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118-hr-6589Committee
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Prevent the Financing of Terrorism Through the Drug Trade Act

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Summary

Official CRS summary

This bill requires the Department of the Treasury to submit a report to Congress on terrorist financing in the Americas. The report must include (1) an analysis of the major moneymaking sources for Hamas and Hezbollah terrorist financing in the Americas, (2) an analysis of the extent to which Hamas and Hezbollah are linked to drug trafficking organizations in the Americas, and (3) a description of U.S. and multilateral efforts to disrupt such financing. In the next National Terrorist Financing Risk Assessment report, Treasury must identify Hamas as a primary threat and fully describe its terrorist financing activities.

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Bill details

Congress
118
Bill type
hr
Introduced
December 5, 2023
Sponsor
Not yet available
Last action
December 5, 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.

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