End Financing for Hamas and State Sponsors of Terrorism Act
This bill requires the Treasury Department to report on Hamas financing sources and U.S. efforts to disrupt those funds within 180 days of enactment. It directs Treasury to develop a multilateral strategy with international allies to prevent Hamas from financing hostilities against Israel. The bill also prohibits using the Exchange Stabilization Fund to exchange Special Drawing Rights with countries designated as state sponsors of terrorism under specific laws. These provisions directly affect U.S. financial operations and Treasury's coordination with international partners. The bill focuses on restricting financial mechanisms tied to designated terrorist entities, without altering existing sanctions.
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2023
Committee Review
Floor Vote
President
Introduced Nov 9, 2023
Last action Dec 12, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
4
Committee
5
Amendments
1
Dec 12, 2024
Lower · Passed
Committee on Foreign Affairs discharged.
lower
Dec 5, 2024
Lower · Passed
House Committee on Foreign Affairs Granted an extension for further consideration ending not later than Dec. 19, 2024.
lower
Dec 5, 2024
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-799, Part I.
lower
Nov 14, 2023
Introduced
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 36 - 13.
lower
Nov 14, 2023
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Nov 9, 2023
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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.
lower
Nov 9, 2023
Introduced
Introduced in House
lower
1 primary · 9 co-sponsors
Sponsors
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