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Securing Compensation and Annual Payments for US Victims of State-Sponsored Terrorism.

This Act ensures consistent and substantial compensation for US victims of state-sponsored terrorism by securing major new funding sources for the Victims Fund. It mandates the transfer of large criminal fines, including funds from the Binance case, and portions of excess balances from government forfeiture funds. This establishes a reliable, annual payment schedule for eligible claimants starting in 2025.
Key points
Establishes mandatory annual compensation payments for terrorism victims starting January 1, 2025.
Directs significant new funds, including the $898 million fine from the Binance case, into the Victims of State Sponsored Terrorism Fund.
Requires that all future criminal fines and 75% of civil fines related to state sponsors of terrorism be deposited into the Fund.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_8419
Sponsor: Rep. Lawler, Michael [R-NY-17]
Process start date: 2024-05-16
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

American Victims of Terrorism Compensation Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8419.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-05-16.

What are the main provisions?

Key points include:

  • Establishes mandatory annual compensation payments for terrorism victims starting January 1, 2025.
  • Directs significant new funds, including the $898 million fine from the Binance case, into the Victims of State Sponsored Terrorism Fund.
  • Requires that all future criminal fines and 75% of civil fines related to state sponsors of terrorism be deposited into the Fund.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lawler, Michael [R-NY-17].

What is the latest detailed status?

The latest detailed status is: Ordered to be Reported (Amended) by Voice Vote.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Security Courts and Law