US Codex
Bill
Notes

H.R. 6322 — what changed

End Financing for Hamas and State Sponsors of Terrorism Act

From Introduced in House to Reported in House. 1 section amended between Introduced in House and Reported in House.

Sec. 4 Prohibition on use of the exchange stabilization fund to exchange Special Drawing Rights of, or to benefit, state sponsors of terrorism

Section 5302 of title 31, United States Code, is amended by adding at the end the following:

changed “(e) Prohibition on use of fund To to exchange Special Drawing Rights of, or To to benefit, a state sponsor of terrorism—The Secretary may not use the fund to—

“(1) deal in Special Drawing Rights from any country determined by the Secretary of State to have repeatedly provided support for acts of international terrorism, as designated pursuant to section 1754(c) of the National Defense Authorization Act for Fiscal Year 2019, section 40 of the Arms Export Control Act, or section 620A of the Foreign Assistance Act of 1961; or

changed “(2) engage deal in a transaction Special Drawing Rights with any other entity country in a manner that the Secretary finds will result in the direct provision of any asset funds to such a country.”country referred to in paragraph (1).”