Bill > HR2493

This bill, the Holocaust Insurance Accountability Act of 2021, aims to provide restoration of legal rights for claimants under Holocaust-era insurance policies. It creates a new federal private cause of action and subject matter jurisdiction to allow beneficiaries of such policies, many of whom are US citizens, to file suits in US courts to recover proceeds, despite previous judgments or settlements that had concluded such claims were preempted by executive branch foreign policy. The bill also establishes a 10-year statute of limitations for such claims and seeks to prevent executive agreements or foreign policies from superseding or preempting applicable state laws related to these insurance policies.