SEC. 1. Short Title.
This division may be cited as the “End Financing for Hamas and State Sponsors of Terrorism Act”.
Division Q — End Financing for Hamas and State Sponsors of Terrorism Act
DIVISION Q End Financing for Hamas and State Sponsors of Terrorism Act
SEC. 2. Report on Financing for Hamas.
Not later than 180 days after the date of the enactment of this division, the Secretary of the Treasury shall submit to the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives and to the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate a report (which shall be in unclassified form but may include a classified annex) that includes—
an analysis of the major sources of financing to Hamas;
a description of United States and multilateral efforts to disrupt illicit financial flows involving Hamas;
an evaluation of United States efforts to undermine the ability of Hamas to finance armed hostilities against Israel; and
an implementation plan with respect to the multilateral strategy described in section 3.
SEC. 3. Multilateral Strategy to Disrupt Hamas Financing.
The Secretary of the Treasury, through participation in the G7, and other appropriate fora, shall develop a strategy in coordination with United States allies and partners to ensure that Hamas is incapable of financing armed hostilities against Israel.