What is the official ID of this bill?
The official print number for this legislation is S 5156.
Terrorism Victims Support: New Compensation Payment Rules
This act amends the process for compensating victims of state-sponsored terrorism, including those affected by the 1983 Beirut bombing. It allocates additional funds and streamlines the application process to ensure victims receive their due payments more promptly. This means individuals impacted by terrorism can expect fairer and more timely financial assistance.
Key points
Victims of the 1983 Beirut bombing have 180 days from the act's enactment to submit compensation applications.
A mechanism for lump sum catch-up payments for Beirut bombing victims is introduced to equalize their compensation percentage with other terrorism victims.
A special reserve fund of $3 billion is established for catch-up payments to Beirut bombing victims.
Increased personnel resources are allocated to the Department of Justice to process compensation claims.
Funding sources for the compensation fund are expanded to include criminal and civil penalties related to state sponsors of terrorism.
Status:
Expired
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