A bill to amend the International Claims Settlement Act of 1949, as amended, to provide for the timely determination of certain claims of American nationals settled by the United States-Hungarian Claims Agreement of March 6, 1973, and for other purposes.
PL 93-460 (H.R.13261), enacted 10/20/1974

1386 
PUBLIC LAW 93-460-OCT. 20, 1974 
[88 STAT. 
October 20, 1974 
[H. R.13261] 
Public Law 93-460 
AN ACT 
To amend the International Claims Settlement Act of 1949, as amended, to 
provide for the timely determination of certain claims of American nationals 
settled by the United States-Hungarian Claims Agreement of March 6, 1973, 
and for other purposes. 
International 
Claims Settle-
ment Act of 1949, 
amendments. 
22 u s e 1621 
note. 
Claims funds. 
22 u s e 1641a. 
24 UST 522. 
22 u s e 1641b. 
Claims of U.S. 
nationals. 
Filing of 
claims, time 
limit; notice. 
22 u s e 1641e. 
Publication in 
Federal Register. 
Publication in 
Federal Register. 
Payment of 
awards. 
22 u s e 16411. 
Be is enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That the Interna-
tional Claims Settlement Act of 1949, as amended, is further amended 
as follows: 
(1) Section 302, title III, is amended by adding a new subsection 
(c) as follows: 
'•(c) The Secretary of the Treasury shall cover into the Hungarian 
Claims Fund, such sums as may be paid to the United States by the 
Government of Hungary pursuant to the terms of the United States-
Hungarian Claims Agreement of March 6,1973.". 
(2) Section 303, title III, is further amended by striking out 
the word "and" at the end of paragraph (3), and by striking out 
the period at the end of paragraph (4) and inserting in lieu thereof 
a semicolon and the word "and". 
(3) Section 303, title III, is further amended by adding a new 
paragraph (5) as follows: 
"(5) pay effective compensation for the nationalization, com-
pulsory liquidation, or other taking of property of nationals 
of the LTnited States in Hungary, between August 9, 1955, and 
the date the United States-Hungarian Claims Agreement of 
March 6,1973, enters into force.". 
(4) Section 306, title III, is further amended— 
(A) by inserting in subsection (a), immediately before "this 
title", the following: "paragraph (1), (2), or (3) of section 
303of"; and 
(B) by adding at the end thereof the following: 
"(c) Within thirty days after enactment of this subsection, or thirty 
days after enactment of legislation making appropriations to the 
Commission for payment of administrative expenses incurred in carry-
ing out its functions under paragraph (5) of section 303, whichever 
date is later, the Commission shall publish in the Federal Register the 
time when, and the limit of time within which, claims may be filed 
with the Commission under paragraph (5) of section 303, which limit 
shall not be more than six months after such publication. 
"(d) Notwithstanding any other provision of this section, any 
national of the United States who was mailed notice by any depart-
ment or agency of the Government of the United States with respect 
to filing a claim against the Government of Hungary arising out of any 
of the failures referred to in paragraph (1), (2), or (3) of section 303 
of this title, and who did not receive the notice as the result of admin-
istrative error in placing a nonexistent address on the notice, may file 
with the Commission a claim under any such paragraph. The Com-
mission shall publish in the Federal Register, within thirty days after 
enactment of this paragraph, when the limit of time within which any 
such claim may be filed with the Commission, which limit shall not 
be more than six months after such publication.". 
(5) Section 310, title III, is further amended by adding at the 
end of subsection (a) thereof a new paragraph (7), as follows: 
" (7) (A) Except as otherwise provided in subparagraph (D), when-
ever the Commission is authorized to settle claims by enactment of 
paragraph (5) of section 303 of this title with respect to Hungary, 
no further payments shall be authorized by the Secretary of the 
STAT. ] 
PUBLIC LAW 93-461-OCT. 20, 1974 
1387 
22 use 1641b. 
Treasury on account of awards certified by the Commission under 
paragraphs (2) and (3) of section 303 out of the Hungarian Claims 
Fund until payments on account of awards certified under paragraph 
(6) of section 303 with respect to such fund have been authorized in 
equal proportions to payments previously authorized on existing 
awards certified under paragraphs (2) and (3) of section 303. 
"(B) Except as otherwise provided in subparagraph (D), with 
respect to awards previously certified under paragraph (1) of section 
303, the Secretary of the Treasury shall not authorize any further 
payments until payments on account of awards certified under para-
graphs (2), (3), and (5) of section 303 have been authorized in 
equal proportions to payments previously authorized on existing 
awards certified under paragraph (1) of section 303. 
"(C) Except as otherwise provided in subparagraph (D), the Secre-
retary of the Treasury shall not authorize any further payments on 
account of awards certified under paragraph (3) of section 303 based 
on Kingdom of Hungary bonds expressed in United States dollars or 
upon awards to Standstill creditors of Hungary that were the subject 
matter of the agreement of December 5,1969, between the Government 
of Hungary and the American Committee for Standstill creditors of 
Hungary. 
"(D) No payments shall be authorized by the Secretary of the 
Treasury on account of awards certified by the Commission under 
paragraph (5) of section 303 of this title, and no further payments 
shall be so authorized under paragraphs (1), (2), or (3) of section 
303 (except payments certified as the result of claims filed under sub-
section (d) of section 306), until payments on account of awards certi- 
22 use i64ie. 
fied under such paragraphs (1), (2), and (3) as the result of a claims 
filed under subsection (d) of section 306 have been authorized in 
equal proportions to payments previously authorized on existing 
awards certified under such paragraphs and arising out of claims 
filed other than under such subsection (d). 
"(E) The Secretary of the Treasury is authorized and directed to eiafm'"'"' °' '''^' 
deduct the sum of $125,000 from the Hungarian Claims Fund and 
cover such amount into the Treasury to the credit of miscellaneous 
receipts in satisfaction of the claim of the United States referred to 
in article 2, paragraph 4 of the United States-Hungarian Claims 
24 UST 522. 
Agreement of March 6,1973, Such amount shall be deducted in annual 
installments over the period during which the Government of Hungary 
makes payments to the Government of the United States as provided 
in article 4 of the agreement.", 
(6) Section 316, title I I I , is amended by adding a new subsection 
^^ ^^'^ ^^^^°-
(c) as follows: 
"(c) The Commission shall complete its affairs in connection with 
the settlement of claims pursuant to paragraph (5) of section 303 of 
this title not later than two years following the deadline established 
under subsection (c) of section 806 of this title.". 
Approved October 20, 1974. 
Public Law 93-461 
AN ACT 
October 20, 1974 
To repeal the "cooly trade" laws. 
[s. 2220] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assemhled^ That sections 2158- 
"Cooiy trade" 
2163, Revised Statutes, and sections 1, 2, and 4 of the Act of March 3, ^^^' ^^^^^ ' 
1875 (ch. 141, 18 Stat. 477) (8 U.S.C. 331-339), are hereby repealed. 
Approved October 20, 1974.