Docket
118th Congress · HOUSE BILLINCORPORATED

H.R. 6322 — End Financing for Hamas and State Sponsors of Terrorism Act

“To evaluate and disrupt financing to Hamas, and to amend title 31, United States Code, to prohibit the exchange stabilization fund from being used to deal in Special Drawing Rights from state sponsors of terrorism, and for other purposes.”

International affairs
Introduced Nov 9, 2023
Last action Dec 12, 2024
Pipeline · Bill → Law
Step 1
Introduced
Nov 9, 2023
Step 2
Referred
Nov 9, 2023
Financial Services · Foreign Affairs
Step 3
Committee
Nov 14, 2023
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill prohibits the Department of the Treasury from using its stabilization fund to deal in International Monetary Fund (IMF) Special Drawing Rights (SDR) from any country determined to be a state sponsor of terrorism. (The SDR is an international reserve asset maintained by the IMF based on contributions from IMF member countries. SDRs may be exchanged between member countries and may also be exchanged for currencies.) Treasury must develop a strategy, in coordination with allies and partners, to ensure that Hamas is incapable of financing armed hostilities against Israel. Treasury must report to Congress on the major sources of funding to Hamas, with an evaluation of U.S. efforts to...

Provisions · 4 sectionsReported to House
Similar Bills · 1 matches
BillText overlapStatus
H.R. 815— National Security Act, 2024
0%
ENACTED
Timeline · 9 actions
Dec 12, 2024
Committee on Foreign Affairs discharged.
Dec 12, 2024
Placed on the Union Calendar, Calendar No. 704.
Dec 5, 2024
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-799, Part I.
Dec 5, 2024
House Committee on Foreign Affairs Granted an extension for further consideration ending not later than Dec. 19, 2024.
Nov 14, 2023
Committee Consideration and Mark-up Session Held
Nov 14, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 36 - 13.
Nov 9, 2023
Introduced in House
Nov 9, 2023
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.
Nov 9, 2023
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.