The House Foreign Affairs Committee is eyeing swift movement on legislation designed to shield Israel from financial boycotts, House Majority Leader Steny Hoyer Steny Hamilton HoyerOVERNIGHT ENERGY: California seeks to sell only electric cars by 2035 | EPA threatens to close New York City office after Trump threats to 'anarchist' cities | House energy package sparks criticism from left and right House energy package sparks criticism from left and right Hoyer: House should vote on COVID-19 aid — with or without a bipartisan deal MORE (D-Md.) said Wednesday.

"The committee is considering this, and I expect to be moving something out of the committee in the relatively near future," Hoyer said during a press briefing in the Capitol.

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Hoyer did not put a timeline on the process, nor did he commit to bringing the bill to the floor following committee passage, though he suggested Democrats would do so.

"My inclination is to put it on the floor, yes, but I want to see what the committee does first before I make that decision," he said.

The legislation, which will move through the Foreign Affairs Committee, led by Chairman Eliot Engel Eliot Lance EngelHouse panel halts contempt proceedings against Pompeo after documents turned over Engel subpoenas US global media chief Michael Pack The Hill's Morning Report - Sponsored by The Air Line Pilots Association - Pence lauds Harris as 'experienced debater'; Trump, Biden diverge over debate prep MORE (D-N.Y.), is designed to bar U.S. companies from endorsing anti-Israel boycotts orchestrated by international governmental organizations (IGOs). Such a ban already exists for boycotts organized by foreign governments, but not those promoted by IGOs, like the United Nations.

The issue has come to light in recent years with the rise of the so-called “boycott, divestment, sanctions” movement (BDS) — an international campaign designed to press Israel on human rights issues surrounding the long-running Israeli-Palestinian conflict.

Human rights and free speech groups have hammered a Senate version of the legislation, sponsored by Sen. Marco Rubio Marco Antonio RubioOvernight Defense: Pentagon redirects pandemic funding to defense contractors | US planning for full Afghanistan withdrawal by May | Anti-Trump GOP group puts ads in military papers Democrats step up hardball tactics as Supreme Court fight heats up Press: Notorious RBG vs Notorious GOP MORE (R-Fla.), which passed the upper chamber earlier this year.

The groups contend the bill tramples on First Amendment rights to free speech — and they've been joined in that argument by a number of liberals on Capitol Hill, including Sen. Bernie Sanders Bernie SandersOutrage erupts over Breonna Taylor grand jury ruling Dimon: Wealth tax 'almost impossible to do' Grand jury charges no officers in Breonna Taylor death MORE (I-Vt.), a leading presidential contender, and a trio of outspoken House freshmen: Reps. Rashida Tlaib Rashida Harbi TlaibTrump attacks Omar for criticizing US: 'How did you do where you came from?' George Conway: 'Trump is like a practical joke that got out of hand' Pelosi endorses Kennedy in Massachusetts Senate primary challenge MORE (D-Mich.), Ilhan Omar Ilhan OmarOmar fires back at Trump over rally remarks: 'This is my country' Trump attacks Omar for criticizing US: 'How did you do where you came from?' Democrats scramble on COVID-19 relief amid division, Trump surprise MORE (D-Minn.) and Alexandria Ocasio-Cortez Alexandria Ocasio-CortezWells Fargo CEO issues apology after saying there was a 'limited pool of Black talent' Brand responds to Trump claim protesters throw tuna cans at police: 'Eat em, don't throw em' CNN's Don Lemon: 'Blow up the entire system' remark taken out of context MORE (D-N.Y.).

The legislation, which sets the powerful Israel lobby against the American Civil Liberties Union, is sure to prove a headache for Hoyer, Speaker Nancy Pelosi Nancy PelosiHoyer: House should vote on COVID-19 aid — with or without a bipartisan deal Ruth Bader Ginsburg lies in repose at Supreme Court McCarthy threatens motion to oust Pelosi if she moves forward with impeachment MORE (D-Calif.) and other Democratic leaders, as it will highlight the stark divisions in their diverse caucus over the thorny issue of Israel and U.S. foreign policy toward their long-standing ally in the Middle East.

GOP leaders are already seeking to exploit that divide, having introduced a discharge petition earlier in the year to force Rubio's anti-boycott bill to the House floor. That measure has no chance of winning enough signatures to force a vote in the Democratically controlled chamber.

But Republicans are hoping to keep Israel-related issues in the headlines as they bash Democrats for defending recent comments from Tlaib related to the Holocaust.

Hoyer, a staunch Israel supporter, has opposed the BDS movement, citing the economic harm it could impose on "a very strong ally of the United States." But he dismissed the GOP discharge petition as a political stunt.

"[It] is more about politics than it is about the substance of the issue," he said.

Hoyer, who had defended Tlaib from the GOP attacks earlier in the week, also went after Republican leaders, accusing them of twisting the words of the Michigan freshman for political gain.

"They are trying to use it as a political wedge, and what the Speaker and I both thought — and I still think — is that the remarks were not anti-Semitic," Hoyer said. "That doesn't mean we agreed with all the remarks, but they were not anti-Semitic."