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HR 462

No Support for Terror Act

119th Congress Introduced by Greg Steube

The No Support for Terror Act prohibits financial aid to terrorist groups, enhancing national security by penalizing support and increasing scrutiny on financial transactions.

Introduced in House
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WeVote Research Nonpartisan
Bill Summary · HR 462

Summary of HR 462 - No Support for Terror Act

Bill Overview

  • Bill Number: HR 462
  • Title: No Support for Terror Act
  • Status: Introduced in House
  • Introduced Date: January 15, 2025
  • Classification: Bill

Purpose and Intent

The No Support for Terror Act aims to strengthen the United States' stance against terrorism by prohibiting financial and material support to entities identified as terrorist organizations. The bill seeks to enhance national security by ensuring that U.S. resources do not inadvertently fund or support terrorism, thereby protecting both domestic and international interests.

Key Provisions

While the full text of the bill is not provided, the following key provisions are anticipated based on the title and legislative intent:

  • Prohibition of Support: The bill would establish strict penalties for individuals and organizations that provide financial assistance, goods, or services to designated terrorist groups.
  • Designation of Terrorist Organizations: The bill may outline a process for identifying and designating organizations as terrorist entities, likely involving input from intelligence and law enforcement agencies.
  • Reporting Requirements: Entities that engage in international financial transactions may be required to report any suspected connections to terrorist organizations.
  • Increased Enforcement: The bill could empower federal agencies to investigate and prosecute violations more aggressively, potentially leading to increased funding for counter-terrorism efforts.

Affected Parties

The No Support for Terror Act would primarily affect:
- Financial Institutions: Banks and other financial entities would need to implement stricter compliance measures to prevent transactions with designated terrorist organizations.
- Non-Governmental Organizations (NGOs): NGOs operating in conflict zones may face increased scrutiny regarding their funding sources and partnerships.
- Individuals: Citizens and residents could be subject to legal consequences if found to be providing support to terrorist entities, intentionally or unintentionally.

Procedural Aspects

  • Committee Referrals: Upon introduction, the bill was referred to the Committee on Financial Services and the Committee on Foreign Affairs for consideration. The Speaker of the House will determine the timeline for further deliberation.
  • Next Steps: The bill will undergo discussions and potential amendments in the committees before it can be brought to the House floor for a vote.

Conclusion

The No Support for Terror Act represents a significant legislative effort to combat terrorism through financial means. By prohibiting support for terrorist organizations, the bill aims to enhance national security and ensure that U.S. resources are not misused to fund acts of terror. As the bill progresses through the legislative process, its provisions and implications will become clearer, shaping the landscape of U.S. counter-terrorism policy.

Compiled from official sources — confirm details with the bill’s official record.

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