Hamas and Palestinian Islamic Jihad International Terrorism Support Prevention Act of 2023

This bill imposes sanctions on foreign individuals, entities, and governments that provide significant financial or material support to Hamas, the Palestinian Islamic Jihad, or their affiliates. It requires the President to block transactions with those supporting these groups and to suspend U.S. aid to governments providing material support for their terrorist activities. The bill also mandates regular reports on foreign countries' efforts to disrupt Hamas and Palestinian Islamic Jihad fundraising, financing, and money laundering networks. Specific exceptions include military use and humanitarian aid for medicine and food. The bill includes a sunset provision, terminating either after 3 years or when Hamas and Palestinian Islamic Jihad are no longer designated as terrorist organizations.