ment of this Act, amounts from the Fund shall 
be paid to the heirs at law as determined by the 
intestacy laws of the State of the deceased 
former hostage at the time of death of the de-
ceased former hostage. 
(C) To each spouse of a former hostage 
identified as a member of the proposed class de-
scribed in subsection (b)(1) if the spouse is 
identified as a member of that proposed class, 
$600,000. 
(D) To the estate of each deceased spouse 
of a former hostage identified as a member of 
the proposed class described in subsection 
(b)(1) if the spouse is identified as a member 
of that proposed class, $600,000. 
(E) To each child of a former hostage 
identified as a member of the proposed class de-
scribed in subsection (b)(1) if the child is iden-
tified as a member of that proposed class, 
$600,000. 
(F) To the estate of each deceased child of 
a former hostage identified as a member of the 
proposed class described in subsection (b)(1) if 
the child is identified as a member of that pro-
posed class, $600,000. 
VerDate Sep 11 2014 
03:59 Aug 05, 2015
Jkt 049200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H3338.IH
H3338
smartinez on DSK4TPTVN1PROD with BILLS
(3) PRIORITY.—Payments from the Fund shall 
be distributed under paragraph (2) in the following 
order: 
(A) First, to each living former hostage de-
scribed in paragraph (2)(A). 
(B) Second, to the estate of each deceased 
former 
hostage 
described 
in 
paragraph 
(2)(B)(i). 
(C) Third, to each spouse of a former hos-
tage described in paragraph (2)(C). 
(D) Fourth, to the estate of each deceased 
spouse of a former hostage described in para-
graph (2)(D). 
(E) Fifth, to each child of a former hos-
tage described in paragraph (2)(E). 
(F) Sixth, to the estate of each deceased 
child of a former hostage described in para-
graph (2)(F). 
(G) Seventh, to the heirs at law of the es-
tate of each deceased former hostage described 
in paragraph (2)(B)(ii). 
(4) CONSENT OF RECIPIENT.—A payment to a 
recipient from the Fund under paragraph (2) shall 
be made only after receiving the consent of the re-
cipient. 
VerDate Sep 11 2014 
03:59 Aug 05, 2015
Jkt 049200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H3338.IH
H3338
smartinez on DSK4TPTVN1PROD with BILLS
(e) PRECLUSION OF FUTURE ACTIONS AND RELEASE 
OF CLAIMS.— 
(1) PRECLUSION OF FUTURE ACTIONS.—A re-
cipient of a payment under subsection (d) may not 
file or maintain an action against Iran in any Fed-
eral or State court for any claim relating to the 
events described in subsection (b)(2). 
(2) RELEASE OF ALL CLAIMS.—Upon the pay-
ment of all amounts described in subsection (d)(2) 
to all recipients described in that subsection, all 
claims against Iran relating to the events described 
in subsection (b)(2) shall be deemed waived and for-
ever released. 
(f) DEPOSIT
OF REMAINING FUNDS INTO
THE 
TREASURY.— 
(1) IN GENERAL.—Any amounts remaining in 
the Fund after the date specified in paragraph (2) 
shall be deposited in the general fund of the Treas-
ury. 
(2) DATE
SPECIFIED.—The date specified in 
this paragraph is the later of— 
(A) the date on which all amounts de-
scribed in subsection (d)(2) have been made to 
all recipients described in that subsection; or 
VerDate Sep 11 2014 
03:59 Aug 05, 2015
Jkt 049200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H3338.IH
H3338
smartinez on DSK4TPTVN1PROD with BILLS
(B) the date that is 5 years after the date 
of the enactment of this Act. 
(g) NO JUDICIAL REVIEW.—Decisions made under 
this Act shall not be subject to review in any judicial, ad-
ministrative, or other proceeding. 
(h) TAX TREATMENT OF PAYMENTS.— 
(1) INDIVIDUALS.—In the case of an individual 
described in subsection (d)(2) who receives a pay-
ment pursuant to this Act, such payment shall not 
be subject to any tax under subtitle A of the Inter-
nal Revenue Code of 1986 (relating to income 
taxes). 
(2) ESTATES.—In the case of an estate de-
scribed in subsection (d)(2) that receives a payment 
pursuant to this Act, a transfer of such payment by 
the estate shall not be subject to any tax imposed 
by chapter 11 of such Code (relating to estate tax) 
or chapter 13 of such Code (relating to tax on gen-
eration-skipping transfers). 
(i) REPORT TO CONGRESS ON COMPLETION OF PAY-
MENTS.—Not later than 60 days after determining that 
a law or regulation specified in subsection (c)(1)(B) is ter-
minated or suspended or that amounts in the Fund will 
be insufficient for the payment of all amounts described 
in subsection (d)(2) to all recipients described in that sub-
VerDate Sep 11 2014 
03:59 Aug 05, 2015
Jkt 049200
PO 00000
Frm 00010
Fmt 6652
Sfmt 6201
E:\BILLS\H3338.IH
H3338
smartinez on DSK4TPTVN1PROD with BILLS
section by the date that is 444 days after the date of the 
enactment of this Act, the Secretary of State shall submit 
to Congress recommendations to expedite the completion 
of the payment of those amounts. 
Æ 
VerDate Sep 11 2014 
03:59 Aug 05, 2015
Jkt 049200
PO 00000
Frm 00011
Fmt 6652
Sfmt 6301
E:\BILLS\H3338.IH
H3338
smartinez on DSK4TPTVN1PROD with BILLS