Section 1 Short title
This Act may be cited as the “Prevent the Financing of Terrorism Through the Drug Trade Act”.
Prevent the Financing of Terrorism Through the Drug Trade Act
A BILL
To require a report on terrorist financing in the Americas, and for other purposes.
Sec. 2 Report on terrorist financing in the Americas
In general— Not later than 180 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit to Congress a report that includes the following:
An analysis of the major money making sources for terrorist financing by Hamas and Hezbollah in Mexico, Central America, South America, and the Caribbean.
An analysis of the amount of money held by Hamas and Hezbollah in Mexico, Central America, South America, and the Caribbean, including an identification of the countries in which it is being held.
An analysis of the extent to which Hamas and Hezbollah are linked to drug trafficking organizations in Mexico, Central America, South America, and the Caribbean and an analysis of the amount of their funds raised through the narcotics trade.
A description of United States and multilateral efforts to disrupt financing by Hamas and Hezbollah in Mexico, Central America, South America, and the Caribbean.
An evaluation of the United States efforts to disrupt financial flows from Mexico, Central America, South America, and the Caribbean to Hamas and Hezbollah.
National Terrorist Financing Risk Assessment report— The Secretary of the Treasury shall, in the next National Terrorist Financing Risk Assessment report issued by the Department of the Treasury on or after the date of the enactment of this Act—
identify Hamas as a “Primary Threat” under the report’s section relating to “Threats”; and
include a full description of Hamas’s activities relating to terrorist financing under such section.