Washington, D.C.— The Hezbollah International Financing Prevention Act of 2014, H.R. 4411, introduced last month by Congressman Mark Meadows, has cleared a pivotal hurdle in the House by surpassing the 218 co-sponsor threshold, demonstrating that the bill is supported by a majority of the House of Representatives.
The Hezbollah International Financing Prevention Act targets the terrorist organization’s foreign assets with sanctions while also going after its narcotics trafficking rings, its media arm, al-Manar, and designating the group as a transnational criminal organization.
“The terrorist organization poses a direct threat to the U.S. and to our great ally, Israel. Hezbollah is responsible for the largest number of American deaths overseas by a terrorist group, second only to al Qaeda,” Meadows stated.
“This legislation has the ability to cripple Hezbollah’s vast network of illegal financing for its criminal and terrorist activities. I’m pleased to see my colleagues on both sides of the aisle have recognized the importance of this bill,” Meadows added.
The bipartisan legislation, introduced in the House by Congressman Meadows, was originally co-sponsored by Foreign Affairs Committee Chairman Ed Royce (R-CA), Ranking Member Rep. Elliot Engel (D-NY), and Rep. Brad Schneider (D-ILL.).