[5][6] Hezbollah's paramilitary wing is the Jihad Council;[7][8] once seen as a resistance movement throughout much of the Arab world,[5] this image upon which the group's legitimacy rested has been severely damaged due to the sectarian nature of the Syrian Civil War in which it has become involved since 2012.

[11][12] Hezbollah, which started with only a small militia, has grown to an organization with seats in the Lebanese government, a radio and a satellite television-station, programs for social development and large-scale military deployment of fighters beyond Lebanon's borders.

After the 2006–2008 Lebanese political protests[21] and clashes,[22] a national unity government was formed in 2008, giving Hezbollah and its opposition allies control of eleven of thirty cabinets seats; effectively veto power.

[6] In August 2008, Lebanon's new Cabinet unanimously approved a draft policy statement which secures Hezbollah's existence as an armed organization and guarantees its right to "liberate or recover occupied lands".

[38] The bill would direct the Secretary of the Treasury to identify to Congress every 180 days each foreign central bank that carries out an activity prohibited under this Act.

[38] The bill would state that any requirement of this Act shall cease to be in effect 30 days after the President certifies to Congress that Hezbollah: (1) is no longer designated as a foreign terrorist organization; (2) is no longer listed in the Annex to Executive Order 13224 (blocking property and prohibiting transactions with persons who commit or support terrorism); and (3) poses no significant threat to U.S. national security, interests, or allies.

The Congressional Budget Office (CBO) estimates that implementing the bill would cost $3 million over the 2015-2019 period, assuming appropriation of the necessary amounts.

[1] The Hezbollah International Financing Prevention Act of 2014 was introduced into the United States House of Representatives on April 7, 2014, by Rep. Mark Meadows (R, NC-11).

"[2] Another supporter, Rep. Brad Schneider (D-IL), said that the legislation "would give the administration the means necessary to combat Hezbollah's global financial network.