PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 704.
Congressional Research Service
Version 00 · Introduced in House · Nov 9, 2023
End Financing for Hamas and State Sponsors of Terrorism Act
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 undermine Hamas' ability to finance armed hostilities against Israel.
People & committees
Rep. Steil, Bryan [R-WI-1] · R–WI
Legislative record
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Placed on the Union Calendar, Calendar No. 704.
Committee on Foreign Affairs discharged.
Committee on Foreign Affairs discharged.
House Committee on Foreign Affairs Granted an extension for further consideration ending not later than Dec. 19, 2024.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-799, Part I.
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-799, Part I.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 36 - 13.
Committee Consideration and Mark-up Session Held
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.
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.
Introduced in House
Introduced in House
Primary sources
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Source last updated: May 27, 2025. Consult Congress.gov for the current record.
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