I 
112TH CONGRESS 
1ST SESSION H. R. 3725 
To authorize the President to vest certain property of the Government of 
Libya seized or blocked by the United States and to authorize the 
use of that property to defray the full costs of Operation Odyssey 
Dawn and United States participation in NATO Operation Unified Pro-
tector, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 16, 2011 
Mr. SHERMAN (for himself and Mr. BURTON of Indiana) introduced the 
following bill; which was referred to the Committee on Foreign Affairs 
A BILL 
To authorize the President to vest certain property of the 
Government of Libya seized or blocked by the United 
States and to authorize the use of that property to 
defray the full costs of Operation Odyssey Dawn and 
United States participation in NATO Operation Unified 
Protector, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Libyan Assets Tax-
payer Reimbursement Act of 2011’’. 
VerDate Mar 15 2010 
20:29 Dec 23, 2011
Jkt 019200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H3725.IH
H3725
jlentini on DSK4TPTVN1PROD with BILLS
SEC. 2. FINDINGS. 
Congress finds the following: 
(1) The United States Government has frozen, 
through Executive Order 13566 of February 25, 
2011, over $30 billion in assets in the United States 
owned by the late Muammar Qaddafi, his family, 
and his regime. 
(2) The United States military conducted ac-
tions, through Operation Odyssey Dawn and NATO 
Operation Unified Protector, over the territory and 
off the coast of Libya designed to protect the Libyan 
people from the violence and cruelty of the Qaddafi 
regime. 
(3) United States military operations in Libya 
exposed members of the United States Armed 
Forces to the risk of death. 
(4) The Libyan uprising against the late dic-
tator Qaddafi succeeded with the help of United 
States forces. 
(5) Libya is an oil rich country that will be able 
to finance its economic development and reconstruc-
tion. 
(6) Libya has Africa’s largest oil reserves and 
a population of approximately 6.5 million people. 
(7) In 2010, Libya had one of the highest per 
capita oil export revenues in the world. 
VerDate Mar 15 2010 
20:29 Dec 23, 2011
Jkt 019200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H3725.IH
H3725
jlentini on DSK4TPTVN1PROD with BILLS
(8) The Department of Defense estimates the 
cost of United States military and humanitarian ef-
forts for the Libyan people at under $3 billion. 
(9) Funds collected by the United States from 
Libya pursuant to the United States-Libya Claims 
Settlement Agreement are insufficient to provide 
complete relief for all of the victims of Libyan state- 
sponsored terrorism whose claims are currently 
being adjudicated, or have been awarded, by the 
Foreign Claims Settlement Commission of the 
United States. The amount of the shortfall is be-
lieved to be as much as $400 million. 
(10) Around the world, over $150 billion of 
Qaddafi assets are frozen, and almost all of this 
amount will be paid to the new Libyan government, 
including the vast majority of the assets blocked by 
the United States. 
SEC. 3. STATEMENT OF POLICY. 
It shall be the policy of the United States Govern-
ment— 
(1) to ensure that the United States Treasury 
is reimbursed for the full cost of all military and hu-
manitarian operations undertaken in and with re-
spect to Libya from the onset of Operation Odyssey 
Dawn through the fall of the Qaddafi regime; and 
VerDate Mar 15 2010 
20:29 Dec 23, 2011
Jkt 019200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H3725.IH
H3725
jlentini on DSK4TPTVN1PROD with BILLS
(2) to ensure that there are sufficient funds 
available to the United States to fully compensate 
victims of Libyan-sponsored terrorism, prior to pro-
viding assets blocked pursuant Executive Order 
13566 of February 25, 2011 to the Government of 
Libya or other rightful owners. 
SEC. 4. AUTHORITY TO VEST AND USE BLOCKED LIBYAN 
ASSETS TO DEFRAY THE FULL COSTS OF OP-
ERATION ODYSSEY DAWN AND U.S. PARTICI-
PATION IN NATO OPERATION UNIFIED PRO-
TECTOR. 
(a) IN GENERAL.—Pursuant to the authorities of the 
International Emergency Economic Powers Act (50 
U.S.C. 1701 et seq.), the President is authorized to— 
(1) by means of instructions, licenses, or other-
wise, vest such blocked Libyan assets that are avail-
able as of the date of the enactment of this Act in 
an amount necessary for the purposes described in 
subsection (b); 
(2) liquidate or sell any blocked Libyan assets 
described in paragraph (1); and 
(3) deposit any funds taken under paragraph 
(1) and any funds resulting from the liquidation or 
sale of blocked Libyan assets under paragraph (2) in 
VerDate Mar 15 2010 
20:29 Dec 23, 2011
Jkt 019200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H3725.IH
H3725
jlentini on DSK4TPTVN1PROD with BILLS
the United States Treasury for the purposes de-
scribed in subsection (b). 
(b) USE OF VESTED FUNDS.— 
(1) IN GENERAL.—Notwithstanding any other 
provision of law, the President shall use blocked Lib-
yan assets vested under subsection (a)(1) to defray 
the full costs of Operation Odyssey Dawn and 
United States participation in NATO Operation 
Unified Protector and any associated humanitarian 
efforts undertaken on behalf of the Libyan people. 
(2) OTHER USE OF FUNDS.—Notwithstanding 
any other provision of law, the President is author-
ized to use blocked Libyan assets vested under sub-
section (a)(1) to satisfy and pay in full all final 
awards of compensation to United States nationals 
ordered by the Foreign Claims Settlement Commis-
sion in its Libya Claims Program pursuant to the 
Libyan Claims Resolution Act (Public Law 110– 
301) and the International Claims Settlement Act of 
1949 (22 U.S.C. 1621 et seq.). 
(c) REGULATIONS.—The President may issue such 
regulations, including regulations prescribing definitions 
in addition to the definitions listed in subsection (d), as 
may be necessary for the exercise of the authorities grant-
ed by this Act. 
VerDate Mar 15 2010 
20:29 Dec 23, 2011
Jkt 019200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H3725.IH
H3725
jlentini on DSK4TPTVN1PROD with BILLS
(d) DEFINITIONS.—In this section— 
(1) the term ‘‘blocked Libyan assets’’ means all 
property and interests in property that are seized or 
blocked by the United States in accordance with Ex-
ecutive Order 13566 of February 25, 2011 (76 Fed. 
Reg. 11315); and 
(2) the term ‘‘Government of Libya’’ means the 
Government of Libya on the date of the enactment 
of this Act, including any agency or instrumentality 
of that Government and any entity controlled by 
that Government. 
SEC. 5. DETERMINATION OF AMOUNTS. 
(a) IN GENERAL.—For purposes of determining the 
amount of blocked Libyan assets to vest under section 
4(a)(1), the President shall ensure the full costs of mili-
tary operations and humanitarian efforts described in sec-
tion 4(b)(1)— 
(1) are determined in accordance with generally 
accepted accounting principles; 
(2) include all expenditures properly chargeable 
to such operations and efforts; and 
(3) are not limited to marginal costs. 
(b) CONSULTATION.—The President shall determine 
the amount of blocked Libyan assets to vest under section 
VerDate Mar 15 2010 
20:29 Dec 23, 2011
Jkt 019200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H3725.IH
H3725
jlentini on DSK4TPTVN1PROD with BILLS