Urging the Government of Syria to withdraw its armed forces from Lebanon.

Demands that Syria: (1) declare its commitment to completely withdraw its armed forces from Lebanon and to set a firm timetable for such withdrawal to be completed by December 31, 1997; and (2) prevent Hizbollah and other terrorist groups from launching attacks on Israel from Lebanese areas under its occupation.

Recognizes the public Israeli commitment to withdraw its armed forces from the "security zone" in southern Lebanon once security conditions permit.

Declares that the Congress will not accept Syria's continued hegemony over Lebanon and rejects linking the Syrian presence there to Israeli-Syrian negotiations or to an Israeli-Syrian peace agreement.

Urges the President to withhold U.S. assistance to Syria and to direct U.S. executive directors of all international financial institutions to oppose loans or assistance to Syria until Syria withdraws its armed forces from Lebanon.

Calls for Syria to cooperate with ongoing international efforts to curb terrorism and holds it responsible for all terrorist acts planned, trained for, financed, or initiated in Syrian or Lebanese territories under its occupation.

Calls on Lebanon to: (1) initiate negotiations with Syria for the withdrawal of Syrian armed forces from Lebanon, the disarming of all remaining nongovernment paramilitary groups, and the redeployment of Lebanese armed forces to all Lebanese areas in order to assert the sovereignty of the Lebanese state over all of its territory; (2) enter into bilateral negotiations with Israel in order to agree on mutual security arrangements and realize a full and permanent peace; (3) prosecute all individuals responsible for crimes against U.S. or foreign diplomats and citizens; and (4) hold the parliamentary elections on time and take specified measures to ensure that such elections are conducted in a free and fair manner.

Requires the Secretary of State to report to congressional committees on the results of the Lebanese elections and, every six months thereafter, on Syrian efforts to withdraw its forces from Lebanon.