summary
Introduced
05/16/2019
05/16/2019
In Committee
05/16/2019
05/16/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to make additional financial assets of the Government of Iran available to pay compensatory damages to the victims of terrorism sponsored by that Government, and for other purposes. This bill authorizes jurisdiction over certain Iranian assets so that judgments against Iran for the 1983 bombing of the U.S. Marine barracks in Beirut, Lebanon, may be collected by the victims' families. Specifically, the bill establishes personal jurisdiction for the U.S. District Court for the Southern District of New York over Iranian funds held outside the United States by any foreign securities intermediary.
AI Summary
This bill authorizes jurisdiction over certain Iranian assets so that judgments against Iran for the 1983 bombing of the U.S. Marine barracks in Beirut, Lebanon, may be collected by the victims' families. Specifically, the bill establishes personal jurisdiction for the U.S. District Court for the Southern District of New York over Iranian funds held outside the United States by any foreign securities intermediary. The bill aims to make additional financial assets of the Government of Iran available to pay compensatory damages to the victims of terrorism sponsored by that government.
Committee Categories
Government Affairs
Sponsors (9)
Tom Cotton (R)*,
John Cornyn (R),
Ted Cruz (R),
James Inhofe (R),
Johnny Isakson (R),
Doug Jones (D),
Jacky Rosen (D),
Marco Rubio (R),
Sheldon Whitehouse (D),
Last Action
Read twice and referred to the Committee on Foreign Relations. (on 05/16/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/1529/all-info |
| BillText | https://www.congress.gov/116/bills/s1529/BILLS-116s1529is.pdf |
| Bill | https://www.congress.gov/116/bills/s1529/BILLS-116s1529is.pdf.pdf |
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