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Bill > S1529


US S1529

US S1529
Supporting Victims of Iranian Terrorism Act of 2019


summary

Introduced
05/16/2019
In Committee
05/16/2019
Crossed Over
Passed
Dead
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)

Last Action

Read twice and referred to the Committee on Foreign Relations. (on 05/16/2019)

bill text


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