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United States · Bill · HR

H.R. 7027 (96th)

A bill to provide for payment by the Government of Iran of the claims for damages resulting from the personal injuries suffered by the United States citizens held hostage in the United States embassy in Tehran, and by their families.

referredUnited States· United States Congress· EN

Introduced

2 April 1980

Last action

2 April 1980 · Introduced

Status

Referred to House Committee on Foreign Affairs.

Sponsors

Rep. Panetta, Leon [D-CA-16]

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Directs the Foreign Claims Settlement Commission to determine the validity and amounts of claims against Iran by U.S. citizens held as hostages in the U.S. Embassy in Tehran, and their families, for personal injuries and punitive damages. Requires the Commission to certify: (1) the amount of damages to the individual claimants and to the Secretary of State; and (2) the amount of each award to the Secretary of the Treasury and to the President. Sets time limits for filing claims and for completing determinations. Directs the Secretary of the Treasury to establish a special fund for the payment of such awards into which shall be paid: (1) payments by Iran to satisfy such claims; and (2) amounts realized from Iranian assets subject to control under the International Emergency Economic Powers Act. Requires the Secretary to make payments from such funds for awards not otherwise satisfied by Iran to the extent provided in appropriation Acts. Directs the President to pay claims, not satisfied from such fund, from the Iranian assets subjected to controls. Directs the President to continue to prohibit transactions in at least $100,000,000 of Iranian assets subjected to controls, until all claims are fully satisfied.

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

Timeline

  1. 2 April 1980

    Introduced

    Referred to House Committee on Foreign Affairs.

    Source: IntroReferral

  2. 2 April 1980

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 2 April 1980

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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