This bill — the Palestinian International Terrorism Support Prevention Act of 2019 — would require the president to submit an annual report to Congress identifying foreign persons, agencies or instrumentalities of a foreign state who knowingly and materially assist Hamas, the Palestinian Islamic Jihad, or an affiliate or successor of one of those organizations. Entities providing assistance to designated terror groups would face a variety of sanctions, which are described in greater detail below.
After identifying the entities, the president would be required to impose two or more sanctions, including:
- Denying Export-Import loan guarantees;
- Denying defense support under the Arms Export Control Act;
- Denying the export of munitions to any agreement to which a person identified is a part;
- Denying the export of goods or technology controlled for national security reasons;
- Denying loans of more than $10 million; or
- Seizing property held in the U.S.
The president would also be required to report to Congress on each government that provides support for acts of terrorism and material support to Hamas, the Palestinian Islamic Jihad, or any affiliate or successor organization determined to have engaged in a significant transaction to knowingly and materially support those organizations.
After identifying the governments, the president would be required to:
- Suspend U.S. assistance to that government for one year;
- Instruct the executive directors of each international finance institution to vote against any loan or technical assistance to that government;
- Prohibit any munitions export to that government for one year; and
- Prohibit that government’s transactions in foreign exchanges that are subject to U.S. jurisdiction and prevent that government’s transfers of credits or payments between financial institutions subject to U.S. jurisdiction.
The reports required in this bill would be required for three years after this bill’s enactment.