Fortify Israel Act

The Fortify Israel Act blocks the release of U.S.-held Iranian assets until the President certifies that Hamas-led hostilities against Israel have ended and either Israel has received full compensation for damages or Iran is participating in a verified international compensation mechanism. It requires the President to notify Congress 30 days before releasing any such asset and allows Congress to block the release via an expedited joint resolution. The bill mandates that confiscated Iranian assets be deposited into a fund specifically for procuring defense articles and services for Israel, with no judicial review of the confiscation. This directly affects the U.S. Treasury (in asset management), Israel (as the beneficiary of funds), and Congress (with review authority), focusing on concrete compensation mechanisms tied to the Israel-Hamas conflict.