provisions relating to foreign financial institutions (1) Report Not later than 45 days after the date of the enactment of this Act and every 180 days thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees a report that— (A) identifies each foreign central bank that the Secretary determines engages in one or more activities described in subsection (a)(2)(D); and (B) provides a detailed description of each such activity. (2) Special rule to allow for termination of sanctionable activity The Secretary of the Treasury shall not be required to apply sanctions to a foreign financial institution described in subsection (a) if the Secretary, with the concurrence of the Secretary of State and in consultation with the heads of other applicable departments and agencies, certifies in writing to the appropriate congressional committees that— (A) such foreign financial institution— (i) is no longer engaging in the activity described in subsection (a)(2); or (ii) has taken and is continuing to take significant verifiable steps toward terminating the activity described in such subsection; and (B) the Secretary has received reliable assurances from the government with primary jurisdiction over such foreign financial institution that such foreign financial institution will not engage in any activity described in such subsection in the future. (d) Definitions (1) In general In this section: (A) Account; correspondent account; payable-through account The terms account , correspondent account , and payable-through account have the meanings given those terms in section 5318A of title 31, United States Code. (B) Appropriate congressional committees The term appropriate congressional committees means— (i) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (ii) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. (C) Covered goods The term covered goods has the meaning given the term in section 1027.100 of title 31, Code of Federal Regulations. (D) Financial institution The term financial institution means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (K), (M), (N), (P), (R), (T), (Y), or (Z) of section 5312(a)(2) of title 31, United States Code. (E) Foreign financial institution; domestic financial institution (i) Foreign financial institution The term foreign financial institution has the meaning of such term in section 1010.605 of title 31, Code of Federal Regulations, and includes a foreign central bank. (ii) Domestic financial institution The term domestic financial institution has the meaning of such term as determined by the Secretary of the Treasury. (F) Hezbollah The term Hezbollah means— (i) any person— (I) the property of or interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ); and (II) who is identified on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Asset Control of the Department of the Treasury as an agent, instrumentality, or affiliate of Hezbollah; and (ii) the entity designated by the Secretary of State as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ). (G) Money laundering The term money laundering means any of the activities described in paragraph (1), (2), or (3) of section 1956(a) of title 18, United States Code, with respect to which penalties may be imposed pursuant to such section. (2) Other definitions The Secretary of the Treasury may further define the terms used in this section in the regulations prescribed under this section. II Reports on designation of Hezbollah as a significant foreign narcotics trafficker and a significant trans- national criminal organization 201. Report on designation of Hezbollah as a significant foreign narcotics trafficker (a) Report required Not later than 120 days after the date of the enactment of this Act, the President shall transmit to the appropriate congressional committees a detailed report on whether Hezbollah meets the criteria for designation under the Foreign Narcotics Kingpin Designation Act ( 21 U.S.C. 1901 et seq. ) 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. (b) Form The report required by subsection (a) shall be transmitted in unclassified form, but may include a classified annex. 202. Report on designation of Hezbollah as a significant transnational criminal organization (a) Sense of Congress 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 (76 Fed. Reg. 44757); and (2) the President should so designate Hezbollah as a significant transnational criminal organization. (b) Report (1) Report required Not later than 120 days after the date of the enactment of this Act, the President shall transmit to the appropriate committees of Congress a detailed report on whether the Hezbollah meets the criteria for designation as a significant transnational criminal organization under Executive Order No. 13581 (76 Fed. Reg. 44757), and if the President determines that Hezbollah does not meet such criteria, a detailed justification as to which criteria have not been met. (2) Form The report required by paragraph (1) shall be transmitted in unclassified form, but may include a classified annex. 203. Rewards for Justice and Hezbollah’s fundraising, financing, and money laundering activities (a) Report Not later than 90 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate congressional committees a report that details actions taken by the Department of State through the Department of State rewards program under section 36 of the State Department Basic Authorities Act ( 22 U.S.C. 2708 ) to obtain information on fundraising, financing, and money laundering activities of Hezbollah and its agents and affiliates. (b) Briefing Not later than 90 days after the date of the enactment of this Act and annually thereafter, the Secretary of State shall provide a briefing to the appropriate congressional committees on the status of the actions described in subsection (a). (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hezbollah (a) Report (1) In general Not later than 90 days after the date of the enactment of this Act, the President shall transmit to the appropriate congressional committees a report that includes— (A) a list of countries that support Hezbollah, or in which Hezbollah maintains important portions of its global logistics networks; (B) with respect to each country on the list required by subparagraph (A)— (i) an assessment of whether the government of such country is taking adequate measures to disrupt the global logistics networks of Hezbollah within the territory of such country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such networks— (I) an assessment of the reasons such government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage such government to improve measures to disrupt such networks; (C) a list of countries in which Hezbollah, or any of its agents or affiliates, conducts significant fundraising, financing, or money laundering activities; (D) with respect to each country on the list required by subparagraph (C)— (i) an assessment of whether the government of such country is taking adequate measures to disrupt the fundraising, financing, or money laundering activities of Hezbollah and its agents and affiliates within the territory of such country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such activities— (I) an assessment of the reasons such government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage such government to improve measures to disrupt such activities; and (E) a list of 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. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, and may contain a classified annex. (3) Global logistics networks of Hezbollah In this subsection, the term global logistics networks of Hezbollah , global logistics networks , or networks means financial, material, or technological support for, or financial or other services in support of, Hezbollah. (b) Briefing on Hezbollah’s assets and activities related to fundraising, financing, and money laundering worldwide Not later than 90 days after the date of the enactment of this Act and every 180 days thereafter, the Secretary of State, the Secretary of the Treasury, and the heads (or their designees) of other applicable Federal departments and agencies shall provide to the appropriate congressional committees a briefing on the disposition of Hezbollah’s assets and activities related to fundraising, financing, and money laundering worldwide. (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the Select Committee on Intelligence of the Senate. 205. Appropriate congressional committees defined Except as otherwise provided, in this title, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Committee on the Judiciary of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Finance, and the Committee on the Judiciary of the Senate. III Miscellaneous provisions 301. Rule of construction Nothing in this Act or any amendment made by this Act shall apply to the authorized intelligence activities of the United States. 302. Regulatory authority (a) In general The President shall, not later than 90 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this Act and the amendments made by this Act. (b) Notification to Congress Not less than 10 days before the promulgation of regulations under subsection (a), the President shall notify the appropriate congressional committees (as such term is defined in section 203) of the proposed regulations and the provisions of this Act and the amendments made by this Act that the regulations are implementing. 303. Termination This Act shall terminate on the date that is 30 days after the date on which the President certifies to Congress that Hezbollah— (1) is no longer designated as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ); (2) is no longer listed in the Annex to Executive Order No. 13224 (September 23, 2001; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism); and (3) poses no significant threat to United States national security, interests, or allies.

Passed the House of Representatives May 14, 2015. Karen L. Haas, Clerk.

tv_txt: I 114th CONGRESS 1st Session H. R. 2297 IN THE HOUSE OF REPRESENTATIVES May 13, 2015 Mr. Royce (for himself, Mr. Engel , Mr. Meadows , Mr. Deutch , and Mr. Zeldin ) introduced the following bill; which was 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 A BILL To prevent Hezbollah and associated entities from gaining access to international financial and other institutions, and for other purposes.

1. Short title and table of contents (a) Short title This Act may be cited as the Hezbollah International Financing Prevention Act of 2015 . (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 significant foreign narcotics trafficker and a significant 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. Rewards for Justice and Hezbollah’s fundraising, financing, and money laundering activities. Sec. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hezbollah. Sec. 205. Appropriate congressional committees defined. Title III—Miscellaneous provisions Sec. 301. Rule of construction. Sec. 302. Regulatory authority. Sec. 303. Termination. 2. Statement of policy It shall be the policy of the United States 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 all available diplomatic, legislative, and executive avenues to combat the global criminal activities of Hezbollah as a means to block that organization’s ability to fund its global terrorist activities. I Prevention of access by Hezbollah to international financial and other institutions 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 enactment 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 following: (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 Executive Order No. 13224 (September 23, 2001); and (B) an identification of those providers that have not been sanctioned pursuant to Executive Order No. 13224 and, with respect to each such provider, the reason why sanctions have not been imposed. 102. Sanctions with respect to financial institutions that engage in certain transactions (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 Secretary 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 paragraph (2). (2) Activities described A foreign financial 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 designated for acting on behalf of or at the direction of, or owned or controlled by, Hezbollah; (C) knowingly engages in money laundering to carry out an activity described in subparagraph (A) or (B); (D) knowingly facilitates a significant transaction or transactions or provides significant financial services to carry out an activity described in subparagraph (A), (B), or (C), including— (i) facilitating a significant transaction or transactions; or (ii) providing significant financial services that involve a transaction of covered goods; or (E) (i) knowingly facilitates, or participates or assists in, an activity described in subparagraph (A), (B), (C), or (D), including by acting on behalf of, at the direction of, or as an intermediary for, or otherwise assisting, another person with respect to the activity described in any such subparagraph; (ii) knowingly attempts or conspires to facilitate or participate in an activity described in subparagraph (A), (B), (C), or (D); or (iii) is owned or controlled by a foreign financial 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 International 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 (4) of this subsection to the same extent that such penalties apply to a person that commits an unlawful act described in subsection (a) of such section 206(a). (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 Treasury, with the concurrence of the Secretary of State and in consultation with the heads of other applicable departments and agencies, may waive, on a case-by-case basis, the application of a prohibition or condition imposed with respect to a foreign financial institution pursuant to subsection (a) for a period of not more than 180 days, and may renew such waiver for additional periods of not more than 180 days, on and after the date that the Secretary of the Treasury, 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 congressional committees a report describing the reasons for such determination. (2) Form The report required by paragraph (1)(B) shall be submitted in unclassified form, but may contain a classified annex. (c) Provisions relating to foreign financial institutions (1) Report Not later than 45 days after the date of the enactment of this Act and every 180 days thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees a report that— (A) identifies each foreign central bank that the Secretary determines engages in one or more activities described in subsection (a)(2)(D); and (B) provides a detailed description of each such activity. (2) Special rule to allow for termination of sanctionable activity The Secretary of the Treasury shall not be required to apply sanctions to a foreign financial institution described in subsection (a) if the Secretary, with the concurrence of the Secretary of State and in consultation with the heads of other applicable departments and agencies, certifies in writing to the appropriate congressional committees that— (A) such foreign financial institution— (i) is no longer engaging in the activity described in subsection (a)(2); or (ii) has taken and is continuing to take significant verifiable steps toward terminating the activity described in such subsection; and (B) the Secretary has received reliable assurances from the government with primary jurisdiction over such foreign financial institution that such foreign financial institution will not engage in any activity described in such subsection in the future. (d) Definitions (1) In general In this section: (A) Account; correspondent account; payable-through account The terms account , correspondent account , and payable-through account have the meanings given those terms in section 5318A of title 31, United States Code. (B) Appropriate congressional committees The term appropriate congressional committees means— (i) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (ii) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. (C) Covered goods The term covered goods has the meaning given the term in section 1027.100 of title 31, Code of Federal Regulations. (D) Financial institution The term financial institution means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (K), (M), (N), (P), (R), (T), (Y), or (Z) of section 5312(a)(2) of title 31, United States Code. (E) Foreign financial institution; domestic financial institution (i) Foreign financial institution The term foreign financial institution has the meaning of such term in section 1010.605 of title 31, Code of Federal Regulations, and includes a foreign central bank. (ii) Domestic financial institution The term domestic financial institution has the meaning of such term as determined by the Secretary of the Treasury. (F) Hezbollah The term Hezbollah means— (i) any person— (I) the property of or interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ); and (II) who is identified on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Asset Control of the Department of the Treasury as an agent, instrumentality, or affiliate of Hezbollah; and (ii) the entity designated by the Secretary of State as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ). (G) Money laundering The term money laundering means any of the activities described in paragraph (1), (2), or (3) of section 1956(a) of title 18, United States Code, with respect to which penalties may be imposed pursuant to such section. (2) Other definitions The Secretary of the Treasury may further define the terms used in this section in the regulations prescribed under this section. II Reports on designation of Hezbollah as a significant foreign narcotics trafficker and a significant transnational criminal organization 201. Report on designation of Hezbollah as a significant foreign narcotics trafficker (a) Report required Not later than 120 days after the date of the enactment of this Act, the President shall transmit to the appropriate congressional committees a detailed report on whether Hezbollah meets the criteria for designation under the Foreign Narcotics Kingpin Designation Act ( 21 U.S.C. 1901 et seq. ) 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. (b) Form The report required by subsection (a) shall be transmitted in unclassified form, but may include a classified annex. 202. Report on designation of Hezbollah as a significant transnational criminal organization (a) Sense of Congress 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 (76 Fed. Reg. 44757); and (2) the President should so designate Hezbollah as a significant transnational criminal organization. (b) Report (1) Report required Not later than 120 days after the date of the enactment of this Act, the President shall transmit to the appropriate committees of Congress a detailed report on whether the Hezbollah meets the criteria for designation as a significant transnational criminal organization under Executive Order No. 13581 (76 Fed. Reg. 44757), and if the President determines that Hezbollah does not meet such criteria, a detailed justification as to which criteria have not been met. (2) Form The report required by paragraph (1) shall be transmitted in unclassified form, but may include a classified annex. 203. Rewards for Justice and Hezbollah’s fundraising, financing, and money laundering activities (a) Report Not later than 90 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate congressional committees a report that details actions taken by the Department of State through the Department of State rewards program under section 36 of the State Department Basic Authorities Act ( 22 U.S.C. 2708 ) to obtain information on fundraising, financing, and money laundering activities of Hezbollah and its agents and affiliates. (b) Briefing Not later than 90 days after the date of the enactment of this Act and annually thereafter, the Secretary of State shall provide a briefing to the appropriate congressional committees on the status of the actions described in subsection (a). (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hezbollah (a) Report (1) In general Not later than 90 days after the date of the enactment of this Act, the President shall transmit to the appropriate congressional committees a report that includes— (A) a list of countries that support Hezbollah, or in which Hezbollah maintains important portions of its global logistics networks; (B) with respect to each country on the list required by subparagraph (A)— (i) an assessment of whether the government of such country is taking adequate measures to disrupt the global logistics networks of Hezbollah within the territory of such country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such networks— (I) an assessment of the reasons such government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage such government to improve measures to disrupt such networks; (C) a list of countries in which Hezbollah, or any of its agents or affiliates, conducts significant fundraising, financing, or money laundering activities; (D) with respect to each country on the list required by subparagraph (C)— (i) an assessment of whether the government of such country is taking adequate measures to disrupt the fundraising, financing, or money laundering activities of Hezbollah and its agents and affiliates within the territory of such country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such activities— (I) an assessment of the reasons such government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage such government to improve measures to disrupt such activities; and (E) a list of 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. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, and may contain a classified annex. (3) Global logistics networks of Hezbollah In this subsection, the term global logistics networks of Hezbollah , global logistics networks , or networks means financial, material, or technological support for, or financial or other services in support of, Hezbollah. (b) Briefing on Hezbollah’s assets and activities related to fundraising, financing, and money laundering worldwide Not later than 90 days after the date of the enactment of this Act and every 180 days thereafter, the Secretary of State, the Secretary of the Treasury, and the heads (or their designees) of other applicable Federal departments and agencies shall provide to the appropriate congressional committees a briefing on the disposition of Hezbollah’s assets and activities related to fundraising, financing, and money laundering worldwide. (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the Select Committee on Intelligence of the Senate. 205. Appropriate congressional committees defined Except as otherwise provided, in this title, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Committee on the Judiciary of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Finance, and the Committee on the Judiciary of the Senate. III Miscellaneous provisions 301. Rule of construction Nothing in this Act or any amendment made by this Act shall apply to the authorized intelligence activities of the United States. 302. Regulatory authority (a) In general The President shall, not later than 90 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this Act and the amendments made by this Act. (b) Notification to Congress Not less than 10 days before the promulgation of regulations under subsection (a), the President shall notify the appropriate congressional committees (as such term is defined in section 203) of the proposed regulations and the provisions of this Act and the amendments made by this Act that the regulations are implementing. 303. Termination This Act shall terminate on the date that is 30 days after the date on which the President certifies to Congress that Hezbollah— (1) is no longer designated as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ); (2) is no longer listed in the Annex to Executive Order No. 13224 (September 23, 2001; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism); and (3) poses no significant threat to United States national security, interests, or allies.

tv_txt: IIB 114th CONGRESS 1st Session H. R. 2297 IN THE SENATE OF THE UNITED STATES May 18, 2015 Received, read twice and referred to the Committee on Banking, Housing, and Urban Affairs AN ACT To prevent Hezbollah and associated entities from gaining access to international financial and other institutions, and for other purposes.

1. Short title and table of contents (a) Short title This Act may be cited as the Hezbollah International Financing Prevention Act of 2015 . (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 significant foreign narcotics trafficker and a significant 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. Rewards for Justice and Hezbollah’s fundraising, financing, and money laundering activities. Sec. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hezbollah. Sec. 205. Appropriate congressional committees defined. Title III—Miscellaneous provisions Sec. 301. Rule of construction. Sec. 302. Regulatory authority. Sec. 303. Termination. 2. Statement of policy It shall be the policy of the United States 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 all available diplomatic, legislative, and executive avenues to combat the global criminal activities of Hezbollah as a means to block that organization’s ability to fund its global terrorist activities. I Prevention of access by Hezbollah to international financial and other institutions 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 enactment 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 following: (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 Executive Order No. 13224 (September 23, 2001); and (B) an identification of those providers that have not been sanctioned pursuant to Executive Order No. 13224 and, with respect to each such provider, the reason why sanctions have not been imposed. 102. Sanctions with respect to financial institutions that engage in certain transactions (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 Secretary 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 paragraph (2). (2) Activities described A foreign financial 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 designated for acting on behalf of or at the direction of, or owned or controlled by, Hezbollah; (C) knowingly engages in money laundering to carry out an activity described in subparagraph (A) or (B); (D) knowingly facilitates a significant transaction or transactions or provides significant financial services to carry out an activity described in subparagraph (A), (B), or (C), including— (i) facilitating a significant transaction or transactions; or (ii) providing significant financial services that involve a transaction of covered goods; or (E) (i) knowingly facilitates, or participates or assists in, an activity described in subparagraph (A), (B), (C), or (D), including by acting on behalf of, at the direction of, or as an intermediary for, or otherwise assisting, another person with respect to the activity described in any such subparagraph; (ii) knowingly attempts or conspires to facilitate or participate in an activity described in subparagraph (A), (B), (C), or (D); or (iii) is owned or controlled by a foreign financial 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 International 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 (4) of this subsection to the same extent that such penalties apply to a person that commits an unlawful act described in subsection (a) of such section 206(a). (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 Treasury, with the concurrence of the Secretary of State and in consultation with the heads of other applicable departments and agencies, may waive, on a case-by-case basis, the application of a prohibition or condition imposed with respect to a foreign financial institution pursuant to subsection (a) for a period of not more than 180 days, and may renew such waiver for additional periods of not more than 180 days, on and after the date that the Secretary of the Treasury, 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 congressional committees a report describing the reasons for such determination. (2) Form The report required by paragraph (1)(B) shall be submitted in unclassified form, but may contain a classified annex. (c) Provisions relating to foreign financial institutions (1) Report Not later than 45 days after the date of the enactment of this Act and every 180 days thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees a report that— (A) identifies each foreign central bank that the Secretary determines engages in one or more activities described in subsection (a)(2)(D); and (B) provides a detailed description of each such activity. (2) Special rule to allow for termination of sanctionable activity The Secretary of the Treasury shall not be required to apply sanctions to a foreign financial institution described in subsection (a) if the Secretary, with the concurrence of the Secretary of State and in consultation with the heads of other applicable departments and agencies, certifies in writing to the appropriate congressional committees that— (A) such foreign financial institution— (i) is no longer engaging in the activity described in subsection (a)(2); or (ii) has taken and is continuing to take significant verifiable steps toward terminating the activity described in such subsection; and (B) the Secretary has received reliable assurances from the government with primary jurisdiction over such foreign financial institution that such foreign financial institution will not engage in any activity described in such subsection in the future. (d) Definitions (1) In general In this section: (A) Account; correspondent account; payable-through account The terms account , correspondent account , and payable-through account have the meanings given those terms in section 5318A of title 31, United States Code. (B) Appropriate congressional committees The term appropriate congressional committees means— (i) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (ii) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. (C) Covered goods The term covered goods has the meaning given the term in section 1027.100 of title 31, Code of Federal Regulations. (D) Financial institution The term financial institution means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (K), (M), (N), (P), (R), (T), (Y), or (Z) of section 5312(a)(2) of title 31, United States Code. (E) Foreign financial institution; domestic financial institution (i) Foreign financial institution The term foreign financial institution has the meaning of such term in section 1010.605 of title 31, Code of Federal Regulations, and includes a foreign central bank. (ii) Domestic financial institution The term domestic financial institution has the meaning of such term as determined by the Secretary of the Treasury. (F) Hezbollah The term Hezbollah means— (i) any person— (I) the property of or interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ); and (II) who is identified on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Asset Control of the Department of the Treasury as an agent, instrumentality, or affiliate of Hezbollah; and (ii) the entity designated by the Secretary of State as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ). (G) Money laundering The term money laundering means any of the activities described in paragraph (1), (2), or (3) of section 1956(a) of title 18, United States Code, with respect to which penalties may be imposed pursuant to such section. (2) Other definitions The Secretary of the Treasury may further define the terms used in this section in the regulations prescribed under this section. II Reports on designation of Hezbollah as a significant foreign narcotics trafficker and a significant trans- national criminal organization 201. Report on designation of Hezbollah as a significant foreign narcotics trafficker (a) Report required Not later than 120 days after the date of the enactment of this Act, the President shall transmit to the appropriate congressional committees a detailed report on whether Hezbollah meets the criteria for designation under the Foreign Narcotics Kingpin Designation Act ( 21 U.S.C. 1901 et seq. ) 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. (b) Form The report required by subsection (a) shall be transmitted in unclassified form, but may include a classified annex. 202. Report on designation of Hezbollah as a significant transnational criminal organization (a) Sense of Congress 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 (76 Fed. Reg. 44757); and (2) the President should so designate Hezbollah as a significant transnational criminal organization. (b) Report (1) Report required Not later than 120 days after the date of the enactment of this Act, the President shall transmit to the appropriate committees of Congress a detailed report on whether the Hezbollah meets the criteria for designation as a significant transnational criminal organization under Executive Order No. 13581 (76 Fed. Reg. 44757), and if the President determines that Hezbollah does not meet such criteria, a detailed justification as to which criteria have not been met. (2) Form The report required by paragraph (1) shall be transmitted in unclassified form, but may include a classified annex. 203. Rewards for Justice and Hezbollah’s fundraising, financing, and money laundering activities (a) Report Not later than 90 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate congressional committees a report that details actions taken by the Department of State through the Department of State rewards program under section 36 of the State Department Basic Authorities Act ( 22 U.S.C. 2708 ) to obtain information on fundraising, financing, and money laundering activities of Hezbollah and its agents and affiliates. (b) Briefing Not later than 90 days after the date of the enactment of this Act and annually thereafter, the Secretary of State shall provide a briefing to the appropriate congressional committees on the status of the actions described in subsection (a). (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hezbollah (a) Report (1) In general Not later than 90 days after the date of the enactment of this Act, the President shall transmit to the appropriate congressional committees a report that includes— (A) a list of countries that support Hezbollah, or in which Hezbollah maintains important portions of its global logistics networks; (B) with respect to each country on the list required by subparagraph (A)— (i) an assessment of whether the government of such country is taking adequate measures to disrupt the global logistics networks of Hezbollah within the territory of such country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such networks— (I) an assessment of the reasons such government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage such government to improve measures to disrupt such networks; (C) a list of countries in which Hezbollah, or any of its agents or affiliates, conducts significant fundraising, financing, or money laundering activities; (D) with respect to each country on the list required by subparagraph (C)— (i) an assessment of whether the government of such country is taking adequate measures to disrupt the fundraising, financing, or money laundering activities of Hezbollah and its agents and affiliates within the territory of such country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such activities— (I) an assessment of the reasons such government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage such government to improve measures to disrupt such activities; and (E) a list of 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. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, and may contain a classified annex. (3) Global logistics networks of Hezbollah In this subsection, the term global logistics networks of Hezbollah , global logistics networks , or networks means financial, material, or technological support for, or financial or other services in support of, Hezbollah. (b) Briefing on Hezbollah’s assets and activities related to fundraising, financing, and money laundering worldwide Not later than 90 days after the date of the enactment of this Act and every 180 days thereafter, the Secretary of State, the Secretary of the Treasury, and the heads (or their designees) of other applicable Federal departments and agencies shall provide to the appropriate congressional committees a briefing on the disposition of Hezbollah’s assets and activities related to fundraising, financing, and money laundering worldwide. (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the Select Committee on Intelligence of the Senate. 205. Appropriate congressional committees defined Except as otherwise provided, in this title, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Committee on the Judiciary of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Finance, and the Committee on the Judiciary of the Senate. III Miscellaneous provisions 301. Rule of construction Nothing in this Act or any amendment made by this Act shall apply to the authorized intelligence activities of the United States. 302. Regulatory authority (a) In general The President shall, not later than 90 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this Act and the amendments made by this Act. (b) Notification to Congress Not less than 10 days before the promulgation of regulations under subsection (a), the President shall notify the appropriate congressional committees (as such term is defined in section 203) of the proposed regulations and the provisions of this Act and the amendments made by this Act that the regulations are implementing. 303. Termination This Act shall terminate on the date that is 30 days after the date on which the President certifies to Congress that Hezbollah— (1) is no longer designated as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ); (2) is no longer listed in the Annex to Executive Order No. 13224 (September 23, 2001; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism); and (3) poses no significant threat to United States national security, interests, or allies.

Passed the House of Representatives May 14, 2015. Karen L. Haas, Clerk Robert F. Reeves, Deputy Clerk.

tv_txt: 114th CONGRESS 1st Session H.R. 2297 In the Senate of the United States, November 17, 2015. Amendments:

That the bill from the House of Representatives (H.R. 2297) entitled An Act to prevent Hezbollah and associated entities from gaining access to international financial and other institutions, and for other purposes. , do pass with the following Strike all after the enacting clause and insert the following: 1. Short title; table of contents (a) Short title This Act may be cited as the Hizballah International Financing Prevention Act of 2015 . (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Statement of policy. TITLE I—Prevention of access by Hizballah to international financial and other institutions Sec. 101. Report 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 and briefings on narcotics trafficking and significant transnational criminal activities of Hizballah Sec. 201. Report and briefing on narcotics trafficking by Hizballah. Sec. 202. Report and briefing on significant transnational criminal activities of Hizballah. Sec. 203. Rewards for Justice and Hizballah’s fundraising, financing, and money laundering activities. Sec. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hizballah. TITLE III—Miscellaneous provisions Sec. 301. Rule of construction. Sec. 302. Regulatory authority. Sec. 303. Termination. 2. Statement of policy It shall be the policy of the United States 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 all available diplomatic, legislative, and executive avenues to combat the global criminal activities of Hizballah as a means to block that organization’s ability to fund its global terrorist activities. I Prevention of access by Hizballah to international financial and other institutions 101. Report on imposition of sanctions on certain satellite providers that carry al-Manar TV (a) In general Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees and leadership a report on the following: (1) The activities of all satellite, broadcast, Internet, or other providers that have knowingly entered into a contractual relationship with 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 Executive Order 13224 ( 50 U.S.C. 1701 note; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism); and (B) an identification of those providers that have not been sanctioned pursuant to Executive Order 13224 and, with respect to each such provider, any information indicating that the provider has knowingly entered into a contractual relationship with al-Manar TV, and any affiliates or successors of al-Manar TV. (b) Form of report The report required by subsection (a) shall be submitted in unclassified form to the greatest extent possible, but may include a classified annex. (c) Appropriate congressional committees and leadership defined In this section, the term appropriate congressional committees and leadership means— (1) the Speaker, the minority leader, the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the majority leader, the minority leader, the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the Select Committee on Intelligence of the Senate. 102. Sanctions with respect to financial institutions that engage in certain transactions (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 President shall prescribe regulations 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 the President determines, on or after such date of enactment, engages in an activity described in paragraph (2). (2) Activities described A foreign financial institution engages in an activity described in this paragraph if the foreign financial institution— (A) knowingly facilitates a significant transaction or transactions for Hizballah; (B) knowingly facilitates a significant transaction or transactions of a person identified on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury and the property and interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ) for acting on behalf of or at the direction of, or being owned or controlled by, Hizballah; (C) knowingly engages in money laundering to carry out an activity described in subparagraph (A) or (B); or (D) knowingly facilitates a significant transaction or transactions or provides significant financial services to carry out an activity described in subparagraph (A), (B), or (C). (3) Penalties The penalties provided for in subsections (b) and (c) of section 206 of the International 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 this subsection to the same extent that such penalties apply to a person that commits an unlawful act described in subsection (a) of such section 206. (4) Procedures for judicial review of classified information (A) In general If a finding under this subsection, or a prohibition, condition, or penalty imposed as a result of any such finding, is based on classified information (as defined in section 1(a) of the Classified Information Procedures Act (18 U.S.C. App.)) and a court reviews the finding or the imposition of the prohibition, condition, or penalty, the President may submit such information to the court ex parte and in camera. (B) Rule of construction Nothing in this paragraph shall be construed to confer or imply any right to judicial review of any finding under this subsection or any prohibition, condition, or penalty imposed as a result of any such finding. (b) Waiver (1) In general The President may waive, on a case-by-case basis, the application of a prohibition or condition imposed with respect to a foreign financial institution pursuant to subsection (a) for a period of not more than 180 days, and may renew the waiver for additional periods of not more than 180 days, on and after the date on which the President— (A) determines that such a waiver is in the national security interests of the United States; and (B) submits to the appropriate congressional committees a report describing the reasons for such determination. (2) Form The report required by paragraph (1)(B) shall be submitted in unclassified form, but may contain a classified annex. (c) Special rule To allow for termination of sanctionable activity The President shall not be required to apply sanctions to a foreign financial institution described in subsection (a) if the President certifies in writing to the appropriate congressional committees that— (1) the foreign financial institution— (A) is no longer engaging in the activity described in subsection (a)(2); or (B) has taken and is continuing to take significant verifiable steps toward terminating the activity described in that subsection; and (2) the President has received reliable assurances from the government with primary jurisdiction over the foreign financial institution that the foreign financial institution will not engage in any activity described in subsection (a)(2) in the future. (d) Report on foreign central banks (1) In general Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees a report that— (A) identifies each foreign central bank that the Secretary determines engages in one or more activities described in subsection (a)(2)(D); and (B) provides a detailed description of each such activity. (2) Form of report Each report required by paragraph (1) shall be submitted in unclassified form, but may include a classified annex. (e) Implementation The President may exercise all authorities provided under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out this section. (f) Definitions (1) In general In this section: (A) Account; correspondent account; payable-through account The terms account , correspondent account , and payable-through account have the meanings given those terms in section 5318A of title 31, United States Code. (B) Appropriate congressional committees The term appropriate congressional committees means— (i) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (ii) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. (C) Financial institution The term financial institution means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (K), (M), (N), (P), (R), (T), (Y), or (Z) of section 5312(a)(2) of title 31, United States Code. (D) Foreign financial institution The term foreign financial institution has the meaning given that term in section 1010.605 of title 31, Code of Federal Regulations. (E) Hizballah The term Hizballah means— (i) the entity known as Hizballah and designated by the Secretary of State as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ); or (ii) any person— (I) the property or interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ); and (II) who is identified on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury as an agent, instrumentality, or affiliate of Hizballah. (F) Money laundering The term money laundering includes the movement of illicit cash or cash equivalent proceeds into, out of, or through a country, or into, out of, or through a financial institution. (2) Other definitions The President may further define the terms used in this section in the regulations prescribed under this section. II Reports and briefings on narcotics trafficking and significant transnational criminal activities of Hizballah 201. Report and briefing on narcotics trafficking by Hizballah (a) Report (1) In general Not later than 120 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees and leadership a report on the activities of Hizballah related to narcotics trafficking worldwide. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, but may include a classified annex. (b) Briefing Not later than 30 days after the submission of the report required by subsection (a), the President shall provide to the appropriate congressional committees and leadership a briefing on— (1) the report; (2) procedures for designating Hizballah as a significant foreign narcotics trafficker under the Foreign Narcotics Kingpin Designation Act ( 21 U.S.C. 1901 et seq. ); and (3) Government-wide efforts to combat the narcotics trafficking activities of Hizballah. (c) Appropriate congressional committees and leadership defined In this section, the term appropriate congressional committees and leadership means— (1) the Speaker, the minority leader, the Committee on Foreign Affairs, the Committee on Financial Services, the Committee on the Judiciary, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the majority leader, the minority leader, the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on the Judiciary, and the Select Committee on Intelligence of the Senate. 202. Report and briefing on significant transnational criminal activities of Hizballah (a) Report (1) In general Not later than 120 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees and leadership a report on the significant transnational criminal activities of Hizballah, including human trafficking. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, but may include a classified annex. (b) Briefing Not later than 30 days after the submission of the report required by subsection (a), the President shall provide to the appropriate congressional committees and leadership a briefing on— (1) the report; (2) procedures for designating Hizballah as a significant transnational criminal organization under Executive Order 13581 (75 Fed. Reg. 44,757); and (3) Government-wide efforts to combat the transnational criminal activities of Hizballah. (c) Appropriate congressional committees and leadership defined In this section, the term appropriate congressional committees and leadership means— (1) the Speaker, the minority leader, the Committee on Foreign Affairs, the Committee on Financial Services, the Committee on the Judiciary, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the majority leader, the minority leader, the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on the Judiciary, and the Select Committee on Intelligence of the Senate. 203. Rewards for Justice and Hizballah’s fundraising, financing, and money laundering activities (a) Report Not later than 90 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate congressional committees a report that details actions taken by the Department of State through the Department of State rewards program under section 36 of the State Department Basic Authorities Act ( 22 U.S.C. 2708 ) to obtain information on fundraising, financing, and money laundering activities of Hizballah and its agents and affiliates. (b) Briefing Not later than 90 days after the date of the enactment of this Act, and annually thereafter, the Secretary of State shall provide a briefing to the appropriate congressional committees on the status of the actions described in subsection (a). (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hizballah (a) Report (1) In general Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a report that includes— (A) a list of countries that support Hizballah or in which Hizballah maintains important portions of its global logistics networks; (B) with respect to each country on the list required by subparagraph (A)— (i) an assessment of whether the government of the country is taking adequate measures to disrupt the global logistics networks of Hizballah within the territory of the country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such networks— (I) an assessment of the reasons that government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage that government to improve measures to disrupt such networks; (C) a list of countries in which Hizballah, or any of its agents or affiliates, conducts significant fundraising, financing, or money laundering activities; (D) with respect to each country on the list required by subparagraph (C)— (i) an assessment of whether the government of the country is taking adequate measures to disrupt the fundraising, financing, or money laundering activities of Hizballah and its agents and affiliates within the territory of the country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such activities— (I) an assessment of the reasons that government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage that government to improve measures to disrupt such activities; and (E) a list of 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. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, and may contain a classified annex. (3) Global logistics networks of Hizballah In this subsection, the term global logistics networks of Hizballah , global logistics networks , or networks means financial, material, or technological support for, or financial or other services in support of, Hizballah. (b) Briefing on Hizballah’s assets and activities related To fundraising, financing, and money laundering worldwide Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter, the Secretary of State, the Secretary of the Treasury, and the heads of other applicable Federal departments and agencies shall provide to the appropriate congressional committees a briefing on the disposition of Hizballah’s assets and activities related to fundraising, financing, and money laundering worldwide. (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the Select Committee on Intelligence of the Senate. III Miscellaneous provisions 301. Rule of construction Nothing in this Act or any amendment made by this Act shall apply to the authorized intelligence activities of the United States. 302. Regulatory authority (a) In general The President shall, not later than 120 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this Act and the amendments made by this Act. (b) Notification to Congress Not less than 10 days before the promulgation of regulations under subsection (a), the President shall notify the appropriate congressional committees of the proposed regulations and the provisions of this Act and the amendments made by this Act that the regulations are implementing. (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. 303. Termination This Act shall terminate on the date that is 30 days after the date on which the President certifies to Congress that Hizballah— (1) is no longer designated as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ); and (2) is no longer designated for the imposition of sanctions pursuant to Executive Order 13224 ( 50 U.S.C. 1701 note; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism).

Amend the title so as to read: An Act to prevent Hizballah and associated entities from gaining access to international financial and other institutions, and for other purposes. .

Secretary

tv_txt: I One Hundred Fourteenth Congress of the United States of America At the First Session Begun and held at the City of Washington on Tuesday, the sixth day of January, two thousand and fifteen H. R. 2297 AN ACT To prevent Hizballah and associated entities from gaining access to international financial and other institutions, and for other purposes.

1. Short title; table of contents (a) Short title This Act may be cited as the Hizballah International Financing Prevention Act of 2015 . (b) Table of contents The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Statement of policy. TITLE I—Prevention of access by Hizballah to international financial and other institutions Sec. 101. Report 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 and briefings on narcotics trafficking and significant transnational criminal activities of Hizballah Sec. 201. Report and briefing on narcotics trafficking by Hizballah. Sec. 202. Report and briefing on significant transnational criminal activities of Hizballah. Sec. 203. Rewards for Justice and Hizballah’s fundraising, financing, and money laundering activities. Sec. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hizballah. TITLE III—Miscellaneous provisions Sec. 301. Rule of construction. Sec. 302. Regulatory authority. Sec. 303. Termination. 2. Statement of policy It shall be the policy of the United States 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 all available diplomatic, legislative, and executive avenues to combat the global criminal activities of Hizballah as a means to block that organization’s ability to fund its global terrorist activities. I Prevention of access by Hizballah to international financial and other institutions 101. Report on imposition of sanctions on certain satellite providers that carry al-Manar TV (a) In general Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees and leadership a report on the following: (1) The activities of all satellite, broadcast, Internet, or other providers that have knowingly entered into a contractual relationship with 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 Executive Order 13224 ( 50 U.S.C. 1701 note; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism); and (B) an identification of those providers that have not been sanctioned pursuant to Executive Order 13224 and, with respect to each such provider, any information indicating that the provider has knowingly entered into a contractual relationship with al-Manar TV, and any affiliates or successors of al-Manar TV. (b) Form of report The report required by subsection (a) shall be submitted in unclassified form to the greatest extent possible, but may include a classified annex. (c) Appropriate congressional committees and leadership defined In this section, the term appropriate congressional committees and leadership means— (1) the Speaker, the minority leader, the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the majority leader, the minority leader, the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the Select Committee on Intelligence of the Senate. 102. Sanctions with respect to financial institutions that engage in certain transactions (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 President shall prescribe regulations 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 the President determines, on or after such date of enactment, engages in an activity described in paragraph (2). (2) Activities described A foreign financial institution engages in an activity described in this paragraph if the foreign financial institution— (A) knowingly facilitates a significant transaction or transactions for Hizballah; (B) knowingly facilitates a significant transaction or transactions of a person identified on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury and the property and interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ) for acting on behalf of or at the direction of, or being owned or controlled by, Hizballah; (C) knowingly engages in money laundering to carry out an activity described in subparagraph (A) or (B); or (D) knowingly facilitates a significant transaction or transactions or provides significant financial services to carry out an activity described in subparagraph (A), (B), or (C). (3) Penalties The penalties provided for in subsections (b) and (c) of section 206 of the International 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 this subsection to the same extent that such penalties apply to a person that commits an unlawful act described in subsection (a) of such section 206. (4) Procedures for judicial review of classified information (A) In general If a finding under this subsection, or a prohibition, condition, or penalty imposed as a result of any such finding, is based on classified information (as defined in section 1(a) of the Classified Information Procedures Act (18 U.S.C. App.)) and a court reviews the finding or the imposition of the prohibition, condition, or penalty, the President may submit such information to the court ex parte and in camera. (B) Rule of construction Nothing in this paragraph shall be construed to confer or imply any right to judicial review of any finding under this subsection or any prohibition, condition, or penalty imposed as a result of any such finding. (b) Waiver (1) In general The President may waive, on a case-by-case basis, the application of a prohibition or condition imposed with respect to a foreign financial institution pursuant to subsection (a) for a period of not more than 180 days, and may renew the waiver for additional periods of not more than 180 days, on and after the date on which the President— (A) determines that such a waiver is in the national security interests of the United States; and (B) submits to the appropriate congressional committees a report describing the reasons for such determination. (2) Form The report required by paragraph (1)(B) shall be submitted in unclassified form, but may contain a classified annex. (c) Special rule To allow for termination of sanctionable activity The President shall not be required to apply sanctions to a foreign financial institution described in subsection (a) if the President certifies in writing to the appropriate congressional committees that— (1) the foreign financial institution— (A) is no longer engaging in the activity described in subsection (a)(2); or (B) has taken and is continuing to take significant verifiable steps toward terminating the activity described in that subsection; and (2) the President has received reliable assurances from the government with primary jurisdiction over the foreign financial institution that the foreign financial institution will not engage in any activity described in subsection (a)(2) in the future. (d) Report on foreign central banks (1) In general Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees a report that— (A) identifies each foreign central bank that the Secretary determines engages in one or more activities described in subsection (a)(2)(D); and (B) provides a detailed description of each such activity. (2) Form of report Each report required by paragraph (1) shall be submitted in unclassified form, but may include a classified annex. (e) Implementation The President may exercise all authorities provided under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out this section. (f) Definitions (1) In general In this section: (A) Account; correspondent account; payable-through account The terms account , correspondent account , and payable-through account have the meanings given those terms in section 5318A of title 31, United States Code. (B) Appropriate congressional committees The term appropriate congressional committees means— (i) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (ii) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. (C) Financial institution The term financial institution means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (K), (M), (N), (P), (R), (T), (Y), or (Z) of section 5312(a)(2) of title 31, United States Code. (D) Foreign financial institution The term foreign financial institution has the meaning given that term in section 1010.605 of title 31, Code of Federal Regulations. (E) Hizballah The term Hizballah means— (i) the entity known as Hizballah and designated by the Secretary of State as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ); or (ii) any person— (I) the property or interests in property of which are blocked pursuant to the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ); and (II) who is identified on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury as an agent, instrumentality, or affiliate of Hizballah. (F) Money laundering The term money laundering includes the movement of illicit cash or cash equivalent proceeds into, out of, or through a country, or into, out of, or through a financial institution. (2) Other definitions The President may further define the terms used in this section in the regulations prescribed under this section. II Reports and briefings on narcotics trafficking and significant transnational criminal activities of Hizballah 201. Report and briefing on narcotics trafficking by Hizballah (a) Report (1) In general Not later than 120 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees and leadership a report on the activities of Hizballah related to narcotics trafficking worldwide. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, but may include a classified annex. (b) Briefing Not later than 30 days after the submission of the report required by subsection (a), the President shall provide to the appropriate congressional committees and leadership a briefing on— (1) the report; (2) procedures for designating Hizballah as a significant foreign narcotics trafficker under the Foreign Narcotics Kingpin Designation Act ( 21 U.S.C. 1901 et seq. ); and (3) Government-wide efforts to combat the narcotics trafficking activities of Hizballah. (c) Appropriate congressional committees and leadership defined In this section, the term appropriate congressional committees and leadership means— (1) the Speaker, the minority leader, the Committee on Foreign Affairs, the Committee on Financial Services, the Committee on the Judiciary, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the majority leader, the minority leader, the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on the Judiciary, and the Select Committee on Intelligence of the Senate. 202. Report and briefing on significant transnational criminal activities of Hizballah (a) Report (1) In general Not later than 120 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees and leadership a report on the significant transnational criminal activities of Hizballah, including human trafficking. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, but may include a classified annex. (b) Briefing Not later than 30 days after the submission of the report required by subsection (a), the President shall provide to the appropriate congressional committees and leadership a briefing on— (1) the report; (2) procedures for designating Hizballah as a significant transnational criminal organization under Executive Order 13581 (75 Fed. Reg. 44,757); and (3) Government-wide efforts to combat the transnational criminal activities of Hizballah. (c) Appropriate congressional committees and leadership defined In this section, the term appropriate congressional committees and leadership means— (1) the Speaker, the minority leader, the Committee on Foreign Affairs, the Committee on Financial Services, the Committee on the Judiciary, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the majority leader, the minority leader, the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on the Judiciary, and the Select Committee on Intelligence of the Senate. 203. Rewards for Justice and Hizballah’s fundraising, financing, and money laundering activities (a) Report Not later than 90 days after the date of the enactment of this Act, the Secretary of State shall submit to the appropriate congressional committees a report that details actions taken by the Department of State through the Department of State rewards program under section 36 of the State Department Basic Authorities Act ( 22 U.S.C. 2708 ) to obtain information on fundraising, financing, and money laundering activities of Hizballah and its agents and affiliates. (b) Briefing Not later than 90 days after the date of the enactment of this Act, and annually thereafter, the Secretary of State shall provide a briefing to the appropriate congressional committees on the status of the actions described in subsection (a). (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. 204. Report on activities of foreign governments to disrupt global logistics networks and fundraising, financing, and money laundering activities of Hizballah (a) Report (1) In general Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a report that includes— (A) a list of countries that support Hizballah or in which Hizballah maintains important portions of its global logistics networks; (B) with respect to each country on the list required by subparagraph (A)— (i) an assessment of whether the government of the country is taking adequate measures to disrupt the global logistics networks of Hizballah within the territory of the country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such networks— (I) an assessment of the reasons that government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage that government to improve measures to disrupt such networks; (C) a list of countries in which Hizballah, or any of its agents or affiliates, conducts significant fundraising, financing, or money laundering activities; (D) with respect to each country on the list required by subparagraph (C)— (i) an assessment of whether the government of the country is taking adequate measures to disrupt the fundraising, financing, or money laundering activities of Hizballah and its agents and affiliates within the territory of the country; and (ii) in the case of a country the government of which is not taking adequate measures to disrupt such activities— (I) an assessment of the reasons that government is not taking such adequate measures; and (II) a description of measures being taken by the United States to encourage that government to improve measures to disrupt such activities; and (E) a list of 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. (2) Form The report required by paragraph (1) shall be submitted in unclassified form to the greatest extent possible, and may contain a classified annex. (3) Global logistics networks of Hizballah In this subsection, the term global logistics networks of Hizballah , global logistics networks , or networks means financial, material, or technological support for, or financial or other services in support of, Hizballah. (b) Briefing on Hizballah’s assets and activities related To fundraising, financing, and money laundering worldwide Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter, the Secretary of State, the Secretary of the Treasury, and the heads of other applicable Federal departments and agencies shall provide to the appropriate congressional committees a briefing on the disposition of Hizballah’s assets and activities related to fundraising, financing, and money laundering worldwide. (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs, the Committee on Financial Services, and the Permanent Select Committee on Intelligence of the House of Representatives; and (2) the Committee on Foreign Relations, the Committee on Banking, Housing, and Urban Affairs, and the Select Committee on Intelligence of the Senate. III Miscellaneous provisions 301. Rule of construction Nothing in this Act or any amendment made by this Act shall apply to the authorized intelligence activities of the United States. 302. Regulatory authority (a) In general The President shall, not later than 120 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this Act and the amendments made by this Act. (b) Notification to Congress Not less than 10 days before the promulgation of regulations under subsection (a), the President shall notify the appropriate congressional committees of the proposed regulations and the provisions of this Act and the amendments made by this Act that the regulations are implementing. (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate. 303. Termination This Act shall terminate on the date that is 30 days after the date on which the President certifies to Congress that Hizballah— (1) is no longer designated as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ); and (2) is no longer designated for the imposition of sanctions pursuant to Executive Order 13224 ( 50 U.S.C. 1701 note; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism).

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.