Supporting Victims of Iranian Terrorism Act of 2019

Bill: 116-s-1529
Sponsor: full_name: Sen. Cotton, Tom [R-AR]
Introduced: 2019-05-16
Policy area: International Affairs
Subjects: Civil actions and liability

Crime victims

Federal district courts

Foreign property

Government liability

Iran

Jurisdiction and venue

Lebanon

Middle East

Military facilities and property

Military personnel and dependents

New York City

Sanctions

Securities

Terrorism
Latest action: action_date: 2019-05-16
text: Read twice and referred to the Committee on Foreign Relations.

Summaries:
action_date: 2019-05-16
action_desc: Introduced in Senate
text: <p><b>Supporting Victims of Iranian Terrorism Act of 2019 </b></p> <p>This bill authorizes jurisdiction over certain Iranian assets so that judgments against Iran for the 1983 bombing of the U.S. Marine barracks in Beirut, Lebanon, may be collected by the victims' families. Specifically, the bill establishes personal jurisdiction for the U.S. District Court for the Southern District of New York over Iranian funds held outside the United States by any foreign securities intermediary. </p>

tv_txt: II 116th CONGRESS 1st Session S. 1529 IN THE SENATE OF THE UNITED STATES May 16, 2019 Mr. Cotton (for himself, Mr. Whitehouse , Mr. Inhofe , Mr. Cornyn , Mr. Rubio , Mr. Jones , Mr. Cruz , Ms. Rosen , and Mr. Isakson ) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations A BILL To make additional financial assets of the Government of Iran available to pay compensatory damages to the victims of terrorism sponsored by that Government, and for other purposes.

1. Short title This Act may be cited as the Supporting Victims of Iranian Terrorism Act of 2019 . 2. Expansion of availability of financial assets of Iran to victims of terrorism (a) Findings Congress makes the following findings: (1) On October 23, 1983, terrorists sponsored by the Government of Iran bombed the United States Marine barracks in Beirut, Lebanon. The terrorists killed 241 servicemen and injured scores more. (2) Those servicemen were killed or injured while on a peacekeeping mission. (3) Terrorism sponsored by the Government of Iran threatens the national security of the United States. (4) The United States has a vital interest in ensuring that members of the Armed Forces killed or injured by such terrorism, and the family members of such members, are able to seek justice. (b) Amendments Section 502 of the Iran Threat Reduction and Syria Human Rights Act of 2012 ( 22 U.S.C. 8772 ) is amended— (1) in subsection (a)(1)— (A) in subparagraph (A), by striking in the United States and inserting by or ; (B) in subparagraph (B), by inserting , or an asset that would be blocked if the asset were located in the United States, after unblocked) ; and (C) in the flush text at the end— (i) by inserting after in aid of execution the following: , or to an order directing that the asset be brought to the State in which the court is located and subsequently to execution or attachment in aid of execution, ; and (ii) by inserting , without regard to concerns relating to international comity after resources for such an act ; (2) in subsection (b)— (A) by striking that are identified and inserting the following: “that are— (1) identified ; (B) by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (2) identified in and the subject of proceedings in the United States District Court for the Southern District of New York in Peterson et al. v. Islamic Republic of Iran et al., Case No. 13 Civ. 9195 (LAP). ; (3) by striking subsection (e); (4) by redesignating subsections (c) and (d) as subsections (d) and (e), respectively; and (5) by inserting after subsection (b) the following: (c) Personal jurisdiction For purposes of this section, the United States District Court for the Southern District of New York shall have personal jurisdiction over any foreign securities intermediary that credited financial assets described in subsection (b) to an account the intermediary holds outside the United States. .