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H.R.340 / 118th Congress

Hamas and Other Palestinian Terrorist Groups International Financing Prevention Act

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 237.

Official summary

Version 00 · Introduced in House · Jan 12, 2023

Hamas International Financing Prevention Act

This bill imposes sanctions targeting Hamas, the Palestinian Islamic Jihad, and any affiliate or successor groups.

The President must periodically report to Congress a list of each foreign person (individual or entity) that knowingly provides significant support or services to or is involved in a significant transaction with a senior member or supporter of the targeted groups.

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The President must impose two or more sanctions on the named persons. Specifically, the person may be (1) denied credit and services from the Export-Import Bank, (2) barred from purchasing certain controlled defense articles, (3) denied exports of items on the U.S. Munitions List, (4) prevented from receiving exports of certain goods or technology controlled for national security reasons, (5) prohibited from receiving financing of more than $10 million from any U.S. financial institution, or (6) subject to property-blocking restrictions.

The President must periodically report to Congress a list of foreign governments that have repeatedly provided material support for the targeted groups' terrorist activities. The President shall bar these governments from receiving for one year (1) U.S. assistance, or (2) exports of controlled munitions. The Department of the Treasury must instruct U.S. leadership of international financial institutions to oppose providing assistance to an identified government for one year.

The bill provides for certain exceptions and waivers, such as for transactions that would serve U.S. national interests.

The President must report to Congress and periodically provide briefings on other specified topics related to the targeted groups, such as where these groups secure financing and surveillance equipment.

Read the summary on Congress.gov
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Who introduced it

Rep. Mast, Brian J. [R-FL-21] · R–FL

Committees

  • Foreign Affairs Committee
  • Financial Services Committee
31 cosponsorship records, including any withdrawals

Actions

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  1. Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 237.

  2. Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

  3. Motion to reconsider laid on the table Agreed to without objection.

  4. On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 363 - 46 (Roll no. 561). (text: CR H5189-5191)

    House roll call 561 · Individual votes
  5. Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 363 - 46 (Roll no. 561). (text: CR H5189-5191)

    House roll call 561 · Individual votes
  6. Considered as unfinished business. (consideration: CR H5220-5221)

  7. At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  8. DEBATE - The House proceeded with forty minutes of debate on H.R. 340.

  9. Considered under suspension of the rules. (consideration: CR H5189-5193)

  10. Mr. McCaul moved to suspend the rules and pass the bill, as amended.

  11. Ordered to be Reported (Amended) by the Yeas and Nays: 44 - 2.

  12. Committee Consideration and Mark-up Session Held

  13. Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.

  14. Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, 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.

  15. Introduced in House

  16. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: May 27, 2025. Consult Congress.gov for the current record.

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Objective

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