HR 8419
American Victims of Terrorism Compensation Act
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Bill overview
This bill, the American Victims of Terrorism Compensation Act, amends the Justice for United States Victims of State Sponsored Terrorism Act to ensure consistent and meaningful payments to U.S. victims of state-sponsored terrorism. Specifically, it directs the transfer of certain forfeited assets, including funds from the Binance Holdings Limited criminal case, into the Victims Fund. The bill also establishes deadlines for distributing fifth-round payments and outlines a process for annual general distributions to eligible claimants. Finally, it strengthens reporting requirements for the fund’s activity and includes a review by the Government Accountability Office.
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