To prevent Hezbollah and associated entities from gaining access to international financial and other institutions, and for other purposes.
(This measure has not been amended since it was passed by the Senate on December 16, 2015. The summary of that version is repeated here.)
Hizballah International Financing Prevention Act of 2015
(Sec. 2) This bill states that it shall be U.S. policy to: (1) prevent Hizballah's global logistics and financial network from operating in order to curtail funding of its domestic and international activities; and (2) utilize diplomatic, legislative, and executive avenues to combat Hizballah's criminal activities in order to block that organization's ability to fund its global terrorist activities.
TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL AND OTHER INSTITUTIONS(Sec. 101) The President shall report to Congress on: (1) satellite, broadcast, Internet, or other providers that have knowingly entered into a contractual relationship with al-Manar TV and its affiliates; and (2) the identity of those providers that have or have not been sanctioned pursuant to Executive Order 13224 (relating to blocking property and prohibiting transactions with persons who commit or support terrorism).
(Sec. 102) The President shall prohibit or impose strict conditions on the opening or maintaining in the United States of a correspondent account or a payable-through account by a foreign financial institution that knowingly:
Specified penalties under the International Emergency Economic Powers Act shall apply to violations of this Act.
Procedures for judicial review of classified information are set forth.
The President may waive the application of a prohibition for up to 180 days (renewable for additional 180-day periods) if in U.S. national security interests, and with congressional notification.
The President shall not be required to apply sanctions to a foreign financial institution if the President certifies to Congress that:
Treasury shall identify to Congress every 180 days each foreign central bank that carries out a prohibited activity, together with a detailed description of each such activity.
TITLE II--REPORTS AND BRIEFINGS ON NARCOTICS TRAFFICKING AND SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH
(Sec. 201) The President shall report to Congress on Hizballah's narcotics trafficking worldwide.
The President shall, within 30 days of submitting such report, brief Congress on: (1) the report, (2) procedures for designating Hizballah as a significant foreign narcotics trafficker, and (3) government-wide efforts to combat Hizballah's narcotics trafficking.
(Sec. 202) The President shall report to Congress on Hizballah's transnational criminal activities, including human trafficking.
The President shall, within 30 days of submitting such report, brief Congress on: (1) the report, (2) procedures for designating Hizballah as a significant transnational criminal organization, and (3) government-wide efforts to combat Hizballah's criminal activities.
(Sec. 203) The Department of State shall report, and provide an annual briefing, to Congress regarding actions taken through the Department's rewards program to obtain information on Hizballah's fundraising, financing, and money laundering activities.
(Sec. 204) The President shall report to Congress regarding:
The State Department, Treasury, and other applicable federal departments and agencies shall brief Congress every 180 days on the disposition of Hizballah's assets and activities related to fundraising, financing, and money laundering.
TITLE III--MISCELLANEOUS PROVISIONS(Sec. 301) Nothing in this Act shall apply to authorized U.S. intelligence activities.
(Sec. 302) The President shall promulgate implementing regulations.
(Sec. 303) This Act shall cease to be in effect 30 days after the President certifies to Congress that Hizballah:
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S8027)
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S8027)
Measure laid before Senate by unanimous consent. (consideration: CR S8027)
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
Message on Senate action sent to the House.
Mr. Royce moved that the House suspend the rules and agree to the Senate amendments. (consideration: CR H9341-9346)
DEBATE - The House proceeded with forty minutes of debate on the motion to suspend the rules and agree to the Senate amendments to H.R. 2297.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the chair announced that further proceedings on the motion would be postponed.
Enacted as Public Law 114-102
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Considered as unfinished business. (consideration: CR H9356)
Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendments Agreed to by the Yeas and Nays: (2/3 required): 425 - 0 (Roll no. 698).(text as House agreed to Senate amendment: CR H9341-9343)
Roll Call #698 (House)On motion that the House suspend the rules and agree to the Senate amendments Agreed to by the Yeas and Nays: (2/3 required): 425 - 0 (Roll no. 698). (text as House agreed to Senate amendment: CR H9341-9343)
Roll Call #698 (House)Motion to reconsider laid on the table Agreed to without objection.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 114-102.
Became Public Law No: 114-102.