ceed $875,000,000 shall be available to pay 
such claims during such 5-year period. 
‘‘(B) FINAL
EXTENDED
PERIOD.—The 
total amount of Federal funds paid for com-
pensation under this title, with respect to 
claims filed during the 5-year period described 
in section 405(a)(3)(B)(ii), shall not exceed 
$2,775,000,000. Of such amounts, not to ex-
ceed $1,400,000,000 shall be available to pay 
such claims during such 5-year period. 
‘‘(2) PRO-RATION AND PAYMENT OF REMAINING 
CLAIMS.— 
‘‘(A) IN
GENERAL.—The Special Master 
shall ratably reduce the amount of compensa-
tion due claimants under this title in a manner 
to ensure, to the extent possible, that— 
‘‘(i) all claimants who, before applica-
tion of the limitation under the second sen-
tence of subparagraph (A) or (B) of para-
graph (1), as applicable, would have been 
determined to be entitled to a payment 
under this title during the applicable 5- 
year period, receive a payment during such 
period; and 
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‘‘(ii) the total amount of all such pay-
ments made during the applicable 5-year 
period do not exceed the amount available 
under the second sentence of subparagraph 
(A) or (B) of paragraph (1), as applicable, 
to pay claims during such period. 
‘‘(B) PAYMENT OF REMAINDER OF CLAIM 
AMOUNTS.— 
‘‘(i) IN
GENERAL.—In any case in 
which the amount of a claim is ratably re-
duced pursuant to subparagraph (A), on or 
after the first day after the 5-year period 
described in subparagraph (A) or (B) of 
paragraph (1), as applicable, but in no 
event later than 1 year after the applicable 
5-year period, the Special Master shall pay 
to the claimant the amount that is equal to 
the difference between— 
‘‘(I) the amount that the claim-
ant would have been paid under this 
title during the applicable 5-year pe-
riod without regard to the limitation 
under the second sentence of subpara-
graph (A) or (B) of paragraph (1) ap-
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plicable to the 5-year period described 
in such applicable subparagraph; and 
‘‘(II) the amount the claimant 
was paid under this title during the 
applicable 5-year period. 
‘‘(ii) PRO RATA DISTRIBUTION.—The 
Special Master shall ratably reduce the 
payments made under this subparagraph 
to ensure that the total amount of pay-
ments made for claims submitted during 
the applicable 5-year period do not exceed 
the limitations under the first sentence of 
paragraph (1)(A) or paragraph (1)(B) as 
applicable. In addition, for payments made 
pursuant to this subparagraph for claims 
submitted during the 5-year period de-
scribed in section 405(a)(3)(B)(ii), the 
Special Master shall, if necessary, reduce 
such payments to ensure that the propor-
tional ratio for such payments does not ex-
ceed the proportional ratio for payments 
made on claims submitted during the 5- 
year 
period 
described 
in 
section 
405(a)(3)(B)(i). 
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‘‘(iii) FINAL
ALLOCATION.—If after 
all payments are made pursuant to sub-
paragraph (B) on claims submitted be-
tween October 4, 2016, and October 4, 
2021, funds remain in the 9/11 Fund and 
claims were ratably reduced pursuant to 
clause (ii), the Special Master shall dis-
tribute the remaining funds on a pro rata 
basis to claimants who submitted claims 
during either 5-year period described in 
section 405(a)(3)(B) whose claims were 
ratably reduced. If funds remain in the 9/ 
11 Fund after such payments, such funds 
shall be transferred into the United States 
Victims of State Sponsored Terrorism 
Fund created by title II of this Act. 
‘‘(C) TERMINATION.—Upon completion of 
all payments pursuant to this subsection, the 
Victim’s Compensation Fund shall be perma-
nently closed.’’. 
SEC. 105. 9/11 FUND. 
The September 11th Victim Compensation Fund of 
2001 (49 U.S.C. 40101 note) is amended by adding at 
the end the following new section: 
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‘‘SEC. 410. 9/11 FUND. 
‘‘(a) ESTABLISHMENT OF THE 9/11 FUND.—There 
is established in the Treasury a fund, to be designated 
as the 9/11 Fund. 
‘‘(b) FUNDING.—Beginning on the date of the enact-
ment of this Act, $2,775,000,000 of the funds paid to the 
United States Government by BNP Paribas S.A. (BNPP) 
as part of, or related to, a plea agreement dated June 27, 
2014, entered into between the United States Department 
of Justice and BNPP, and subject to a consent order en-
tered by the United States District Court for the Southern 
District of New York on May 1, 2015, in United States 
v. BNPP, No. 14 Cr. 460 (SDNY) to settle charges 
against BNPP for conspiracy to commit an offense 
against the United States in violation of section 371 of 
title 18, United States Code, by conspiring to violate the 
International Emergency Economic Powers Act (50 
U.S.C. 1701 et seq.), and the Trading with the Enemy 
Act (50 U.S.C. App. 1 et seq.) shall be deposited or trans-
ferred into the Fund for distribution for claims submitted 
between October 4, 2016, and October 4, 2021, under this 
Act. 
‘‘(c) MANAGEMENT OF FUND.—The Fund shall be 
managed and invested in the same manner as a trust fund 
is managed and invested under section 9602 of the Inter-
nal Revenue Code of 1986.’’. 
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TITLE II—COMPENSATION FOR 
UNITED STATES VICTIMS OF 
STATE 
SPONSORED 
TER-
RORISM ACT 
SEC. 201. SHORT TITLE. 
This title may be cited as the ‘‘Justice for United 
States Victims of State Sponsored Terrorism Act’’. 
SEC. 202. ADMINISTRATION OF THE U.S. VICTIMS OF STATE 
SPONSORED TERRORISM FUND. 
(a) ADMINISTRATION OF THE FUND.— 
(1) APPOINTMENT
AND
TERMS
OF
SPECIAL 
MASTER.— 
(A) INITIAL
APPOINTMENT.—Not later 
than 60 days after the date of the enactment of 
this Act, the Attorney General shall appoint a 
Special Master. The initial term for the Special 
Master shall be 18 months. 
(B) 
ADDITIONAL
TERMS.—Thereafter, 
each time the Attorney General determines suf-
ficient money is available in the Fund to com-
pensate eligible victims, the Attorney General 
shall appoint or reappoint a Special Master for 
such period as is appropriate, not to exceed one 
year. 
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(C) SPECIAL
MASTER
TO
ADMINISTER 
COMPENSATION FROM THE FUND.—The Special 
Master shall administer the compensation pro-
gram described in this title for United States 
persons who are victims of state sponsored ter-
rorism. 
(2) USE
OF
DEPARTMENT
OF
JUSTICE
PER-
SONNEL.—The Special Master may utilize, as nec-
essary, no more than five full-time equivalent De-
partment of Justice personnel to assist in carrying 
out the duties of the Special Master under this title. 
(3) COMPENSATION OF SPECIAL MASTER.—The 
Special Master shall be compensated from the Fund 
at a rate not to exceed the annual rate of basic pay 
for level IV of the Executive Schedule, as prescribed 
by section 5315 of title 5, United States Code. 
(b) PUBLICATION
OF REGULATIONS
AND PROCE-
DURES.— 
(1) IN GENERAL.—Not later than 60 days after 
the date of the initial appointment of the Special 
Master, the Special Master shall publish in the Fed-
eral Register and on a website maintained by the 
Department of Justice a notice specifying the proce-
dures necessary for United States persons to apply 
and establish eligibility for payment. Such notice is 
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not subject to the requirements of section 533 of 
title 5, United States Code. 
(2) INFORMATION REGARDING OTHER SOURCES 
OF COMPENSATION.—As part of the procedures for 
United States persons to apply and establish eligi-
bility for payment, the Special Master shall require 
applicants to provide the Special Master with infor-
mation regarding the amount of compensation from 
any source other than this Fund that the claimant 
(or, in the case of a personal representative, the vic-
tim’s beneficiaries) has received or is entitled to re-
ceive as a result of the act of international terrorism 
that gave rise to a claimant’s final judgment. 
(c) DECISIONS OF THE SPECIAL MASTER.—All deci-
sions made by the Special Master with regard to com-
pensation from the Fund shall be— 
(1) in writing and provided to the Attorney 
General, each claimant and, if applicable, the attor-
ney for each claimant; and 
(2) final and, except as provided in subsection 
(d), not subject to administrative or judicial review. 
(d) REVIEW HEARING.— 
(1) Not later than 30 days after receipt of a 
written decision by the Special Master, a claimant 
whose claim is denied in whole or in part by the Spe-
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cial Master may request a hearing before the Special 
Master pursuant to procedures established by the 
Special Master. 
(2) Not later than 90 days after any such hear-
ing, the Special Master shall issue a written decision 
affirming or amending the original decision. This 
written decision is final and nonreviewable. 
SEC. 203. ELIGIBLE CLAIMS. 
(a) GENERALLY.—For the purposes of this title, a 
claim is an eligible claim if the Special Master determines 
that— 
(1) the judgment holder is a United States per-
son; 
(2) the claim is described in subsection (b); and 
(3) the requirements of subsection (c) are met. 
(b) IN GENERAL.—The claims referred to in sub-
section (a) are claims for— 
(1) compensatory damages awarded to a United 
States person in a final judgment— 
(A) issued by a United States district 
court under State or Federal law against a 
state sponsor of terrorism; and 
(B) arising from acts of international ter-
rorism, for which the foreign state was deter-
mined not to be immune from the jurisdiction 
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of the courts of the United States under section 
1605A, or section 1605(a)(7) (as such section 
was in effect on January 27, 2008), of title 28, 
United States Code; or 
(2) the sum total of $10,000 per day for each 
day that a United States person was taken and held 
hostage from the United States embassy in Tehran, 
Iran, during the period beginning November 4, 
1979, and ending January 20, 1981. 
(c) DEADLINE FOR APPLICATION SUBMISSION.— 
(1) The deadline for submitting an application 
for a payment under this section is as follows: 
(A) Not later than 90 days after the date 
of the publication required under section 
202(b)(2), with regard to an application based 
on— 
(i) a final judgment described in sub-
section (b)(1) obtained before that date of 
publication; or 
(ii) a claim described in subsection 
(b)(2). 
(B) Not later than 90 days after the date 
of obtaining a final judgment, with regard to a 
final judgment obtained on or after the date of 
that publication. 
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(2) For good cause shown, the Special Master 
may grant a claimant a reasonable extension of a 
deadline under this subsection. 
SEC. 204. PAYMENTS. 
(a) TO WHOM MADE.—The Special Master shall 
order payment from the Fund for each eligible claim of 
a United States person to that person or, if that person 
is deceased, to the personal representative of the estate 
of that person. 
(b) TIMING
OF INITIAL PAYMENTS.—The Special 
Master shall authorize all initial payments to satisfy eligi-
ble claims under this title not later than 1 year after the 
date of the enactment of this Act. 
(c) PAYMENTS TO BE MADE PRO RATA.— 
(1) IN GENERAL.—Except as provided in para-
graph (2), the Special Master shall carry out sub-
section (a), by dividing all available funds on a pro 
rata basis, based on the amounts outstanding and 
unpaid on eligible claims, until all such amounts 
have been paid in full. In the event that a United 
States person has an eligible claim that exceeds 
$100 million, the Special Master shall treat that 
claim as if it were for $100 million for purposes of 
this section. 
(2) MINIMUM PAYMENTS.— 
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