I 

113TH CONGRESS 

2D SESSION H. R. 5367 

To amend the Terrorism Risk Insurance Act of 2002 to allow for the use 

of certain assets of foreign entities to satisfy certain judgments against 

terrorist parties, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JULY 31, 2014 

Mr. POSEY (for himself, Mr. HUIZENGA of Michigan, Mr. MULVANEY, and Mr. 

WESTMORELAND) introduced the following bill; which was referred to the 

Committee on the Judiciary 

A BILL 

To amend the Terrorism Risk Insurance Act of 2002 to 

allow for the use of certain assets of foreign entities 

to satisfy certain judgments against terrorist parties, 

and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Bank Account Seizure 

5 of Terrorist Assets Act’’ or ‘‘BASTA Act’’. 


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1 SEC. 2. USE OF CERTAIN ASSETS TO SATISFY JUDGMENTS 

2 AGAINST TERRORIST PARTIES. 

3 (a) IN GENERAL.—Section 201(a) of the Terrorism 

4 Risk Insurance Act of 2002 (28 U.S.C. 1610 note) is 

5 amended by adding at the end the following: ‘‘For pur6 poses of this section, the blocked assets of a terrorist party 

7 are subject to execution or attachment in aid of execution 

8 in order to satisfy such judgment regardless of whether 

9 the terrorist party ceases to be a terrorist party after such 

10 judgment is entered.’’. 

11 (b) DEFINITIONS.—Section 201(d) of the Terrorism 

12 Risk Insurance Act of 2002 (28 U.S.C. 1610 note) is 

13 amended— 

14 (1) in paragraph (2)— 

15 (A) in the matter preceding subparagraph 

16 (A), by striking ‘‘means’’; 

17 (B) by amending paragraph (2)(A) to read 

18 as follows: 

19 ‘‘(A) means any asset seized or frozen by 

20 the United States under section 5(b) of the 

21 Trading With the Enemy Act (50 U.S.C. App. 

22 5(b)), under sections 202 and 203 of the Inter23 national Emergency Economic Powers Act (50 

24 U.S.C. 1701; 1702), or under section 805(b) of 

25 the Foreign Narcotics Kingpin Designation Act 

26 (21 U.S.C. 1904(b)); and’’; 


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1 (2) by redesignating paragraph (4) as para2 graph (5); and 

3 (3) by inserting after paragraph (3) the fol4 lowing: 

5 ‘‘(4) PERSON.—In subsection (a), the term 

6 ‘person’ means a person who, at the time the act of 

7 terrorism described in subsection (a) was committed 

8 upon which the judgment described in such sub9 section was obtained by that person, was either— 

10 ‘‘(A) a national of the United States as de11 fined in section 101(a)(22) of the Immigration 

12 and Nationality Act (8 U.S.C. 1101(a)(22)); 

13 ‘‘(B) a member of the Armed Forces of the 

14 United States; or 

15 ‘‘(C) otherwise an employee of the Govern16 ment of the United States, or of an individual 

17 performing a contract awarded by the United 

18 States Government, acting within the scope of 

19 the employee’s employment.’’. 

20 SEC. 3. EFFECTIVE DATE. 

21 The amendments made by this Act apply to any judg22 ment entered before, on, or after the date of the enactment 

23 of this Act. 

Æ 


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