The U.S. House of Representatives on Thursday unanimously passed the Hezbollah International Financial Prevention Act, which would enact tougher sanctions against the Lebanon-based and Iranian-funded Hezbollah terrorist organization.
The bill, sponsored by U.S. Rep. Ed Royce (R-Calif.) and cosponsored by nine other members of Congress, would sanction foreign financial institutions that facilitate Hezbollah’s activities through actions such as providing significant financial services or money laundering for the terror group.
“Hezbollah, an Iranian-backed terrorist group, poses a direct threat to American and Israeli security, dominates the Lebanese government, fights for the Syrian Assad regime, and possesses an arsenal of more than 100,000 rockets,” said the American Israel Public Affairs Committee, which urged the Senate to also adopt the legislation.
The move came in a week that also saw the passage in the House of a bill that gives Congress a role in assessing and implementing any nuclear agreement reached with Iran.
The Iran Nuclear Agreement Review Act (S.615) passed the House on May 14 by a vote 400-25 after passing overwhelmingly in the Senate on May 7.
“We applaud the role Congress has and will continue to play in the global effort to stop Iran from developing a nuclear weapon,” said Abraham H. Foxman, ADL National Director. “We commend the House of Representatives Leadership and Foreign Affairs Committee Chair Ed Royce (R-CA) and Ranking Member Elliot Engel (D-NY) for preserving the compromise bill crafted by Sens. Corker (R-TN) and Cardin (D-MD) and moving it expeditiously to a Floor vote.”