1 | 1 | | II |
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2 | 2 | | 119THCONGRESS |
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3 | 3 | | 1 |
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4 | 4 | | STSESSION S. 706 |
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5 | 5 | | To amend the Justice for United States Victims of State Sponsored Terrorism |
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6 | 6 | | Act to clarify and supplement the funding sources for United States |
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7 | 7 | | victims of state-sponsored terrorism to ensure consistent and meaningful |
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8 | 8 | | distributions from the United States Victims of State Sponsored Ter- |
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9 | 9 | | rorism Fund, and for other purposes. |
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10 | 10 | | IN THE SENATE OF THE UNITED STATES |
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11 | 11 | | FEBRUARY25, 2025 |
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12 | 12 | | Mr. C |
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13 | 13 | | ORNYN(for himself, Mr. BLUMENTHAL, Mr. CRAMER, Mr. SCHUMER, |
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14 | 14 | | and Mr. S |
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15 | 15 | | CHIFF) introduced the following bill; which was read twice and |
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16 | 16 | | referred to the Committee on the Judiciary |
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17 | 17 | | A BILL |
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18 | 18 | | To amend the Justice for United States Victims of State |
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19 | 19 | | Sponsored Terrorism Act to clarify and supplement the |
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20 | 20 | | funding sources for United States victims of state-spon- |
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21 | 21 | | sored terrorism to ensure consistent and meaningful dis- |
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22 | 22 | | tributions from the United States Victims of State Spon- |
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23 | 23 | | sored Terrorism Fund, and for other purposes. |
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24 | 24 | | Be it enacted by the Senate and House of Representa-1 |
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25 | 25 | | tives of the United States of America in Congress assembled, 2 |
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26 | 26 | | SECTION 1. SHORT TITLE. 3 |
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27 | 27 | | This Act may be cited as the ‘‘American Victims of 4 |
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28 | 28 | | Terrorism Compensation Act’’. 5 |
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30 | 30 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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31 | 31 | | •S 706 IS |
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32 | 32 | | SEC. 2. TRANSFER OF CERTAIN FUNDS INTO UNITED 1 |
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33 | 33 | | STATES VICTIMS OF STATE SPONSORED TER-2 |
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34 | 34 | | RORISM FUND. 3 |
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35 | 35 | | (a) I |
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36 | 36 | | NGENERAL.—Section 404 of the Justice for 4 |
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37 | 37 | | United States Victims of State Sponsored Terrorism Act 5 |
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38 | 38 | | (34 U.S.C. 20144) is amended— 6 |
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39 | 39 | | (1) in subsection (d)(4), by adding at the end 7 |
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40 | 40 | | the following: 8 |
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41 | 41 | | ‘‘(E) F |
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42 | 42 | | IFTH-ROUND PAYMENTS .—All fifth- 9 |
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43 | 43 | | round payments required to be authorized by 10 |
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44 | 44 | | the Special Master on or before January 1, 11 |
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45 | 45 | | 2025, shall be distributed to eligible claimants 12 |
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46 | 46 | | not later than March 14, 2025, or, if an eligible 13 |
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47 | 47 | | claimant has not provided the Special Master 14 |
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48 | 48 | | with the payment information required for dis-15 |
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49 | 49 | | tribution, as soon as practicable after the date 16 |
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50 | 50 | | of receipt by the Special Master of such infor-17 |
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51 | 51 | | mation.’’; and 18 |
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52 | 52 | | (2) in subsection (e)(2), by adding at the end 19 |
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53 | 53 | | the following: 20 |
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54 | 54 | | ‘‘(C) C |
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55 | 55 | | ERTAIN ASSIGNED AND FORFEITED 21 |
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56 | 56 | | ASSETS.— 22 |
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57 | 57 | | ‘‘(i) B |
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58 | 58 | | INANCE HOLDINGS LIMITED .— 23 |
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59 | 59 | | ‘‘(I) I |
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60 | 60 | | N GENERAL.— 24 |
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61 | 61 | | ‘‘(aa) A |
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62 | 62 | | LREADY DEPOS -25 |
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63 | 63 | | ITED.—The sum of 26 |
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65 | 65 | | ssavage on LAPJG3WLY3PROD with BILLS 3 |
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66 | 66 | | •S 706 IS |
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67 | 67 | | $898,619,225, corresponding to 1 |
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68 | 68 | | the funds, and the net proceeds 2 |
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69 | 69 | | from the sale of property, for-3 |
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70 | 70 | | feited to the United States from 4 |
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71 | 71 | | or in connection with the plea 5 |
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72 | 72 | | agreement in the proceedings 6 |
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73 | 73 | | captioned as United States v. 7 |
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74 | 74 | | Binance Holdings Limited, No. 8 |
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75 | 75 | | 2:23–cr–00178 (RAJ) (W.D. 9 |
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76 | 76 | | Wash. filed Nov. 14, 2023), al-10 |
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77 | 77 | | ready deposited into the Fund. 11 |
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78 | 78 | | ‘‘(bb) A |
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79 | 79 | | DDITIONAL 12 |
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80 | 80 | | FUNDS.—The sum of 13 |
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81 | 81 | | $1,912,031,763, corresponding to 14 |
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82 | 82 | | a portion of the funds, and the 15 |
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83 | 83 | | net proceeds from the sale of 16 |
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84 | 84 | | property, forfeited or paid to the 17 |
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85 | 85 | | United States arising from or in 18 |
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86 | 86 | | connection with the proceedings 19 |
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87 | 87 | | described in item (aa) or any re-20 |
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88 | 88 | | lated civil or administrative pro-21 |
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89 | 89 | | ceedings. 22 |
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90 | 90 | | ‘‘(cc) I |
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91 | 91 | | NTEREST.—All inter-23 |
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92 | 92 | | est earned on the amounts de-24 |
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93 | 93 | | scribed in item (aa) or (bb) from 25 |
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95 | 95 | | ssavage on LAPJG3WLY3PROD with BILLS 4 |
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96 | 96 | | •S 706 IS |
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97 | 97 | | the date of such forfeiture or 1 |
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98 | 98 | | payment. 2 |
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99 | 99 | | ‘‘(II) D |
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100 | 100 | | EPOSIT IN CVF .—The 3 |
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101 | 101 | | sum of $1,505,475,575, from the 4 |
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102 | 102 | | funds, and the net proceeds from the 5 |
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103 | 103 | | sale of property, paid to the United 6 |
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104 | 104 | | States arising from or in connection 7 |
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105 | 105 | | with proceedings described in sub-8 |
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106 | 106 | | clause (I)(aa) shall be deposited into 9 |
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107 | 107 | | the Crime Victims Fund established 10 |
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108 | 108 | | under section 1402 of the Victims of 11 |
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109 | 109 | | Crime Act of 1984 (34 U.S.C. 12 |
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110 | 110 | | 20101). 13 |
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111 | 111 | | ‘‘(III) T |
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112 | 112 | | IMING.—An agency of 14 |
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113 | 113 | | the United States shall deposit or 15 |
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114 | 114 | | transfer into the Fund any amount 16 |
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115 | 115 | | paid by a defendant in such pro-17 |
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116 | 116 | | ceedings that is required to be depos-18 |
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117 | 117 | | ited into the Fund pursuant to sub-19 |
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118 | 118 | | clause (I), plus any interest thereon, 20 |
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119 | 119 | | not later than the later of— 21 |
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120 | 120 | | ‘‘(aa) 30 days after the re-22 |
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121 | 121 | | ceipt of such amount by the 23 |
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122 | 122 | | agency; or 24 |
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124 | 124 | | ssavage on LAPJG3WLY3PROD with BILLS 5 |
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125 | 125 | | •S 706 IS |
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126 | 126 | | ‘‘(bb) 15 days after the date 1 |
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127 | 127 | | of enactment of this subpara-2 |
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128 | 128 | | graph. 3 |
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129 | 129 | | ‘‘(ii) D |
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130 | 130 | | OJ ASSETS FORFEITURE 4 |
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131 | 131 | | FUND.— 5 |
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132 | 132 | | ‘‘(I) I |
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133 | 133 | | N GENERAL.—Fifty percent 6 |
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134 | 134 | | of the excess unobligated balance, as 7 |
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135 | 135 | | defined in section 524(c)(8) of title 8 |
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136 | 136 | | 28, United States Code, of the De-9 |
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137 | 137 | | partment of Justice Assets Forfeiture 10 |
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138 | 138 | | Fund established under 524(c)(1) of 11 |
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139 | 139 | | that title, determined on the later of 12 |
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140 | 140 | | January 31, or the date of enactment 13 |
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141 | 141 | | of a final appropriations Act for each 14 |
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142 | 142 | | fiscal year, to be transferred annually 15 |
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143 | 143 | | thereafter not later than 30 days after 16 |
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144 | 144 | | the date of such determination, plus 17 |
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145 | 145 | | 50 percent of any interest amount 18 |
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146 | 146 | | earned on the investment of any bal-19 |
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147 | 147 | | ance of the Assets Forfeiture Fund as 20 |
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148 | 148 | | of that date. 21 |
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149 | 149 | | ‘‘(II) T |
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150 | 150 | | RANSFERS.—No transfer 22 |
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151 | 151 | | pursuant to this subparagraph shall 23 |
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152 | 152 | | count against any limitation on the 24 |
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153 | 153 | | use of the excess unobligated balances 25 |
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156 | 156 | | •S 706 IS |
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157 | 157 | | described in subclause (I) as provided 1 |
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158 | 158 | | in an annual appropriations Act or 2 |
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159 | 159 | | other legislation. 3 |
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160 | 160 | | ‘‘(III) E |
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161 | 161 | | XCLUSION OF RESCIS -4 |
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162 | 162 | | SIONS FOR FISCAL YEAR AFTER DE -5 |
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163 | 163 | | TERMINATION OF AMOUNT .—For pur-6 |
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164 | 164 | | poses of subclause (I), the amount of 7 |
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165 | 165 | | the unobligated balance of the Depart-8 |
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166 | 166 | | ment of Justice Asset Forfeiture 9 |
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167 | 167 | | Fund, as of September 30 of a fiscal 10 |
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168 | 168 | | year, shall be determined without re-11 |
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169 | 169 | | gard to any rescission of amounts in 12 |
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170 | 170 | | the fund for the next fiscal year in-13 |
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171 | 171 | | cluded in an appropriation Act re-14 |
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172 | 172 | | ferred to in section 105 of title 1, 15 |
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173 | 173 | | United States Code, including any an-16 |
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174 | 174 | | ticipated or potential rescission and 17 |
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175 | 175 | | any rescission given continuing effect 18 |
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176 | 176 | | for such next fiscal year under an Act 19 |
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177 | 177 | | making continuing appropriations for 20 |
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178 | 178 | | such next fiscal year. 21 |
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179 | 179 | | ‘‘(iii) T |
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180 | 180 | | REASURY FORFEITURE 22 |
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181 | 181 | | FUND.— 23 |
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182 | 182 | | ‘‘(I) I |
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183 | 183 | | N GENERAL.—Fifty percent 24 |
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184 | 184 | | of the excess unobligated balance of 25 |
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186 | 186 | | ssavage on LAPJG3WLY3PROD with BILLS 7 |
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187 | 187 | | •S 706 IS |
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188 | 188 | | the Department of the Treasury For-1 |
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189 | 189 | | feiture Fund established under section 2 |
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190 | 190 | | 9705 of title 31, United States Code, 3 |
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191 | 191 | | determined on the later of January 4 |
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192 | 192 | | 31, or the date of enactment of a final 5 |
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193 | 193 | | appropriations Act for each fiscal 6 |
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194 | 194 | | year, to be transferred annually there-7 |
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195 | 195 | | after not later than 30 days after 8 |
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196 | 196 | | such determination, plus 50 percent of 9 |
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197 | 197 | | any interest amount earned on the in-10 |
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198 | 198 | | vestment of any balance of the Treas-11 |
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199 | 199 | | ury Forfeiture Fund as of that date. 12 |
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200 | 200 | | ‘‘(II) T |
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201 | 201 | | RANSFERS.—No transfer 13 |
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202 | 202 | | pursuant to this subparagraph shall 14 |
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203 | 203 | | count against any limitation on the 15 |
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204 | 204 | | use of excess unobligated balances de-16 |
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205 | 205 | | scribed in subclause (I) as provided in 17 |
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206 | 206 | | an annual appropriations Act or other 18 |
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207 | 207 | | legislation. 19 |
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208 | 208 | | ‘‘(III) D |
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209 | 209 | | EFINITION OF EXCESS 20 |
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210 | 210 | | UNOBLIGATED BALANCE .— 21 |
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211 | 211 | | ‘‘(aa) I |
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212 | 212 | | N GENERAL.—In this 22 |
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213 | 213 | | clause, the term ‘excess unobli-23 |
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214 | 214 | | gated balance’ means the dif-24 |
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215 | 215 | | ference between— 25 |
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217 | 217 | | ssavage on LAPJG3WLY3PROD with BILLS 8 |
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218 | 218 | | •S 706 IS |
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219 | 219 | | ‘‘(AA) the unobligated 1 |
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220 | 220 | | balance of the Department 2 |
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221 | 221 | | of the Treasury Forfeiture 3 |
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222 | 222 | | Fund, as of September 30 of 4 |
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223 | 223 | | the fiscal year before the 5 |
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224 | 224 | | date specified in subclause 6 |
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225 | 225 | | (I); and 7 |
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226 | 226 | | ‘‘(BB) the amount that 8 |
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227 | 227 | | is required to be retained in 9 |
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228 | 228 | | the Department of the 10 |
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229 | 229 | | Treasury Forfeiture Fund to 11 |
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230 | 230 | | ensure the availability of 12 |
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231 | 231 | | amounts in the fiscal year 13 |
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232 | 232 | | after the fiscal year de-14 |
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233 | 233 | | scribed in subitem (AA) for 15 |
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234 | 234 | | the purposes for which 16 |
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235 | 235 | | amounts in the fund are au-17 |
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236 | 236 | | thorized to be used. 18 |
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237 | 237 | | ‘‘(bb) E |
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238 | 238 | | XCLUSION OF RE -19 |
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239 | 239 | | SCISSIONS FOR FISCAL YEAR 20 |
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240 | 240 | | AFTER DETERMINATION OF 21 |
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241 | 241 | | AMOUNT.—For purposes of sub-22 |
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242 | 242 | | clause (I), the amount of the un-23 |
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243 | 243 | | obligated balance of the Depart-24 |
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244 | 244 | | ment of the Treasury Forfeiture 25 |
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246 | 246 | | ssavage on LAPJG3WLY3PROD with BILLS 9 |
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247 | 247 | | •S 706 IS |
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248 | 248 | | Fund, as of September 30 of a 1 |
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249 | 249 | | fiscal year, shall be determined 2 |
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250 | 250 | | without regard to any rescission 3 |
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251 | 251 | | of amounts in the fund for the 4 |
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252 | 252 | | next fiscal year included in an 5 |
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253 | 253 | | appropriation Act referred to in 6 |
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254 | 254 | | section 105 of title 1, United 7 |
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255 | 255 | | States Code, including any antici-8 |
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256 | 256 | | pated or potential rescission and 9 |
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257 | 257 | | any rescission given continuing 10 |
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258 | 258 | | effect for such next fiscal year 11 |
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259 | 259 | | under an Act making continuing 12 |
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260 | 260 | | appropriations for such next fis-13 |
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261 | 261 | | cal year. 14 |
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262 | 262 | | ‘‘(D) I |
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263 | 263 | | NTEREST.—All interest earned on 15 |
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264 | 264 | | any amount deposited or to be deposited into 16 |
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265 | 265 | | the Fund pursuant to this section, the Amer-17 |
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266 | 266 | | ican Victims of Terrorism Compensation Act, or 18 |
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267 | 267 | | an amendment made by that Act, following re-19 |
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268 | 268 | | ceipt of such amount by any agency of the 20 |
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269 | 269 | | United States, including all interest earned on 21 |
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270 | 270 | | the amounts described in subparagraph 22 |
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271 | 271 | | (C)(i).’’. 23 |
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272 | 272 | | (b) R |
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273 | 273 | | ULE OF CONSTRUCTION.—Nothing in the 24 |
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274 | 274 | | amendments made by subsection (a) shall be construed to 25 |
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276 | 276 | | ssavage on LAPJG3WLY3PROD with BILLS 10 |
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277 | 277 | | •S 706 IS |
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278 | 278 | | harm, jeopardize, or impair any amounts previously identi-1 |
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279 | 279 | | fied for equitable sharing with law enforcement or to limit 2 |
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280 | 280 | | the right of a direct crime victim to receive restitution or-3 |
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281 | 281 | | dered by a court before the date of enactment of this Act 4 |
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282 | 282 | | with respect to any offense in a matter or proceeding from 5 |
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283 | 283 | | which amounts are to be deposited into the Fund pursuant 6 |
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284 | 284 | | to the amendments made by subsection (a). 7 |
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285 | 285 | | SEC. 3. TIMING OF DEPOSIT OF PENALTIES AND FINES 8 |
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286 | 286 | | INTO THE UNITED STATES VICTIMS OF STATE 9 |
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287 | 287 | | SPONSORED TERRORISM FUND. 10 |
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288 | 288 | | (a) F |
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289 | 289 | | ORFEITEDFUNDS AND PROPERTY.—Section 11 |
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290 | 290 | | 404(e)(2)(A) of the Justice for United States Victims of 12 |
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291 | 291 | | State Sponsored Terrorism Act (34 U.S.C. 13 |
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292 | 292 | | 20144(e)(2)(A)) is amended— 14 |
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293 | 293 | | (1) in clause (i), by striking ‘‘forfeited or’’; 15 |
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294 | 294 | | (2) in clause (ii), by striking ‘‘forfeited or’’; and 16 |
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295 | 295 | | (3) by adding at the end the following: 17 |
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296 | 296 | | ‘‘(iii) F |
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297 | 297 | | ORFEITURES.— 18 |
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298 | 298 | | ‘‘(I) I |
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299 | 299 | | N GENERAL.—All funds, 19 |
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300 | 300 | | and the net proceeds from the sale of 20 |
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301 | 301 | | property, forfeited to the United 21 |
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302 | 302 | | States after the date of enactment of 22 |
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303 | 303 | | the American Victims of Terrorism 23 |
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304 | 304 | | Compensation Act, in a matter or pro-24 |
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305 | 305 | | ceeding arising from a violation of any 25 |
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307 | 307 | | ssavage on LAPJG3WLY3PROD with BILLS 11 |
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308 | 308 | | •S 706 IS |
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309 | 309 | | license, order, regulation or prohibi-1 |
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310 | 310 | | tion issued under the International 2 |
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311 | 311 | | Emergency Economic Powers Act (50 3 |
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312 | 312 | | U.S.C. 1701 et seq.) or the Trading 4 |
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313 | 313 | | with the Enemy Act (50 U.S.C. App. 5 |
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314 | 314 | | 1 et seq.) and all funds, and the net 6 |
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315 | 315 | | proceeds from the sale of property, 7 |
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316 | 316 | | forfeited to the United States after 8 |
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317 | 317 | | the date of enactment of the Amer-9 |
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318 | 318 | | ican Victims of Terrorism Compensa-10 |
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319 | 319 | | tion Act, in a matter or proceeding in-11 |
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320 | 320 | | volving, or relating to, or arising from 12 |
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321 | 321 | | the actions of, or doing business with, 13 |
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322 | 322 | | or acting on behalf of, a state sponsor 14 |
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323 | 323 | | of terrorism, without regard to the 15 |
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324 | 324 | | nature of the offense. 16 |
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325 | 325 | | ‘‘(II) S |
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326 | 326 | | COPE.—All funds and net 17 |
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327 | 327 | | proceeds described in this clause shall 18 |
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328 | 328 | | be deposited or transferred into the 19 |
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329 | 329 | | Fund if the state sponsor of terrorism 20 |
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330 | 330 | | was so designated at the time of the 21 |
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331 | 331 | | penalty or fine, at any time during the 22 |
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332 | 332 | | course of any related legal pro-23 |
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333 | 333 | | ceedings, or at the time of any related 24 |
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334 | 334 | | conduct. 25 |
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337 | 337 | | •S 706 IS |
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338 | 338 | | ‘‘(III) RULES OF CONSTRUC -1 |
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339 | 339 | | TION.—Nothing in this clause shall be 2 |
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340 | 340 | | construed to limit any rights to court- 3 |
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341 | 341 | | ordered restitution of any direct crime 4 |
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342 | 342 | | victim of an offense in a matter or 5 |
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343 | 343 | | proceeding from which amounts are to 6 |
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344 | 344 | | be deposited into the Fund pursuant 7 |
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345 | 345 | | to this subparagraph. Nothing in the 8 |
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346 | 346 | | American Victims of Terrorism Com-9 |
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347 | 347 | | pensation Act or an amendment made 10 |
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348 | 348 | | by that Act that clarifies the scope of 11 |
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349 | 349 | | forfeiture proceeds to be deposited 12 |
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350 | 350 | | into the Fund shall be construed to 13 |
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351 | 351 | | impact the scope or interpretation of 14 |
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352 | 352 | | criminal or civil penalties or fines that 15 |
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353 | 353 | | are required to be deposited into the 16 |
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354 | 354 | | Fund under clauses (i) and (ii) of this 17 |
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355 | 355 | | subparagraph, which scope is the sub-18 |
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356 | 356 | | ject of pending litigation and shall be 19 |
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357 | 357 | | addressed in such litigation or by fu-20 |
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358 | 358 | | ture legislation as warranted, includ-21 |
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359 | 359 | | ing as informed by the report by the 22 |
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360 | 360 | | Comptroller General of the United 23 |
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361 | 361 | | States regarding proceeds available 24 |
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363 | 363 | | ssavage on LAPJG3WLY3PROD with BILLS 13 |
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364 | 364 | | •S 706 IS |
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365 | 365 | | for deposit to the Fund required 1 |
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366 | 366 | | under subsection (b)(1)(A)(v). 2 |
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367 | 367 | | ‘‘(iv) T |
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368 | 368 | | IMING.—An agency of the 3 |
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369 | 369 | | United States shall deposit or transfer into 4 |
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370 | 370 | | the Fund all funds, and the net proceeds 5 |
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371 | 371 | | from the sale of property, forfeited or paid 6 |
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372 | 372 | | to the United States described in this sub-7 |
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373 | 373 | | paragraph not later than the later of— 8 |
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374 | 374 | | ‘‘(I) 60 days after the receipt of 9 |
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375 | 375 | | such amount by the agency; or 10 |
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376 | 376 | | ‘‘(II) 30 days after the date of 11 |
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377 | 377 | | enactment of this clause.’’. 12 |
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378 | 378 | | SEC. 4. ANNUAL PAYMENTS. 13 |
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379 | 379 | | Section 404(d)(4) of the Justice for United States 14 |
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380 | 380 | | Victims of State Sponsored Terrorism Act (34 U.S.C. 15 |
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381 | 381 | | 20144(d)(4)) is amended by striking subparagraph (A) 16 |
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382 | 382 | | and inserting the following: 17 |
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383 | 383 | | ‘‘(A) I |
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384 | 384 | | N GENERAL.—Except as provided in 18 |
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385 | 385 | | subparagraphs (B), (C), and (D), on January 19 |
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386 | 386 | | 1, 2026, and January 1 of each calendar year 20 |
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387 | 387 | | thereafter, the Special Master or the Attorney 21 |
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388 | 388 | | General shall authorize additional payments on 22 |
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389 | 389 | | a pro rata basis to those claimants with eligible 23 |
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390 | 390 | | claims under subsection (c)(2) to include all 24 |
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391 | 391 | | amounts received as of that date by any agency 25 |
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393 | 393 | | ssavage on LAPJG3WLY3PROD with BILLS 14 |
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394 | 394 | | •S 706 IS |
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395 | 395 | | of the United States that qualifies for deposit 1 |
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396 | 396 | | or transfer into the Fund, plus all interest 2 |
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397 | 397 | | earned from the date of receipt of any such 3 |
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398 | 398 | | amounts through the date of deposit or transfer 4 |
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399 | 399 | | into the Fund that has not already been distrib-5 |
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400 | 400 | | uted pursuant to this subsection and is not re-6 |
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401 | 401 | | quired for the payment of administrative costs 7 |
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402 | 402 | | or compensation as set forth in subparagraphs 8 |
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403 | 403 | | (B) and (C) of subsection (b)(1). All authorized 9 |
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404 | 404 | | payments shall be distributed to the eligible 10 |
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405 | 405 | | claimants as soon as practicable in the calendar 11 |
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406 | 406 | | year of authorization, or, if the Special Master 12 |
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407 | 407 | | or Attorney General authorizes payments prior 13 |
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408 | 408 | | to January 1, not later than 1 year after the 14 |
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409 | 409 | | date of such authorization.’’. 15 |
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410 | 410 | | SEC. 5. REPORT OF FUND ACTIVITY. 16 |
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411 | 411 | | Section 404(b)(1)(A) of the Justice for United States 17 |
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412 | 412 | | Victims of State Sponsored Terrorism Act (34 U.S.C. 18 |
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413 | 413 | | 20144(b)(1)(A)) is amended by adding at the end the fol-19 |
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414 | 414 | | lowing: 20 |
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415 | 415 | | ‘‘(iv) A |
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416 | 416 | | TTORNEY GENERAL REPORT .— 21 |
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417 | 417 | | ‘‘(I) R |
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418 | 418 | | EPORT.—On January 31 22 |
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419 | 419 | | of each year, the Special Master shall 23 |
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420 | 420 | | submit to the chairman and ranking 24 |
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421 | 421 | | minority member of the Committee on 25 |
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423 | 423 | | ssavage on LAPJG3WLY3PROD with BILLS 15 |
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424 | 424 | | •S 706 IS |
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425 | 425 | | the Judiciary of the Senate and the 1 |
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426 | 426 | | chairman and ranking minority mem-2 |
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427 | 427 | | ber of the Committee on the Judiciary 3 |
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428 | 428 | | of the House of Representatives a re-4 |
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429 | 429 | | port on the balance and activity of the 5 |
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430 | 430 | | Fund, which shall include— 6 |
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431 | 431 | | ‘‘(aa) the total amount in 7 |
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432 | 432 | | the Fund at the end of the pre-8 |
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433 | 433 | | ceding fiscal year; 9 |
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434 | 434 | | ‘‘(bb) deposits into the Fund 10 |
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435 | 435 | | during the preceding fiscal year 11 |
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436 | 436 | | sufficient to identify the source, 12 |
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437 | 437 | | including, if applicable, the case 13 |
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438 | 438 | | name and the amount of each de-14 |
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439 | 439 | | posit, except to the extent that 15 |
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440 | 440 | | any sealing order requires any 16 |
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441 | 441 | | portion of such information to re-17 |
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442 | 442 | | main confidential; 18 |
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443 | 443 | | ‘‘(cc) disbursements from 19 |
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444 | 444 | | the Fund during the preceding 20 |
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445 | 445 | | fiscal year sufficient to identify 21 |
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446 | 446 | | specific amounts disbursed for 22 |
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447 | 447 | | victim compensation and other 23 |
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448 | 448 | | purposes, including for adminis-24 |
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450 | 450 | | ssavage on LAPJG3WLY3PROD with BILLS 16 |
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451 | 451 | | •S 706 IS |
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452 | 452 | | trative costs and use of Depart-1 |
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453 | 453 | | ment of Justice personnel; 2 |
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454 | 454 | | ‘‘(dd) the amount, and the 3 |
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455 | 455 | | basis for the calculation, of any 4 |
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456 | 456 | | funds deposited into the Fund 5 |
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457 | 457 | | from the Department of Justice 6 |
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458 | 458 | | Assets Forfeiture Fund estab-7 |
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459 | 459 | | lished under 524(c)(1) of title 28, 8 |
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460 | 460 | | United States Code, and the De-9 |
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461 | 461 | | partment of the Treasury For-10 |
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462 | 462 | | feiture Fund established under 11 |
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463 | 463 | | section 9705 of title 31, United 12 |
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464 | 464 | | States Code, in the prior fiscal 13 |
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465 | 465 | | year; 14 |
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466 | 466 | | ‘‘(ee) an explanation of any 15 |
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467 | 467 | | amounts not deposited into the 16 |
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468 | 468 | | Fund as a result of any rule of 17 |
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469 | 469 | | construction pursuant to this Act 18 |
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470 | 470 | | or the American Victims of Ter-19 |
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471 | 471 | | rorism Compensation Act; and 20 |
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472 | 472 | | ‘‘(ff) an explanation of all 21 |
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473 | 473 | | amounts from or relating to 22 |
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474 | 474 | | cases qualifying for deposit under 23 |
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475 | 475 | | this Act that are not deposited 24 |
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476 | 476 | | into the Fund as a result of 25 |
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479 | 479 | | •S 706 IS |
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480 | 480 | | inter-agency credits, administra-1 |
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481 | 481 | | tive costs, or any other reason. 2 |
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482 | 482 | | ‘‘(II) P |
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483 | 483 | | UBLICATION.—Not later 3 |
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484 | 484 | | than March 1 of each year, the Attor-4 |
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485 | 485 | | ney General shall publish the report 5 |
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486 | 486 | | required under subclause (I) on the 6 |
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487 | 487 | | internet website of the Fund. 7 |
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488 | 488 | | ‘‘(v) G |
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489 | 489 | | AO REPORT REGARDING PRO -8 |
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490 | 490 | | CEEDS AVAILABLE FOR DEPOSIT TO THE 9 |
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491 | 491 | | FUND.—Not later than April 1, 2025, the 10 |
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492 | 492 | | Comptroller General of the United States 11 |
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493 | 493 | | shall submit to Congress a report, which 12 |
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494 | 494 | | shall include— 13 |
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495 | 495 | | ‘‘(I) a listing of all funds, and 14 |
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496 | 496 | | the net proceeds from the sale of 15 |
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497 | 497 | | property, forfeited or paid to the 16 |
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498 | 498 | | United States since January 1, 2020, 17 |
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499 | 499 | | in an amount greater than 18 |
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500 | 500 | | $10,000,000 as a criminal penalty or 19 |
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501 | 501 | | fine in any matter, sufficient to iden-20 |
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502 | 502 | | tify the source, including, if applica-21 |
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503 | 503 | | ble, the case name and the amount of 22 |
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504 | 504 | | each forfeiture or payment, except to 23 |
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505 | 505 | | the extent that any sealing order re-24 |
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507 | 507 | | ssavage on LAPJG3WLY3PROD with BILLS 18 |
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508 | 508 | | •S 706 IS |
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509 | 509 | | quires any portion of such information 1 |
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510 | 510 | | to remain confidential; 2 |
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511 | 511 | | ‘‘(II) a listing of all funds, and 3 |
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512 | 512 | | the net proceeds from the sale of 4 |
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513 | 513 | | property, forfeited or paid to the 5 |
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514 | 514 | | United States since January 1, 2020, 6 |
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515 | 515 | | in an amount greater than 7 |
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516 | 516 | | $10,000,000 as a civil penalty or fine 8 |
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517 | 517 | | in any matter, sufficient to identify 9 |
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518 | 518 | | the source, including, if applicable, the 10 |
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519 | 519 | | case name and the amount of each 11 |
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520 | 520 | | forfeiture or payment, except to the 12 |
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521 | 521 | | extent that any sealing order requires 13 |
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522 | 522 | | any portion of such information to re-14 |
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523 | 523 | | main confidential; 15 |
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524 | 524 | | ‘‘(III) an explanation of where 16 |
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525 | 525 | | each amount described in subclause 17 |
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526 | 526 | | (I) or (II) was deposited, including 18 |
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527 | 527 | | deposits into the Fund or the Crime 19 |
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528 | 528 | | Victims Fund, which shall include the 20 |
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529 | 529 | | nature of each such deposit, and the 21 |
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530 | 530 | | statutory basis for each such deposit; 22 |
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531 | 531 | | and 23 |
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534 | 534 | | •S 706 IS |
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535 | 535 | | ‘‘(IV) any interest amount earned 1 |
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536 | 536 | | on each amount described in sub-2 |
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537 | 537 | | clause (I) or (II). 3 |
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538 | 538 | | ‘‘(vi) G |
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539 | 539 | | AO TRIENNIAL REPORT .—Not 4 |
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540 | 540 | | later than January 1, 2027, and every 3 5 |
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541 | 541 | | years thereafter, the Comptroller General 6 |
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542 | 542 | | of the United States shall submit to Con-7 |
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543 | 543 | | gress a report— 8 |
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544 | 544 | | ‘‘(I) evaluating the administra-9 |
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545 | 545 | | tion of the Fund and the sufficiency 10 |
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546 | 546 | | of funding for the Fund; 11 |
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547 | 547 | | ‘‘(II) analyzing funding and pay-12 |
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548 | 548 | | ment trends; and 13 |
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549 | 549 | | ‘‘(III) describing amounts out-14 |
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550 | 550 | | standing and unpaid on eligible claims 15 |
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551 | 551 | | overall, including such amounts 16 |
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552 | 552 | | disaggregated by victim group and by 17 |
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553 | 553 | | when victims entered the Fund.’’. 18 |
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554 | 554 | | SEC. 6. ADMINISTRATIVE COSTS AND USE OF DEPARTMENT 19 |
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555 | 555 | | OF JUSTICE PERSONNEL. 20 |
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556 | 556 | | Section 404(b)(1) of the Justice for United States 21 |
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557 | 557 | | Victims of State Sponsored Terrorism Act (34 U.S.C. 22 |
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558 | 558 | | 20144(b)(1)) is amended by striking subparagraph (B) 23 |
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559 | 559 | | and inserting the following: 24 |
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561 | 561 | | ssavage on LAPJG3WLY3PROD with BILLS 20 |
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562 | 562 | | •S 706 IS |
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563 | 563 | | ‘‘(B) ADMINISTRATIVE COSTS AND USE OF 1 |
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564 | 564 | | DEPARTMENT OF JUSTICE PERSONNEL .—The 2 |
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565 | 565 | | Special Master may utilize, as necessary, no 3 |
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566 | 566 | | more than 10 full-time equivalent Department 4 |
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567 | 567 | | of Justice personnel to assist in carrying out 5 |
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568 | 568 | | the duties of the Special Master under this sec-6 |
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569 | 569 | | tion. Any costs associated with the use of such 7 |
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570 | 570 | | personnel, and any other administrative costs of 8 |
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571 | 571 | | carrying out this section, shall be paid from the 9 |
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572 | 572 | | Fund.’’. 10 |
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573 | 573 | | SEC. 7. ADDITIONAL REPORTS. 11 |
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574 | 574 | | Section 404(d)(4)(D)(iv)(IV) of the Justice for 12 |
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575 | 575 | | United States Victims of State Sponsored Terrorism Act 13 |
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576 | 576 | | (34 U.S.C. 20144(d)(4)(D)(iv)(IV)) is amended by strik-14 |
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577 | 577 | | ing item (bb) and inserting the following: 15 |
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578 | 578 | | ‘‘(bb) R |
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579 | 579 | | EMAINING 16 |
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580 | 580 | | AMOUNTS.—Not later than 30 17 |
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581 | 581 | | days after the date of enactment 18 |
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582 | 582 | | of the American Victims of Ter-19 |
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583 | 583 | | rorism Compensation Act, all 20 |
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584 | 584 | | amounts remaining in the lump 21 |
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585 | 585 | | sum catch-up payment reserve 22 |
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586 | 586 | | fund in excess of the amounts de-23 |
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587 | 587 | | scribed in subclauses (I) and (II) 24 |
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588 | 588 | | of clause (iii) shall be deposited 25 |
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591 | 591 | | •S 706 IS |
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592 | 592 | | into the Fund under this section, 1 |
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593 | 593 | | including all interest earned on 2 |
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594 | 594 | | amounts in the lump sum catch- 3 |
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595 | 595 | | up payment reserve fund. All 4 |
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596 | 596 | | such amounts, including interest, 5 |
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597 | 597 | | shall be included in a supple-6 |
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598 | 598 | | mental fifth-round distribution to 7 |
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599 | 599 | | be authorized by the Special 8 |
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600 | 600 | | Master not later than April 1, 9 |
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601 | 601 | | 2025, and distributed pursuant 10 |
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602 | 602 | | to this section not later than 11 |
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603 | 603 | | June 30, 2025, to all claimants 12 |
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604 | 604 | | for whom the Special Master au-13 |
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605 | 605 | | thorized fifth-round distribu-14 |
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606 | 606 | | tions.’’. 15 |
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607 | 607 | | Æ |
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