Hezbollah European Union. After the Israeli invasion of Lebanon in 1982 in support of the Free Lebanon State, Israel occupied a strip of south Lebanon, which was controlled by the South Lebanon Army (SLA), a Lebanese Christian militia supported by Israel. Hezbollah was founded in the early 1980s as part of an Iranian effort to aggregate a variety of militant Lebanese Shi'a groups into a unified organization. Hezbollah acts as a proxy for Iran in the ongoing Iran–Israel proxy conflict. Hezbollah was conceived by Muslim clerics and funded by Iran primarily to harass the Israeli occupation. Its leaders were followers of
Hezbollah International Financing Prevention Act of 2014 transactions with persons who commit or support terrorism); and (3) poses no significant threat to U.S. national security, interests, or allies. "This summary is based largely on the summary provided by the Congressional Budget Office, as ordered reported by the House Committee on Foreign Affairs on June 26, 2014. This is a public domain source." H.R. 4411 would impose sanctions on foreign financial institutions that facilitate transactions or money laundering on behalf of Hezbollah—a terrorist organization—or its agents. It would require several reports and briefings on Hezbollah and the Administration's efforts to deter its activities. The Congressional Budget Office (CBO)