Chairman Royce’s Legislation Heads to President’s Desk

Washington, D.C. – House Foreign Affairs Committee Chairman Ed Royce (R-CA) applauded bipartisan passage of H.R. 2297, the Hezbollah International Financial Prevention Act of 2015.  The legislation, authored by Chairman Royce, strengthens economic sanctions against Hezbollah, a terrorist organization that continues to pose a threat to the United States, our allies, and interests throughout the Middle East and beyond.  The legislation, which passed by 425 to 0, now heads to the president’s desk to become law.

Specifically, Chairman Royce’s legislation imposes additional sanctions on Hezbollah’s fundraising channels and restricts Hezbollah’s ability to use its funds to support global terrorist activities. The legislation also targets Hezbollah’s media arm, al-Manar, and forces other critical reports to highlight the terrorist organization’s illicit activities.

Chairman Royce on House passage of H.R. 2297: “Under President Obama’s nuclear deal, Iran will soon hit a jackpot worth tens of billions of dollars.  Even the president admits this ‘windfall’ of cash will go to activities and groups, including its main terror proxy Hezbollah, that  pose ‘a threat to us, and a threat to our allies.’  This bill cracks down on Hezbollah’s fundraising efforts, its operations in Syria, and its efforts to carry out hostilities against the United States and our ally Israel.  I urge the president to quickly sign this legislation into law.”

Note: Following House passage in May, the legislation passed the Senate in November.  A section-by-section summary of today’s House-passed legislation is available HERE.