Czechoslovakian Claims Settlement Act of 1981

Summary

Czechoslovakian Claims Settlement Act of 1981 - Approves the Agreement between the United States and Czechoslovakia on the settlement of certain financial issues that was initialed on November 6, 1981. Authorizes the President to execute technical changes in the agreement if they are necessary to facilitate its implementation. Directs the Secretary of the Treasury to cover into the Czechoslovakian Claims Fund the amount paid by Czechoslovakia to discharge the claims of U.S. nationals pursuant to the agreement. Directs the Secretary to establish two accounts in the Fund. Requires a specified minimum amount to be placed in one account. Requires such account to be used to pay certified claims by U.S. nationals for losses resulting from the nationalization or other taking of property by Czechoslovakia between January 1, 1945, and August 8, 1958. Requires the other account, into which the remainder of the funds shall be covered, to be available to pay the certified claims of U.S. nationals for similar losses which occurred between August 8, 1958, and the date on which the agreement takes effect. Authorizes the Commission to determine the validity of such claims. Sets forth the methods of certifying claims and paying awards. Requires the right to payment to lapse if specified conditions are met. Authorizes appropriations to cover the administrative expenses incurred by the Commission and the Treasury under this Act. Amends the Trade Act of 1974 to repeal the provision governing the payment by Czechoslovakia of amounts owed U.S. citizens and nationals.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 8 December 1981

   Introduced

   Referred to House Committee on Foreign Affairs.

   Source: IntroReferral

2. 8 December 1981

   Committee

   Hearings Held by Subcommittee on International Economic Policy and Trade and by Subcommittee on Europe and the Middle East Prior to Introduction (Dec 7, 81).

   Source: Committee

3. 8 December 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 December 1981

   Introduced

   Introduced in House

   Source: IntroReferral

5. 9 December 1981

   Reported

   Ordered to be Reported (Amended).

   Source: Committee

6. 9 December 1981

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

7. 10 December 1981

   Calendars

   Placed on Union Calendar No: 232.

   Source: Calendars

8. 10 December 1981

   Reported

   Reported to House (Amended) by House Committee on Foreign Affairs. Report No: 97-385.

   Source: Committee

9. 10 December 1981

   Reported

   Reported to House (Amended) by House Committee on Foreign Affairs. Report No: 97-385.

   Source: Committee

10. 15 December 1981

    Floor

    Laid on Table in House by Voice Vote.

    Source: Floor

11. 15 December 1981

    Passed

    Passed House (Amended) by Voice Vote.

    Source: Floor

12. 15 December 1981

    Passed

    Passed/agreed to in House: Passed House (Amended) by Voice Vote.

    Source: Floor

13. 15 December 1981

    Floor

    Called up by House Under Suspension of Rules.

    Source: Floor

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Reported to House with amendment(s)

  summary · EN · 10 December 1981

  Open at official source

• Introduced in House

  summary · EN · 8 December 1981

  Open at official source

Sponsors

• Rep. Bingham, Jonathan B. [D-NY-22] · D · Sponsor
• Rep. Hamilton, Lee H. [D-IN-9] · D · Sponsor
• · hsfa00 · Standing

Related records

• related to → A bill to provide for the payment, out of the proceeds of gold belonging to the Government of Czechoslovakia, of certified awards of nationals of the United States against the Government of Czechoslovakia and to provide for the release of such proceeds to Czechoslovakia after all such awards and certain other debts are paid.
• related to ← Czechoslovakian Claims Settlement Act of 1981