Washington, D.C. - Foreign Affairs Committee Chairman Ed Royce (R-CA) issued the following statement on House passage of the Hizballah International Financing Prevention Amendments Act of 2018 (S. 1595).
“Hezbollah’s fighters continue butchering civilians for Assad in Syria, while amassing missiles along Israel’s northern border. Just last week, Hezbollah’s leader bragged about having precision missile capabilities. Today’s bill will build on existing sanctions against Hezbollah by targeting its global fundraising and recruiting, as well as those who provide it weapons. This legislation is the product of months of bicameral, bipartisan work, and I hope the Senate will take it up quickly."
NOTE: Chairman Royce is the author of companion legislation (H.R. 3329 ) that passed the House last year. The Hizballah International Financing Prevention Amendments Act builds on Chairman Royce’s 2015 Hezbollah sanctions law by further restricting Hezbollah’s ability to fundraise and recruit; increasing pressure on banks that do business with Hezbollah; and cracking down on foreign states - including Iran - that support Hezbollah.
