A bill to amend the Justice for United States Victims of State Sponsored Terrorism Act to provide rules for payments to Havlish Settling Judgment Creditors.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This bill amends the Justice for United States Victims of State Sponsored Terrorism Act to create a specific process for paying judgment creditors identified as ‘Havlish Settling Judgment Creditors.’ These creditors have claims related to the September 11, 2001, attacks and were previously involved in a legal proceeding. The bill ensures that these creditors can participate in future payment rounds and that funds previously held in escrow for them are released.
Key provisions
- Creates a category of ‘Havlish Settling Judgment Creditors’ based on a specific legal proceeding.
- Excludes previously elected claimants and those with assets tied to identified individuals from this new payment process.
- Requires the release of funds currently held in escrow for Havlish Settling Judgment Creditors.
- Allows Havlish Settling Judgment Creditors to participate in future payment rounds like other victims.
- Defines ‘Havlish Settling Judgment Creditor’ based on a 2014 court order.
Who is affected
- Victims of the September 11, 2001, terrorist attacks
- Havlish Settling Judgment Creditors
- Legal professionals involved in the 650 Fifth Avenue case
Notable changes
- Introduces a new category of claimants with specific eligibility requirements.
- Provides a mechanism for releasing previously held funds for a specific group of creditors.
Bill text
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Sponsors
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2 on record
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