or any other judicial district of the United States where 
the defendant may be found, resides, has an agent, or 
transacts business. 
(c) REMEDIES.—A court shall award to a prevailing 
beneficiary in a civil action brought under subsection (a)— 
(1) the amount of the proceeds due under the 
covered policy; 
(2) prejudgment interest on the amount de-
scribed in clause (i) from the date the amount was 
due until the date of judgment, calculated at a rate 
of 6 percent per year, compounded annually; and 
(3) any other appropriate relief necessary to en-
force rights under the covered policy. 
SEC. 4. VALIDITY OF STATE LAWS. 
(a) VALIDITY OF LAWS CREATING CAUSE OF AC-
TION.—Any State law creating a cause of action against 
any insurer or related company based on a claim arising 
out of or related to a covered policy shall not be invalid 
or preempted by reason of any executive foreign policy de-
scribed in subsection (d)(1) or any executive agreement 
described in subsection (d)(2). 
(b) VALIDITY OF LAWS REQUIRING DISCLOSURE OF 
INFORMATION.—Any State law that is enacted on or after 
March 1, 1998, and that requires an insurer doing busi-
ness in that State, including any related company, to dis-
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close information regarding any covered policy shall be 
deemed to be in effect on the date of the enactment of 
such law and shall not be invalid or preempted by reason 
of any executive foreign policy described in paragraph (1) 
of subsection (d) or any executive agreement described in 
paragraph (2) of subsection (d). 
(c) EXECUTIVE AGREEMENTS AND EXECUTIVE FOR-
EIGN POLICY COVERED.— 
(1) EXECUTIVE FOREIGN POLICY.—An execu-
tive foreign policy described in this paragraph is a 
foreign policy of the executive branch of the Federal 
Government established before, on, or after the date 
of enactment of this Act. 
(2) EXECUTIVE
AGREEMENTS.—An executive 
agreement described in this paragraph is an execu-
tive agreement between the United States and a for-
eign government entered into before, on, or after the 
date of enactment of this Act. 
(d) STATEMENTS OF INTEREST.—No funds may be 
used by the Department of State, or any other department 
or agency of the United States, for the purpose of issuing 
a statement of interest seeking to encourage a court in 
the United States to dismiss any claim or action brought 
to recover compensation arising out of or related to a cov-
ered policy. 
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SEC. 5. STATUTE OF LIMITATIONS. 
A court may not dismiss a claim or action that is 
brought under section 3, or under subsection (a) or (b) 
of section 4, within 10 years after the date of the enact-
ment of this Act on the ground that the claim or action 
is barred under any statute of limitations or the doctrine 
of laches. 
SEC. 6. APPLICABILITY. 
(a) IN GENERAL.—This Act shall apply to any claim 
or action that is brought, before, on, or after the date of 
the enactment of this Act, under section 3, or under a 
State law described in subsection (a) or (b) of section 4, 
including— 
(1) any claim or action dismissed, before the 
date of the enactment of this Act, on the ground of 
executive preemption; and 
(2) any claim or action that is deemed released 
as a result of the settlement of a class action that 
was entered into before the date of the enactment of 
this Act, if the claimant did not receive any payment 
pursuant to the settlement. 
(b) CLAIMS OR ACTIONS NOT PRECLUDED ON CER-
TAIN GROUNDS.—With respect to any claim or action 
brought under section 3, or under a State law described 
in subsection (a) or (b) of section 4, it shall not be a de-
fense that the claim or action is or was precluded, barred, 
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waived, discharged, or otherwise invalid under the doctrine 
of res judicata, collateral estoppel or any similar doctrine. 
SEC. 7. DEFINITIONS. 
In this Act: 
(1) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means the Committee on Foreign Affairs in 
the House of Representatives, the Committee on 
Foreign Relations in the Senate, and the Commit-
tees on the Judiciary of the House of Representa-
tives and the Senate. 
(2) COVERED POLICY.— 
(A) IN GENERAL.—The term ‘‘covered pol-
icy’’ means any life, dowry, education, property, 
or other insurance policy that— 
(i) was in effect at any time after 
January 30, 1933, and before December 
31, 1945; and 
(ii) was issued to a policyholder domi-
ciled in any area that was occupied or con-
trolled by Nazi Germany. 
(B) NAZI GERMANY.—In this paragraph, 
the term ‘‘Nazi Germany’’ means— 
(i) the Nazi government of Germany; 
and 
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(ii) any government in any area occu-
pied by the military forces of the Nazi gov-
ernment of Germany. 
(3) INSURER.—The term ‘‘insurer’’ means any 
person engaged in the business of insurance (includ-
ing reinsurance) in interstate or foreign commerce, 
if the person issued a covered policy, or a successor 
in interest to such person. 
(4) LEGISLATIVE DAYS.—The term ‘‘legislative 
days’’ means those days on which both Houses of 
Congress are in session. 
(5) RELATED
COMPANY.—The term ‘‘related 
company’’ means an affiliate, as that term is defined 
in section 104(g) of the Gramm-Leach-Bliley Act 
(15 U.S.C. 6701(g)). 
Æ 
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