This bill amends the Justice for United States Victims of State Sponsored Terrorism Act to set rules for certain September 11, 2001 claimants connected to the Havlish litigation. It creates an exception so that a "Havlish Settling Judgment Creditor" — a plaintiff, estate, or successor with an eligible 9/11 claim who was listed in the April 16, 2014 order in In re 650 Fifth Avenue and Related Properties — is not subject to a withholding rule in section 404(e)(2)(B). The bill requires that funds allocated to those Havlish creditors that were being withheld in escrow be released and paid to them, and says those creditors may take part in future rounds of payments the same as other claimants. The amendments are effective as if enacted on December 29, 2022.
If you are a Havlish Settling Judgment Creditor as defined in the bill, the bill directs that any funds previously allocated to you and held back in escrow must be released and paid to you. It also says you can join future payment rounds on the same terms as other eligible claimants. If you are not a Havlish Settling Judgment Creditor, the bill does not change your status under the referenced provisions.
The bill directs the release of funds that were already allocated and withheld for certain Havlish creditors. No publicly available information on the bill's net costs, savings, or effects on federal spending is provided in the text or metadata.
The text and short title show the bill is a technical fix to ensure Havlish creditors receive withheld payments and can participate in future distributions. Sponsors introduced the bill to amend the existing victims-of-terrorism payment rules to treat those Havlish claimants as described.
No publicly available information.