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Lipinski Introduces Iranian Military and Terror Financing Reporting Act

Congressman Dan Lipinski (IL-3) released the following statement after introducing the Iranian Military and Terror Financing Reporting Act (H.R. 5612), which would require an annual report from the Secretary of State and the Director of National Intelligence describing Iranian expenditures on military and terrorist activities outside the country: 

“Iran is a regionally de-stabilizing power in the Middle East.  According to the most recent report by the State Department, it is the world’s foremost state sponsor of terrorism.  In spite of Iran’s weak economy and U.S.-imposed sanctions in response to their support for terrorism, abuse of human rights, and acquisition and deployment of prohibited weapons, the country continues to support violent groups abroad.

“As our diplomatic and military leaders determine how best to respond to Iran’s ongoing destabilization, they should have a detailed accounting of the amounts spent by Iran on specific groups such as Hezbollah, Houthi rebels in Yemen, Hamas, and proxy forces in Iraq and Syria, among elsewhere.  This effort is especially important in light of the escalating conflict between U.S. ally Israel and Iran and its backed forces in Syria. 

“The information that stems from my bill would better enable us to target Iran’s instruments of influence and send a clear message to Iran and our allies that that we do not tolerate their support of terrorism, that we are watching what armed groups they finance, and stand ready to take action to curtail this financial influence.”