HIZBALLAH INTERNATIONAL FINANCING PREVENTION AMENDMENTS ACT OF 2018; Congressional Record Vol. 164, No. 158
(House of Representatives - September 25, 2018)

Text available as:

Formatting necessary for an accurate reading of this text may be shown by tags (e.g., <DELETED> or <BOLD>) or may be missing from this TXT display. For complete and accurate display of this text, see the PDF.


[Pages H8872-H8878]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  HIZBALLAH INTERNATIONAL FINANCING PREVENTION AMENDMENTS ACT OF 2018

  Ms. ROS-LEHTINEN. Mr. Speaker, I move to suspend the rules and pass 
the bill (S. 1595) to amend the Hizballah International Financing 
Prevention Act of 2015 to impose additional sanctions with respect to 
Hizballah, and for other purposes, as amended.
  The Clerk read the title of the bill.
  The text of the bill is as follows:

                                S. 1595

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

       (a) Short Title.--This Act may be cited as the ``Hizballah 
     International Financing Prevention Amendments Act of 2018''.
       (b) Table of Contents.--The table of contents for this Act 
     is as follows:

Sec. 1. Short title; table of contents.

 TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL 
                         AND OTHER INSTITUTIONS

Sec. 101. Mandatory sanctions with respect to fundraising and 
              recruitment activities for Hizballah.
Sec. 102. Modification of report with respect to financial institutions 
              that engage in certain transactions.
Sec. 103. Sanctions against certain agencies and instrumentalities of 
              foreign states.
Sec. 104. Diplomatic initiatives to prevent hostile activities by Iran 
              and disrupt and degrade Hizballah's illicit networks.

 TITLE II--NARCOTICS TRAFFICKING AND TRANSNATIONAL CRIMINAL ACTIVITIES 
                              OF HIZBALLAH

Sec. 201. Imposition of sanctions with respect to affiliated networks 
              of Hizballah for transnational criminal activities.
Sec. 202. Report on racketeering activities engaged in by Hizballah.
Sec. 203. Modification of report on activities of foreign governments 
              to disrupt activities of Hizballah; reports on membership 
              in Hizballah.

                     TITLE III--GENERAL PROVISIONS

Sec. 301. Regulatory authority.
Sec. 302. Implementation; penalties; judicial review; exemptions; rule 
              of construction; exception relating to importation of 
              goods.
Sec. 303. Report consolidation and modification.

 TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL 
                         AND OTHER INSTITUTIONS

     SEC. 101. MANDATORY SANCTIONS WITH RESPECT TO FUNDRAISING AND 
                   RECRUITMENT ACTIVITIES FOR HIZBALLAH.

       (a) In General.--Section 101 of the Hizballah International 
     Financing Prevention Act of 2015 (Public Law 114-102; 50 
     U.S.C. 1701 note) is amended to read as follows:

     ``SEC. 101. MANDATORY SANCTIONS WITH RESPECT TO FUNDRAISING 
                   AND RECRUITMENT ACTIVITIES FOR HIZBALLAH.

       ``(a) In General.--The President shall, on or after the 
     date of the enactment of the Hizballah International 
     Financing Prevention Amendments Act of 2018, impose the 
     sanctions described in subsection (b) with respect to any 
     foreign person that the President determines knowingly 
     provides significant financial, material, or technological 
     support for or to--
       ``(1) Bayt al-Mal, Jihad al-Bina, the Islamic Resistance 
     Support Association, the Foreign Relations Department of 
     Hizballah, the External Security Organization of Hizballah, 
     or any successor or affiliate thereof as designated by the 
     President;
       ``(2) al-Manar TV, al Nour Radio, or the Lebanese Media 
     Group, or any successor or affiliate thereof as designated by 
     the President;
       ``(3) a foreign person determined by the President to be 
     engaged in fundraising or recruitment activities for 
     Hizballah; or
       ``(4) a foreign person owned or controlled by a person 
     described in paragraph (1), (2), or (3).
       ``(b) Sanctions Described.--The sanctions described in this 
     subsection are the following:
       ``(1) Asset blocking.--The exercise of all powers granted 
     to the President by the International Emergency Economic 
     Powers Act (50 U.S.C. 1701 et seq.) (except that the 
     requirements of section 202 of such Act (50 U.S.C. 1701) 
     shall not apply) to the extent necessary to block and 
     prohibit all transactions in all property and interests in 
     property of a foreign person determined by the President to 
     be subject to subsection (a) if such property and interests 
     in property are in the United States, come within the United 
     States, or are or come within the possession or control of a 
     United States person.
       ``(2) Aliens ineligible for visas, admission, or parole.--
       ``(A) Visas, admission, or parole.--An alien who the 
     Secretary of State or the Secretary of Homeland Security (or 
     designee of one of such Secretaries) determines is subject to 
     subsection (a) is--
       ``(i) inadmissible to the United States;
       ``(ii) ineligible to receive a visa or other documentation 
     to enter the United States; and
       ``(iii) otherwise ineligible to be admitted or paroled into 
     the United States or to receive any other benefit under the 
     Immigration and Nationality Act (8 U.S.C. 1101 et seq.).
       ``(B) Current visas revoked.--
       ``(i) In general.--The Secretary of State or the Secretary 
     of Homeland Security (or designee of one of such Secretaries) 
     shall revoke any visa or other entry documentation issued to 
     an alien who the President determines is subject to 
     subsection (a), regardless of when issued.
       ``(ii) Effect of revocation.--A revocation under clause (i) 
     shall take effect immediately and shall automatically cancel 
     any other valid visa or entry documentation that is in the 
     possession of the alien.
       ``(c) Waiver.--
       ``(1) In general.--The President may, for periods not to 
     exceed 180 days, waive the imposition of sanctions under this 
     section if the President certifies to the appropriate 
     congressional committees that such waiver is in the national 
     security interests of the United States.
       ``(2) Briefing.--Not later than 30 days after the issuance 
     of a waiver under paragraph (1) with respect to a foreign 
     person, and every 180 days thereafter while the waiver 
     remains in effect, the President shall brief the appropriate 
     congressional committees on the status of the involvement of 
     the foreign person in activities described in subsection (a).
       ``(d) Definitions.--In this section:
       ``(1) Admitted; alien.--The terms `admitted' and `alien' 
     have meanings given those terms in section 101 of the 
     Immigration and Nationality Act (8 U.S.C. 1101).
       ``(2) Appropriate congressional committees.--The term 
     `appropriate congressional committees' means--

[[Page H8873]]

       ``(A) the Committee on Foreign Affairs, the Committee on 
     Ways and Means, the Committee on the Judiciary, the Committee 
     on Financial Services, and the Permanent Select Committee on 
     Intelligence of the House of Representatives; and
       ``(B) the Committee on Foreign Relations, the Committee on 
     Finance, the Committee on Banking, Housing, and Urban 
     Affairs, the Committee on the Judiciary, and the Select 
     Committee on Intelligence of the Senate.
       ``(3) Entity.--The term `entity' means a partnership, 
     association, corporation, or other organization, group, or 
     subgroup.
       ``(4) Foreign person.--The term `foreign person' means any 
     person that is not a United States person.
       ``(5) Hizballah.--The term `Hizballah' has the meaning 
     given such term in section 102(e).
       ``(6) Person.--The term `person' means an individual or 
     entity.
       ``(7) United states person.--The term `United States 
     person' means a United States citizen, an alien lawfully 
     admitted for permanent residence, an entity organized under 
     the laws of the United States (including foreign branches), 
     or a person in the United States.''.
       (b) Clerical Amendment.--The table of contents for the 
     Hizballah International Financing Prevention Act of 2015 is 
     amended by striking the item relating to section 101 and 
     inserting the following new item:

``Sec. 101. Mandatory sanctions with respect to fundraising and 
              recruitment activities for Hizballah.''.

     SEC. 102. MODIFICATION OF REPORT WITH RESPECT TO FINANCIAL 
                   INSTITUTIONS THAT ENGAGE IN CERTAIN 
                   TRANSACTIONS.

       Section 102(d) of the Hizballah International Financing 
     Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701 
     note) is amended to read as follows:
       ``(d) Report on Financial Institutions Organized Under the 
     Laws of State Sponsors of Terrorism.--
       ``(1) In general.--Not later than 180 days after the date 
     of the enactment of the Hizballah International Financing 
     Prevention Amendments Act of 2018, and every 2 years 
     thereafter for a period not to exceed 4 years, the President 
     shall submit to the appropriate congressional committees a 
     report that--
       ``(A) identifies each foreign financial institution 
     described in paragraph (2) that the President determines 
     engages in one or more activities described in subsection 
     (a)(2); and
       ``(B) provides a detailed description of each such 
     activity.
       ``(2) Foreign financial institution described.--
       ``(A) In general.--A foreign financial institution 
     described in this paragraph is a foreign financial 
     institution--
       ``(i) that, wherever located, is--

       ``(I) organized under the laws of a state sponsor of 
     terrorism or any jurisdiction within a state sponsor of 
     terrorism;
       ``(II) owned or controlled by the government of a state 
     sponsor of terrorism;
       ``(III) located in the territory of a state sponsor of 
     terrorism; or
       ``(IV) owned or controlled by a foreign financial 
     institution described in subclause (I), (II), or (III); and

       ``(ii) the capitalization of which exceeds $10,000,000.
       ``(B) State sponsor of terrorism defined.--In this 
     paragraph, the term `state sponsor of terrorism' means a 
     country the government of which the Secretary of State has 
     determined is a government that has repeatedly provided 
     support for acts of international terrorism for purposes of--
       ``(i) section 1754(c) of the Export Control Reform Act of 
     2018;
       ``(ii) section 620A of the Foreign Assistance Act of 1961 
     (22 U.S.C. 2371);
       ``(iii) section 40 of the Arms Export Control Act (22 
     U.S.C. 2780); or
       ``(iv) any other provision of law.''.

     SEC. 103. SANCTIONS AGAINST CERTAIN AGENCIES AND 
                   INSTRUMENTALITIES OF FOREIGN STATES.

       (a) In General.--Title I of the Hizballah International 
     Financing Prevention Act of 2015 (Public Law 114-102; 50 
     U.S.C. 1701 note) is amended by adding at the end the 
     following:

     ``SEC. 103. SANCTIONS AGAINST CERTAIN AGENCIES AND 
                   INSTRUMENTALITIES OF FOREIGN STATES.

       ``(a) Sanctions.--
       ``(1) In general.--Not later than 180 days after the date 
     of the enactment of the Hizballah International Financing 
     Prevention Amendments Act of 2018, and as appropriate 
     thereafter, the President shall impose the sanctions 
     described in paragraph (3) with respect to an agency or 
     instrumentality of a foreign state described in paragraph 
     (2).
       ``(2) Agency or instrumentality of a foreign state 
     described.--An agency or instrumentality of a foreign state 
     is described in this paragraph if the President determines 
     that the agency or instrumentality has, on or after the date 
     of the enactment of the Hizballah International Financing 
     Prevention Amendments Act of 2018, knowingly--
       ``(A) conducted significant joint combat operations with, 
     or significantly supported combat operations of, Hizballah; 
     or
       ``(B) provided significant financial support for or to, or 
     significant arms or related materiel to, Hizballah.
       ``(3) Sanctions described.--The sanctions described in this 
     paragraph are the exercise of all powers granted to the 
     President by the International Emergency Economic Powers Act 
     (50 U.S.C. 1701 et seq.) (except that the requirements of 
     section 202 of such Act (50 U.S.C. 1701) shall not apply) to 
     the extent necessary to block and prohibit all transactions 
     in all property and interests in property of an agency or 
     instrumentality of a foreign state if such property and 
     interests in property are in the United States, come within 
     the United States, or are or come within the possession or 
     control of a United States person.
       ``(b) Waiver.--
       ``(1) In general.--The President may, for periods not to 
     exceed 180 days, waive the imposition of sanctions under this 
     section with respect to an agency or instrumentality of a 
     foreign state if the President certifies to the appropriate 
     congressional committees that such waiver is vital to the 
     national security interests of the United States.
       ``(2) Briefing.--Not later than 30 days after the issuance 
     of a waiver under paragraph (1) with respect to an agency or 
     instrumentality of a foreign state, and every 180 days 
     thereafter while the waiver remains in effect, the President 
     shall brief the appropriate congressional committees on the 
     status of the involvement of the agency or instrumentality in 
     activities described in subsection (a)(2).
       ``(c) Special Rule.--The President shall not be required to 
     impose sanctions under this section with respect to an agency 
     or instrumentality of a foreign state if the Secretary 
     certifies in writing to the appropriate congressional 
     committees that--
       ``(1) the agency or instrumentality--
       ``(A) is no longer engaging in activities described in 
     subsection (a)(2); or
       ``(B) has taken and is continuing to take significant 
     verifiable steps toward terminating such activities; and
       ``(2) the President has received reliable assurances from 
     the government of the foreign state that the agency or 
     instrumentality will not engage in any activity described in 
     subsection (a)(2) in the future.
       ``(d) Definitions.--In this section:
       ``(1) Agency or instrumentality of a foreign state.--The 
     term `agency or instrumentality of a foreign state' has the 
     meaning given the term in section 1603(b) of title 28, United 
     States Code.
       ``(2) Appropriate congressional committees.--The term 
     `appropriate congressional committees' means--
       ``(A) the Committee on Foreign Affairs, the Committee on 
     Financial Services, the Committee on Ways and Means, the 
     Committee on the Judiciary, the Committee on Appropriations, 
     and the Permanent Select Committee on Intelligence of the 
     House of Representatives; and
       ``(B) the Committee on Foreign Relations, the Committee on 
     Banking, Housing, and Urban Affairs, the Committee on the 
     Judiciary, Committee on Finance, Committee on Appropriations, 
     and the Select Committee on Intelligence of the Senate.
       ``(3) Arms or related materiel.--The term `arms or related 
     materiel' means--
       ``(A) nuclear, biological, chemical, or radiological 
     weapons or materials or components of such weapons;
       ``(B) ballistic or cruise missile weapons or materials or 
     components of such weapons; and
       ``(C) destabilizing numbers and types of advanced 
     conventional weapons.
       ``(4) Hizballah.--The term `Hizballah' has the meaning 
     given such term in section 102(e).
       ``(5) United states person.--The term `United States 
     person' has the meaning given such term in section 101(d).''.
       (b) Clerical Amendment.--The table of contents for the 
     Hizballah International Financing Prevention Act of 2015 is 
     amended by inserting after the item relating to section 102 
     the following new item:

``Sec. 103. Sanctions against certain agencies and instrumentalities of 
              foreign states.''.

     SEC. 104. DIPLOMATIC INITIATIVES TO PREVENT HOSTILE 
                   ACTIVITIES BY IRAN AND DISRUPT AND DEGRADE 
                   HIZBALLAH'S ILLICIT NETWORKS.

       (a) Diplomatic Engagement.--Title I of the Hizballah 
     International Financing Prevention Act of 2015 (Public Law 
     114-102; 129 Stat. 2206; 50 U.S.C. 1701 note), as amended by 
     section 103 of this Act, is further amended by adding at the 
     end the following:

     ``SEC. 104. DIPLOMATIC INITIATIVES TO PREVENT HOSTILE 
                   ACTIVITIES BY IRAN AND DISRUPT AND DEGRADE 
                   HIZBALLAH'S ILLICIT NETWORKS.

       ``Not later than 180 days after the date of the enactment 
     of the Hizballah International Financing Prevention 
     Amendments Act of 2018, the President shall instruct the 
     Secretary of State, in consultation with the Secretary of the 
     Treasury, to increase cooperation with foreign governments to 
     assist in strengthening the capacity of such governments to 
     prevent hostile activity by Iran and disrupt and degrade 
     Hizballah's illicit activities, including diplomatic 
     engagement that involves--
       ``(1) efforts to target and expose illicit finance 
     networks, arrest perpetrators, freeze assets, and address 
     Iran and Hizballah's use of illicit financial networks using 
     international trade and banking systems;
       ``(2) efforts to assist willing governments with the 
     development of counter-organized crime legislation, the 
     strengthening of financial investigative capacity, and a 
     fully-vetted counter-organized crime judicial model in 
     jurisdictions plagued with corruption; and

[[Page H8874]]

       ``(3) efforts to persuade governments to list Hizballah as 
     a terrorist organization.''.
       (b) Clerical Amendment.--The table of contents for the 
     Hizballah International Financing Prevention Act of 2015 is 
     amended by inserting after the item related to section 103, 
     as added by section 103(b) of this Act, the following new 
     item:

``Sec. 104. Diplomatic initiatives to prevent hostile activities by 
              Iran and disrupt and degrade Hizballah's illicit 
              networks.''.

 TITLE II--NARCOTICS TRAFFICKING AND TRANSNATIONAL CRIMINAL ACTIVITIES 
                              OF HIZBALLAH

     SEC. 201. IMPOSITION OF SANCTIONS WITH RESPECT TO AFFILIATED 
                   NETWORKS OF HIZBALLAH FOR TRANSNATIONAL 
                   CRIMINAL ACTIVITIES.

       (a) Statement of Policy.--It is the policy of the United 
     States to determine if individuals and entities that are 
     designated by the United States Government on or after the 
     date of the enactment of this Act as being associated with 
     Hizballah are engaged in transnational organized crime or 
     related activities on or after such date of enactment.
       (b) In General.--Section 201 of the Hizballah International 
     Financing Prevention Act of 2015 (Public Law 114-102; 50 
     U.S.C. 1701 note) is amended to read as follows:

     ``SEC. 201. IMPOSITION OF SANCTIONS WITH RESPECT TO 
                   AFFILIATED NETWORKS OF HIZBALLAH FOR 
                   TRANSNATIONAL CRIMINAL ACTIVITIES.

       ``(a) In General.--The President shall, on or after the 
     date of the enactment of the Hizballah International 
     Financing Prevention Amendments Act of 2018, impose the 
     sanctions described in subsection (b) with respect to 
     affiliated networks of Hizballah, including, as appropriate, 
     by reason of significant transnational criminal activities 
     engaged in by such networks.
       ``(b) Sanctions Described.--The sanctions described in this 
     subsection are sanctions applicable with respect to Hizballah 
     pursuant to any provision of law, including Executive Order 
     13581 (50 U.S.C. 1701 note; relating to blocking property of 
     transnational criminal organizations) (as such Executive 
     Order was in effect on the day before the date of the 
     enactment of the Hizballah International Financing Prevention 
     Amendments Act of 2018).
       ``(c) Waiver.--The President may, for periods not to exceed 
     180 days, waive the imposition of sanctions under this 
     section if the President certifies to the appropriate 
     congressional committees that such waiver is in the national 
     security interests of the United States.
       ``(d) Definitions.--In this section:
       ``(1) Appropriate congressional committees.--The term 
     `appropriate congressional committees' means--
       ``(A) the Committee on Foreign Affairs, the Committee on 
     Ways and Means, the Committee on Appropriations, the 
     Committee on Financial Services, and the Permanent Select 
     Committee on Intelligence of the House of Representatives; 
     and
       ``(B) the Committee on Foreign Relations, the Committee on 
     Banking, Housing, and Urban Affairs, the Committee on 
     Appropriations, and the Select Committee on Intelligence of 
     the Senate.
       ``(2) Hizballah.--The term `Hizballah' has the meaning 
     given such term in section 102(e).''.
       (c) Conforming Amendment.--The title heading for title II 
     of the Hizballah International Financing Prevention Act of 
     2015 is amended to read as follows:

``TITLE II--SANCTIONS AND REPORTS RELATING TO NARCOTICS TRAFFICKING AND 
     SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH''.

       (d) Clerical Amendments.--The table of contents for the 
     Hizballah International Financing Prevention Act of 2015 is 
     amended--
       (1) by striking the item relating to title II and inserting 
     the following:

``TITLE II--SANCTIONS AND REPORTS RELATING TO NARCOTICS TRAFFICKING AND 
   SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH''; and

       (2) by striking the item relating to section 201 and 
     inserting the following:

``Sec. 201. Imposition of sanctions with respect to affiliated networks 
              of Hizballah for transnational criminal activities.''.

     SEC. 202. REPORT ON RACKETEERING ACTIVITIES ENGAGED IN BY 
                   HIZBALLAH.

       (a) In General.--Section 202 of the Hizballah International 
     Financing Prevention Act of 2015 (Public Law 114-102; 50 
     U.S.C. 1701 note) is amended to read as follows:

     ``SEC. 202. REPORT ON RACKETEERING ACTIVITIES ENGAGED IN BY 
                   HIZBALLAH.

       ``(a) In General.--Not later than 180 days after the date 
     of the enactment of the Hizballah International Financing 
     Prevention Amendments Act of 2018, the President shall submit 
     to the appropriate congressional committees a report on 
     information regarding activities that Hizballah, and agents 
     and affiliates of Hizballah, have engaged in that are 
     racketeering activities, including any patterns regarding 
     such racketeering activities.
       ``(b) Form of Report.--Each report required under 
     subsection (a) shall be submitted in an unclassified form but 
     may contain a classified annex.
       ``(c) Definitions.--In this section:
       ``(1) Appropriate congressional committees.--The term 
     `appropriate congressional committees' means--
       ``(A) the Committee on the Judiciary, the Committee on 
     Foreign Affairs, the Committee on Financial Services, and the 
     Committee on Appropriations of the House of Representatives; 
     and
       ``(B) the Committee on the Judiciary, the Committee on 
     Foreign Relations, the Committee on Banking, Housing, and 
     Urban Affairs, and the Committee on Appropriations of the 
     Senate.
       ``(2) Hizballah.--The term `Hizballah' has the meaning 
     given such term in section 102(e).
       ``(3) Racketeering activity.--The term `racketeering 
     activity' means any activity that would be considered a 
     racketeering activity (as defined in section 1961(1) of title 
     18, United States Code) if the activity were engaged in the 
     United States or by a United States person.
       ``(4) United states person.--The term `United States 
     person' has the meaning given such term in section 101(d).''.
       (b) Clerical Amendment.--The table of contents for the 
     Hizballah International Financing Prevention Act of 2015 is 
     amended by striking the item relating to section 202 and 
     inserting the following:

``Sec. 202. Report on racketeering activities engaged in by 
              Hizballah.''.

     SEC. 203. MODIFICATION OF REPORT ON ACTIVITIES OF FOREIGN 
                   GOVERNMENTS TO DISRUPT ACTIVITIES OF HIZBALLAH; 
                   REPORTS ON MEMBERSHIP IN HIZBALLAH.

       (a) In General.--Section 204 of the Hizballah International 
     Financing Prevention Act of 2015 (Public Law 114-102; 50 
     U.S.C. 1701 note) is amended--
       (1) in subsection (a)(1)--
       (A) in the matter preceding subparagraph (A), by striking 
     ``this Act'' and inserting ``the Hizballah International 
     Financing Prevention Amendments Act of 2018, and once every 2 
     years thereafter for the following 4 years'';
       (B) in subparagraph (D)(ii)(II), by striking ``and'' at the 
     end;
       (C) in subparagraph (E), by striking ``and free-trade 
     zones.'' and inserting ``free-trade zones, business 
     partnerships and joint ventures, and other investments in 
     small and medium-sized enterprises;''; and
       (D) by adding at the end the following:
       ``(F) a list of jurisdictions outside of Lebanon that 
     expressly consent to, or with knowledge allow, the use of 
     their territory by Hizballah to carry out terrorist 
     activities, including training, financing, and recruitment;
       ``(G) a description of the total aggregate revenues and 
     remittances that Hizballah receives from the global logistics 
     networks of Hizballah;
       ``(H) a list of Hizballah's sources of revenue, including 
     sources of revenue based on illicit activity, revenues from 
     Iran, charities, and other business activities;
       ``(I) a list of Hizballah's expenditures, including 
     expenditures for ongoing military operations, social 
     networks, and external operations;
       ``(J) a description of steps to be taken by Federal 
     agencies to combat the illicit tobacco trafficking networks 
     used by Hizballah;
       ``(K) an assessment of Hizballah's financial operations in 
     areas under its operational or political control in Lebanon 
     and Syria and available measures to target Hizballah's 
     financial operations in those areas;
       ``(L) a review of Hizballah's international operational 
     capabilities, including in the United States;
       ``(M) a review of--
       ``(i) the total number and value of Hizballah-related 
     assets seized and forfeited; and
       ``(ii) the total number of indictments, prosecutions, and 
     extraditions of Hizballah members or affiliates; and
       ``(N) a review of efforts by the United States to prevent 
     hostile activities by Iran and disrupt and degrade 
     Hizballah's illicit networks in the Western Hemisphere, 
     including interagency coordination to ensure that 
     information-sharing, interdictions, arrests, investigations, 
     indictments, sanctions, and designations related to Hizballah 
     individuals or networks in the Western Hemisphere are 
     integrated, coordinated, and publicly communicated by the 
     United States in a manner that supports United States 
     interests.'';
       (2) by redesignating subsections (b) and (c) as subsections 
     (c) and (d), respectively;
       (3) by inserting after subsection (a) the following:
       ``(b) Enhanced Due Diligence.--
       ``(1) In general.--The President is authorized to require 
     each financial institution in the United States that 
     knowingly maintains a correspondent account or a payable-
     through account in the United States for a foreign financial 
     institution described in paragraph (2) to establish enhanced 
     due diligence policies, procedures, and controls in 
     accordance with section 5318(i)(2)(B) of title 31, United 
     States Code, and regulations to implement such section with 
     respect to such accounts.
       ``(2) Foreign financial institution described.--A foreign 
     financial institution described in this paragraph is a 
     foreign financial institution that the President determines 
     provides significant financial services

[[Page H8875]]

     to persons operating in a jurisdiction identified in 
     unclassified form in the list required under subsection 
     (a)(1)(F).
       ``(3) Definitions.--In this subsection, the terms 
     `correspondent account' and `payable-through account' have 
     the meanings given those terms in section 5318A of title 31, 
     United States Code.''; and
       (4) in subsection (c), as redesignated by paragraph (2)--
       (A) by striking ``this Act, and every 180 days 
     thereafter,'' and inserting ``the Hizballah International 
     Financing Prevention Amendments Act of 2018, and every 180 
     days thereafter for the following 4 years,''; and
       (B) by adding before the period at the end the following: 
     ``and on any requirements for enhanced due diligence 
     prescribed under subsection (b)''.
       (b) Report on Estimated Net Worth of Senior Hizballah 
     Members.--
       (1) In general.--Not later than 180 days after the date of 
     the enactment of this Act, the President shall submit to the 
     appropriate congressional committees a report that contains--
       (A) the estimated total net worth of each individual 
     described in paragraph (2); and
       (B) to the extent feasible, a description of how funds of 
     each individual described in paragraph (2) were acquired, and 
     how such funds have been used or employed.
       (2) Individuals described.--The individuals described in 
     this paragraph are the following:
       (A) The Secretary General of Hizballah.
       (B) Members of Hizballah's senior leadership or senior 
     associates of Hizballah that the President determines 
     materially assist or support Hizballah.
       (C) Any other individual that the President determines is a 
     senior foreign political figure of Hizballah.
       (3) Form of report; public availability.--
       (A) Form.--The report required under paragraph (1) shall be 
     submitted in unclassified form but may contain a classified 
     annex.
       (B) Public availability.--The unclassified portion of the 
     report required under paragraph (1) shall be made available 
     to the public in precompressed, easily downloadable versions 
     that are made available in all appropriate formats.
       (4) Definitions.--In this subsection:
       (A) Appropriate congressional committees.--The term 
     ``appropriate congressional committees'' means--
       (i) the Committee on Foreign Affairs, the Committee on 
     Financial Services, and the Permanent Select Committee on 
     Intelligence of the House of Representatives; and
       (ii) the Committee on Foreign Relations, the Committee on 
     Banking, Housing, and Urban Affairs, and the Select Committee 
     on Intelligence of the Senate.
       (B) Funds.--The term ``funds'' means--
       (i) cash;
       (ii) equity;
       (iii) any other intangible asset the value of which is 
     derived from a contractual claim, including bank deposits, 
     bonds, stocks, a security (as defined in section 2(a) of the 
     Securities Act of 1933 (15 U.S.C. 77b(a))), or a security or 
     an equity security (as those terms are defined in section 
     3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 
     78c(a))); and
       (iv) anything else of value that the Secretary of the 
     Treasury determines to be appropriate.
       (C) Senior foreign political figure.--The term ``senior 
     foreign political figure'' has the meaning given that term in 
     section 1010.605 of title 31, Code of Federal Regulations (or 
     any successor regulation).
       (c) Report on Individuals Who Are Members of the Lebanese 
     Parliament and Who Identify as Members of Hizballah.--
       (1) In general.--Not later than 180 days after the date of 
     the enactment of this Act, the President shall transmit to 
     the appropriate congressional committees a report that 
     contains the following:
       (A) A list of individuals who are members of the Lebanese 
     Parliament and who identify as members of Hizballah.
       (B) A description of any significant conduct of individuals 
     on the list required under subparagraph (A) that the 
     President determines may be grounds for designation pursuant 
     to Executive Order 13224 (50 U.S.C. 1701 note; relating to 
     blocking property and prohibiting transactions with persons 
     who commit, threaten to commit, or support terrorism).
       (2) Form.--The report required under paragraph (1) shall be 
     transmitted in unclassified form, but may include a 
     classified annex.
       (3) Appropriate congressional committees defined.--In this 
     subsection, the term ``appropriate congressional committees'' 
     means--
       (A) the Committee on Foreign Affairs, the Committee on 
     Financial Services, and the Permanent Select Committee on 
     Intelligence of the House of Representatives; and
       (B) the Committee on Foreign Relations, the Committee on 
     Banking, Housing, and Urban Affairs, and the Select Committee 
     on Intelligence of the Senate.

                     TITLE III--GENERAL PROVISIONS

     SEC. 301. REGULATORY AUTHORITY.

       (a) In General.--The President shall, not later than 180 
     days after the date of the enactment of this Act, prescribe 
     regulations as necessary for the implementation of this Act 
     and the amendments made by this Act.
       (b) Notification to Congress.--Not later than 10 days 
     before the prescription of regulations under subsection (a), 
     the President shall notify the appropriate congressional 
     committees regarding the proposed regulations and the 
     provisions of this Act and the amendments made by this Act 
     that the regulations are implementing.
       (c) Appropriate Congressional Committees Defined.--In this 
     section, the term ``appropriate congressional committees'' 
     means--
       (1) the Committee on Foreign Affairs and the Committee on 
     Financial Services of the House of Representatives; and
       (2) the Committee on Foreign Relations and the Committee on 
     Banking, Housing, and Urban Affairs of the Senate.

     SEC. 302. IMPLEMENTATION; PENALTIES; JUDICIAL REVIEW; 
                   EXEMPTIONS; RULE OF CONSTRUCTION; EXCEPTION 
                   RELATING TO IMPORTATION OF GOODS.

       (a) In General.--Title I of the Hizballah International 
     Financing Prevention Act of 2015 (Public Law 114-102; 50 
     U.S.C. 1701 note), as amended by sections 103 and 104 of this 
     Act, is further amended by adding at the end the following:

     ``SEC. 105. IMPLEMENTATION; PENALTIES; JUDICIAL REVIEW; 
                   EXEMPTIONS; RULE OF CONSTRUCTION.

       ``(a) Implementation.--The President may exercise all 
     authorities provided under sections 203 and 205 of the 
     International Emergency Economic Powers Act (50 U.S.C. 1702 
     and 1704) to carry out sections 101, 102, 103, and 201 of 
     this Act.
       ``(b) Penalties.--The penalties provided for in subsections 
     (b) and (c) of section 206 of the International Emergency 
     Economic Powers Act (50 U.S.C. 1705) shall apply to a person 
     that violates, attempts to violate, conspires to violate, or 
     causes a violation of regulations prescribed to carry out 
     section 101, 102, 103, or 201 of this Act to the same extent 
     that such penalties apply to a person that commits an 
     unlawful act described in subsection (a) of such section 206.
       ``(c) Procedures for Judicial Review of Classified 
     Information.--
       ``(1) In general.--If a finding under section 101, 102, 
     103, or 201 of this Act, or a prohibition, condition, or 
     penalty imposed as a result of any such finding, is based on 
     classified information (as defined in section 1(a) of the 
     Classified Information Procedures Act (18 U.S.C. App.)) and a 
     court reviews the finding or the imposition of the 
     prohibition, condition, or penalty, the President may submit 
     such information to the court ex parte and in camera.
       ``(2) Rule of construction.--Nothing in this subsection 
     shall be construed to confer or imply any right to judicial 
     review of any finding under section 101, 102, 103, or 201 of 
     this Act, or any prohibition, condition, or penalty imposed 
     as a result of any such finding.
       ``(d) Exemptions.--The following activities shall be exempt 
     from sections 101, 102, 103, and 201 of this Act:
       ``(1) Any authorized intelligence, law enforcement, or 
     national security activities of the United States.
       ``(2) Any transaction necessary to comply with United 
     States obligations under the Agreement between the United 
     Nations and the United States of America regarding the 
     Headquarters of the United States, signed at Lake Success 
     June 26, 1947, and entered into force November 21, 1947, or 
     the Convention on Consular Relations, done at Vienna April 
     24, 1963, and entered into force March 19, 1967, or any other 
     United States international agreement.
       ``(e) Rule of Construction.--Nothing in section 101, 102, 
     103, or 201 of this Act shall be construed to limit the 
     authority of the President under the International Emergency 
     Economic Powers Act (50 U.S.C. 1701 et seq.) or under any 
     other provision of law.
       ``(f) Exception Relating to Importation of Goods.--
       ``(1) In general.--The authorities and requirements to 
     impose sanctions under this Act shall not include the 
     authority or requirement to impose sanctions on the 
     importation of goods.
       ``(2) Definition.--In this subsection, the term `good' 
     means any article, natural or manmade substance, material, 
     supply or manufactured product, including inspection and test 
     equipment, and excluding technical data.''.
       (b) Clerical Amendment.--The table of contents for the 
     Hizballah International Financing Prevention Act of 2015, as 
     amended by this Act, is further amended by inserting after 
     the item relating to section 104, as added by section 104(b) 
     of this Act, the following new item:

``Sec. 105. Implementation; penalties; judicial review; exemptions; 
              rule of construction.''.
       (c) Conforming Amendments.--Section 102 of the Hizballah 
     International Financing Prevention Act of 2015 (Public Law 
     114-102; 50 U.S.C. 1701 note) is amended--
       (1) in subsection (a), by striking paragraphs (3) and (4);
       (2) by striking subsection (e); and
       (3) by redesignating subsection (f) as subsection (e).

     SEC. 303. REPORT CONSOLIDATION AND MODIFICATION.

       (a) In General.--Any and all reports required to be 
     submitted to Congress under this Act or the Hizballah 
     International Financing Prevention Act of 2015 (Public Law 
     114-102; 50 U.S.C. 1701 note) that are subject to a deadline 
     for submission consisting of the same unit of time may be 
     consolidated into a single report that is submitted to 
     Congress pursuant to such deadline.
       (b) Matters to Be Included.--Any report that is 
     consolidated into a single report as

[[Page H8876]]

     described in subsection (a) shall contain all information 
     required under this Act or the Hizballah International 
     Financing Prevention Act of 2015 in addition to all other 
     elements required by previous law.
       (c) Reports Modification.--The North Korea Sanctions and 
     Policy Enhancement Act of 2016 is amended as follows:
       (1) In section 209(a)(3)(A) (22 U.S.C. 9229(a)(3)(A)), by 
     striking ``not later than 90 days after the date of the 
     enactment of this Act, and every 180 days thereafter'' and 
     inserting ``not later than 90 days after the date of the 
     enactment of the Hizballah International Financing Prevention 
     Amendments Act of 2018, and every 180 days thereafter for 5 
     years''.
       (2) In section 302(a) (22 U.S.C. 9241(a)), by striking 
     ``Not later than 180 days after the date of the enactment of 
     this Act'' and inserting ``Not later than 120 days after the 
     date of the enactment of the Hizballah International 
     Financing Prevention Amendments Act of 2018, and periodically 
     thereafter''.

  The SPEAKER pro tempore. Pursuant to the rule, the gentlewoman from 
Florida (Ms. Ros-Lehtinen) and the gentleman from New York (Mr. Engel) 
each will control 20 minutes.
  The Chair recognizes the gentlewoman from Florida.


                             General Leave

  Ms. ROS-LEHTINEN. Mr. Speaker, I ask unanimous consent that all 
Members have 5 legislative days to revise and extend their remarks and 
to include extraneous material on this measure.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentlewoman from Florida?
  There was no objection.
  Ms. ROS-LEHTINEN. Mr. Speaker, I yield myself such time as I may 
consume.
  Mr. Speaker, today, we will consider a House-Senate agreement on 
additional measures targeting Hezbollah, Iran's leading terrorist 
proxy, with tough new sanctions that we will impose with this bill.
  Last Congress, the Hizballah International Financing Prevention Act 
was signed into law. This legislation threatened to cut off any 
financial institution that knowingly facilitates significant 
transactions for Hezbollah from the U.S. financial system. That was a 
major step in the financial fight against Hezbollah.
  In the immediate aftermath of the law's enactment, Hezbollah's leader 
gave a public speech blasting U.S. sanctions as ``unjust and false 
accusations.''
  Hezbollah also asserted that it ``does not have any funds in any bank 
in the world . . . or in Lebanese banks and the central bank and the 
directors of banks must not panic.''
  Well, if a terrorist organization must publicly state that they are 
not panicking, then they are definitely panicking. And Hezbollah was 
panicking, Mr. Speaker, following the passage of this landmark 
legislation.
  Hezbollah reportedly had to cut salaries, defer payments to 
suppliers, and slash money stipends to allied parties. Facing increased 
financial pressure, Hezbollah has also lashed out most recently by 
bombing a Lebanese bank in an effort to intimidate the board members 
into noncompliance. But Hezbollah's cowardly stance and its scare 
tactics have not worked.
  Lebanese banks have gone above and beyond the letter of the new U.S. 
law to proactively offload Hezbollah-linked bank accounts, forcing 
Hezbollah to look elsewhere for financial services.
  Yet, as time has progressed, Hezbollah has found temporary, albeit 
cumbersome, workarounds. It is time to send Hezbollah into a panic 
again, and this new legislation that we are considering tonight will do 
just that.
  First, the legislation mandates the application of sanctions against 
agencies of foreign states that provide weapons to Hezbollah--namely, 
Iran. Iran is the principal, external financial backer of Hezbollah, a 
fact that the leader of Hezbollah has openly admitted to for years.
  It is estimated that Iranian funding to Hezbollah exceeds $700 
million per year. This is in addition to a rapid expansion in both the 
quantity and the quality of weapons provided to Hezbollah by Iran.
  In May, the Treasury Department imposed sanctions on the governor of 
the Central Bank of Iran and another senior bank official, accusing 
them of funneling millions of dollars to Hezbollah. But more can be 
done, and more must be done.
  This new legislation takes aim at Hezbollah's enablers, both inside 
and outside of Lebanon. It mandates sanctions against any person or 
entity that engages in a transaction with anyone aiding Hezbollah's 
fundraising or recruitment.
  This includes Hezbollah's foreign relations department, its 
television station, and its companies that maintain Hezbollah's social 
media accounts.
  This legislation also requires the administration to issue a report 
laying out the assets of senior Hezbollah members and associates. This 
should clearly be applicable to Hezbollah's senior allies in the 
Lebanese Government.
  Hezbollah is constantly expanding and exploiting its extensive 
criminal networks from narcotics trafficking to human trafficking in 
order to escape sanctions and attack Western interests. So to address 
this new threat, this legislation also imposes transnational organized 
criminal organization sanctions on Hezbollah's criminal networks, and 
it requires the administration to report to us in Congress on 
Hezbollah's racketeering activities, which can serve as a basis for 
applying RICO penalties to Hezbollah.
  In sum, Mr. Speaker, this legislation is an important expansion of 
our efforts to take aim at Hezbollah, to take aim at its enablers, and 
to take aim at its state sponsor, Iran.
  Mr. Speaker, I urge my colleagues to support this effort to ensure 
that the United States continues to have the tools to respond to the 
threats caused by Hezbollah.
  Mr. Speaker, I reserve the balance of my time.

                                         House of Representatives,


                              Committee on Financial Services,

                                Washington, DC, September 7, 2018.
     Hon. Ed Royce,
     Chairman, Committee on Foreign Affairs,
     Washington, DC.
       Dear Chairman Chairman Royce: I am writing concerning S. 
     1595, the Hizballah International Financing Prevention 
     Amendments Act of 2017.
       As a result of your having consulted with the Committee on 
     Financial Services concerning provisions in the bill that 
     fall within our Rule X jurisdiction, I agree to forgo action 
     on the bill so that it may proceed expeditiously to the House 
     Floor. The Committee on Financial Services takes this action 
     with our mutual understanding that, by foregoing 
     consideration of S. 1595, at this time, we do not waive any 
     jurisdiction over the subject matter contained in this or 
     similar legislation, and that our Committee will be 
     appropriately consulted and involved as this or similar 
     legislation moves forward so that we may address any 
     remaining issues that fall within our Rule X jurisdiction. 
     Our Committee also reserves the right to seek appointment of 
     an appropriate number of conferees to any House-Senate 
     conference involving this or similar legislation, and 
     requests your support for any such request.
       Finally, I would appreciate your response to this letter 
     confirming this understanding with respect to S. 1595 and 
     would ask that a copy of our exchange of letters on this 
     matter be included in the Congressional Record during floor 
     consideration thereof.
           Sincerely,
                                                   Jeb Hensarling,
     Chairman.
                                  ____

                                         House of Representatives,


                                 Committee on Foreign Affairs,

                                Washington, DC, September 7, 2018.
     Hon. Jeb Hensarling,
     Chairman, Committee on Financial Services,
     Washington, DC.
       Dear Chairman Hensarling: Thank you for consulting with the 
     Foreign Affairs Committee and agreeing to be discharged from 
     further consideration of S. 1595, the Hizballah International 
     Financing Prevention Amendments Act of 2017, so that the bill 
     may proceed expeditiously to the House floor.
       I agree that your forgoing further action on this measure 
     does not in any way diminish or alter the jurisdiction of 
     your committee, or prejudice its jurisdictional prerogatives 
     on this bill or similar legislation in the future. I would 
     support your effort to seek appointment of an appropriate 
     number of conferees from your committee to any House-Senate 
     conference on this legislation.
       I will seek to place our letters on S. 1595 into the 
     Congressional Record during floor consideration of the bill. 
     I appreciate your cooperation regarding this legislation and 
     look forward to continuing to work together as this measure 
     moves through the legislative process.
           Sincerely,
                                                  Edward R. Royce,
                                                         Chairman.
         House of Representatives,


                                   Committee on the Judiciary,

                                Washington, DC, September 7, 2018.
     Hon. Edward R. Royce,
     Chairman, Committee on Foreign Affairs,
     Washington, DC.
       Dear Chairman Royce, I write with respect to S. 1595, the 
     ``Hizballah International Financing Prevention Amendments 
     Act.'' As

[[Page H8877]]

     a result of your having consulted with us on provisions 
     within S. 1595 that fall within the Rule X jurisdiction of 
     the Committee on the Judiciary, I forego any further 
     consideration of this bill so that it may proceed 
     expeditiously to the House floor for consideration.
       The Judiciary Committee takes this action with our mutual 
     understanding that by foregoing consideration of S. 1595 at 
     this time, we do not waive any jurisdiction over subject 
     matter contained in this or similar legislation and that our 
     committee will be appropriately consulted and involved as 
     this bill or similar legislation moves forward so that we may 
     address any remaining issues in our jurisdiction. Our 
     committee also reserves the right to seek appointment of an 
     appropriate number of conferees to any House-Senate 
     conference involving this or similar legislation and asks 
     that you support any such request.
       I would appreciate a response to this letter confirming 
     this understanding with respect to S. 1595 and would ask that 
     a copy of our exchange of letters on this matter be included 
     in the Congressional Record during floor consideration of the 
     bill.
           Sincerely,
                                                    Bob Goodlatte,
     Chairman.
                                  ____

         House of Representatives,


                                 Committee on Foreign Affairs,

                                Washington, DC, September 7, 2018.
     Hon. Bob Goodlatte,
     Chairman, Committee on the Judiciary,
     Washington, DC.
       Dear Chairman Goodlatte: Thank you for consulting with the 
     Foreign Affairs Committee and agreeing to be discharged from 
     further consideration of S. 1595, the Hizballah International 
     Financing Prevention Amendments Act of 2017, so that the bill 
     may proceed expeditiously to the House floor.
       I agree that your forgoing further action on this measure 
     does not in any way diminish or alter the jurisdiction of 
     your committee, or prejudice its jurisdictional prerogatives 
     on this bill or similar legislation in the future. I would 
     support your effort to seek appointment of an appropriate 
     number of conferees from your committee to any House-Senate 
     conference on this legislation.
       I will seek to place our letters on S. 1595 into the 
     Congressional Record during floor consideration of the bill. 
     I appreciate your cooperation regarding this legislation and 
     look forward to continuing to work together as this measure 
     moves through the legislative process.
           Sincerely,
                                                  Edward R. Royce,
                                                         Chairman.

  Mr. ENGEL. Mr. Speaker, I yield myself such time as I may consume.
  Mr. Speaker, I rise in strong support of this measure. Let me first 
thank our chairman on the Foreign Affairs Committee, Ed Royce, who has 
done great work to get this bill to the finish line.
  I want to especially thank my dear friend and colleague, Ileana Ros-
Lehtinen, who was so instrumental in crafting this bill and then 
getting it passed, like so many other things she has done for so many 
years on the Foreign Affairs Committee. It has just been an honor and a 
pleasure to work with her, and we are going to miss her. But she has 
done some great work, and people's lives will be saved because of the 
work that Ileana Ros-Lehtinen has done, so I want to thank her.
  I am also grateful to the Members of the other body who have helped 
push this measure forward. This bill is the product of a good, 
bipartisan effort aimed at a clear goal to isolate Hezbollah, one of 
the world's most dangerous terrorist organizations.
  With hundreds of thousands of rockets pointed at Israel and fighters 
returning home, battle-hardened from years fighting alongside the Assad 
regime in Syria, Hezbollah has become more sophisticated and more 
lethal.
  Hezbollah, with support from Iran, has served as a lifeline to Assad, 
allowing his regime to butcher the Syrian people. Without Hezbollah's 
support, Assad would have been swept out of power years ago.
  When he was losing, Hezbollah came in. Iran unleashed Hezbollah, and 
they turned the tide in the war. Birds of a feather flock together, 
unfortunately, and Hezbollah has also gained from this relationship.
  The war in Syria bound Hezbollah and Russia together. The result was 
deeper coordination and training between the two. Russia talks a good 
game about fighting terrorism, but its partnership with Hezbollah has 
shown that Moscow is eager to collaborate with a group that has 
American blood on its hands.
  Now is the time to choke Hezbollah off from its patrons. This bill 
would give the administration every tool it needs to confront this 
dangerous group. With this measure, we build on a 2015 law by imposing 
sanctions on anyone who knowingly supports Hezbollah's fundraising and 
recruitment efforts.
  As terrorist groups, including Hezbollah, rely more and more on 
online crowd sourcing and social media to spread their message, we need 
to be one step ahead.
  This bipartisan legislation also imposes sanctions on any part of a 
foreign government that supplies material support or arms to Hezbollah.

                              {time}  2230

  That could include Russia and Iran for the training and assistance 
they provide to Hezbollah in Syria.
  This measure would also ramp up oversight on the administration's 
strategies when it comes to diplomatic engagement to shut off 
Hezbollah's networks and safe havens. This legislation is meant to 
signal to anyone who supports Hezbollah: Your time is up.
  Let me add a final note about Hezbollah as it concerns Lebanon. I 
have been a friend of Lebanon for many years. Back in 2003, I wrote the 
Syria Accountability and Lebanese Sovereignty Restoration Act with my 
friend Congresswoman Ileana Ros-Lehtinen. We pressed Syria to get out 
of Lebanon and allow Lebanon to secure its own independence, free from 
Syria's outside influence.
  Unfortunately, Hezbollah has, so far, endured as a fact of life in 
Lebanese politics. The Lebanese people deserve better. Hezbollah should 
stop holding the Lebanese people hostage to its radical agenda.
  Mr. Speaker, I urge my colleagues to support this legislation, and I 
reserve the balance of my time.
  Ms. ROS-LEHTINEN. Mr. Speaker, I yield myself such time as I may 
consume.
  Mr. Speaker, I thank the chairman of our very bipartisan committee, 
the Foreign Affairs Committee, Chairman Ed Royce, as well as Matt Zweig 
on his staff--he will be embarrassed that I say that--and Ranking 
Member Eliot Engel. I thank Mr. Engel for those wonderful words. I am 
going to miss working with him greatly. We have worked on so many 
important pieces of legislation together. And Mira Resnick and Edmund 
Rice on his staff, what a delight they have been. I thank them for 
their collaboration in developing this critical legislation. I am going 
to miss working with all of them.
  I also want to thank Senate Banking Chairman Mike Crapo and Ranking 
Member Sherrod Brown, and John O'Hara and Colin McGinnis of their 
staff, for their hard work and commitment to achieving the strong, 
sound, bipartisan agreement that we have before us today.
  Finally, I thank my hometown Senator, Senator Rubio, as well as 
Senator Shaheen, who have taken the lead on this effort on the other 
side.
  For 30 years, Mr. Speaker, Hezbollah has remained Iran's proxy. Iran 
remains Hezbollah's primary source of financial support. What a 
terrible relationship these two have had.
  This bill builds on our past efforts. It ramps up pressure on this 
dangerous terrorist group. It sanctions regimes, including Iran and 
Syria, because they are providing weapons to Hezbollah. It targets 
Hezbollah's innovative fund-raising and recruiting efforts, including 
its attempt to crowdsource small donations to support its fighters. And 
it recognizes that Hezbollah is more than a terrorist group; it is also 
a global criminal organization, an enterprise that profits from drug 
trafficking, money laundering, and counterfeiting.
  This bill gives the administration the tools to respond accordingly. 
We must employ a combination of law enforcement, financial, criminal, 
civil, and regulatory tools to deter, disrupt, and publicly illuminate 
the global illicit Hezbollah network. And we have to continue to work 
together to confront this threat.
  Mr. Speaker, I reserve the balance of my time.
  Mr. ENGEL. Mr. Speaker, I yield myself the balance of my time.
  Mr. Speaker, in closing, Hezbollah is a threat to peace and stability 
across the Middle East. This group is emerging from the Syrian civil 
war even more dangerous and determined to spread its hatred and 
violence. Their tactics have grown more sophisticated, and we need to 
give the administration every tool we can to crack down on this group. 
This bill is a strong move in that direction. It is a great example of 
what we can produce when we work

[[Page H8878]]

across the aisle on national security issues.
  Let me say, I never hesitate to say how proud I am of the Foreign 
Affairs Committee and Chairman Ed Royce and the leadership of the 
committee on both sides of the aisle for what we think as being the 
most bipartisan committee in Congress. It is important when we are 
talking about foreign policy that America speak with one voice, and it 
is important when we talk about foreign policy that politics stops at 
the water's edge.
  This bill is a very important bill. It is a great example of what we 
can produce when we work across the aisle, and I am glad we are getting 
it across the finish line before we wrap up our work this month.
  Mr. Speaker, I urge a ``yes'' vote, and I yield back the balance of 
my time.
  Ms. ROS-LEHTINEN. Mr. Speaker, I echo Mr. Engel's remarks that, under 
the leadership of Chairman Royce and Ranking Member Engel, our Foreign 
Affairs Committee is one of the most bipartisan committees of the 
House.
  Mr. Speaker, I yield back the balance of my time.
  The SPEAKER pro tempore. The question is on the motion offered by the 
gentlewoman from Florida (Ms. Ros-Lehtinen) that the House suspend the 
rules and pass the bill, S. 1595, as amended.
  The question was taken; and (two-thirds being in the affirmative) the 
rules were suspended and the bill, as amended, was passed.
  A motion to reconsider was laid on the table.

                          ____________________