S198119th CongressWALLET

PLO and PA Terror Payments Accountability Act of 2025

Sponsored By: Senator Sen. Cotton, Tom [R-AR]

Introduced

Summary

Targets foreign persons and financial institutions that support the PLO/PA’s system of payments to terrorists with U.S. sanctions. The bill would create a sanctions framework aimed at pressuring the Palestine Liberation Organization and the Palestinian Authority to end payments, salaries, and benefits the text says incentivize terrorism, and it conditions the law on a written certification from the Secretary of State that those payments have ceased.

Show full summary
  • PLO/PA officials and named organizations would be exposed to U.S. asset blocking and would be ineligible for visas or admission; current visas could be revoked and the President is directed to act within 90 days.
  • Foreign financial institutions that process or facilitate those payments or transact with sanctioned persons would face prohibitions or strict conditions on opening or maintaining U.S. correspondent or payable-through accounts.
  • Congress could request determinations and receive classified or unclassified reports within 30 days, and the President would use authorities such as the International Emergency Economic Powers Act (IEEPA) with regulations due within 60 days.

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

Visa bans and automatic revocations

If enacted, aliens who meet the bill's criteria would be inadmissible to the United States. They would be ineligible for visas, entry documents, admission, or parole. Any current visa or entry document could be revoked immediately and would cancel other valid documents. The bill also allows civil penalties for violations of this section or its rules.

Banking and sanctions on PLO/PA actors

If enacted, the President would have to impose sanctions within 90 days and on an ongoing basis. The bill would let the President use emergency economic powers and must issue implementing rules within 60 days. It would block property and bar or tightly limit U.S. correspondent and payable-through accounts for covered foreign banks. Targets include named PLO/PA bodies, people who run or pay the compensation system, and foreign banks that process those payments. The Secretary of State must certify in writing that the payment system has ended before the Act loses effect. These steps could disrupt payment routes and remittances tied to the described payment system.

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Sponsors & CoSponsors

Sponsor

Sen. Cotton, Tom [R-AR]

AR • R

Cosponsors

  • Sen. Cramer, Kevin [R-ND]

    ND • R

    Sponsored 1/22/2025

  • Sen. Budd, Ted [R-NC]

    NC • R

    Sponsored 1/22/2025

  • Sen. Scott, Rick [R-FL]

    FL • R

    Sponsored 1/22/2025

  • Bill Hagerty

    TN • R

    Sponsored 1/22/2025

  • Sen. Graham, Lindsey [R-SC]

    SC • R

    Sponsored 1/22/2025

  • Sen. Ricketts, Pete [R-NE]

    NE • R

    Sponsored 1/22/2025

  • Sen. Cruz, Ted [R-TX]

    TX • R

    Sponsored 1/22/2025

  • Sen. Schmitt, Eric [R-MO]

    MO • R

    Sponsored 1/22/2025

  • Sen. Scott, Tim [R-SC]

    SC • R

    Sponsored 1/23/2025

  • Sen. Cornyn, John [R-TX]

    TX • R

    Sponsored 1/23/2025

  • Sen. Justice, James C. [R-WV]

    WV • R

    Sponsored 3/25/2025

Roll Call Votes

No roll call votes available for this bill.

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