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 a lesser amount 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. Requires the Secretary to invest the funds in such accounts until the Secretary needs the funds to pay awards. Requires the interest on such investments to be deposited in the accounts. Sets forth the methods of certifying claims and paying awards. Requires such awards to include accumulated interest. Requires a claimant's right to payment to lapse if specified conditions are met. Requires the provisions of this Act to cease to be effective if, within 60 days after enactment, Czechoslovakia fails to make a specified payment to the United States. Authorizes the President to keep this Act effective for an additional 30 days if the President notifies the Congress of the reasons for doing so. Directs the Secretary of State to review and report to Congress on the agreement between the United States and Czechoslovakia providing for reciprocal social security payments to residents of the two countries.

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

Timeline

1. 11 December 1981

   Introduced

   Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.

   Source: Floor

2. 11 December 1981

   Introduced

   Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.

   Source: Floor

3. 11 December 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 15 December 1981

   Passed

   Passed House (Amended) by Voice Vote.

   Source: Floor

5. 15 December 1981

   Passed

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

   Source: Floor

6. 15 December 1981

   Floor

   Called up by House by Unanimous Consent.

   Source: Floor

7. 16 December 1981

   Passed

   House Agreed to Senate Amendments to House Amendments by Voice Vote.

   Source: ResolvingDifferences

8. 16 December 1981

   Passed

   Resolving differences -- House actions: House Agreed to Senate Amendments to House Amendments by Voice Vote.

   Source: NotUsed

9. 16 December 1981

   ResolvingDifferences

   Senate concurred in House amendments with amendments by Voice Vote.

   Source: ResolvingDifferences

10. 16 December 1981

    NotUsed

    Resolving differences -- Senate actions: Senate concurred in House amendments with amendments by Voice Vote.

    Source: NotUsed

11. 16 December 1981

    Floor

    Considered by Senate.

    Source: Floor

12. 22 December 1981

    Floor

    Presented to President.

    Source: Floor

13. 22 December 1981

    President

    Presented to President.

    Source: President

14. 22 December 1981

    Floor

    Measure Signed in Senate.

    Source: Floor

15. 29 December 1981

    Became law

    Became Public Law No: 97-127.

    Source: President

16. 29 December 1981

    Became law

    Signed by President.

    Source: BecameLaw

17. 29 December 1981

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

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

Documents

4 official files

• Public Law (PDF)

  Public Law · EN · 30 December 1981

  ViewDownloadOpen at official source

• Senate agreed to House amendment with amendment

  summary · EN · 16 December 1981

  Open at official source

• Passed House amended

  summary · EN · 15 December 1981

  Open at official source

• Introduced in Senate

  summary · EN · 11 December 1981

  Open at official source

Sponsors

• Sen. Moynihan, Daniel Patrick [D-NY] · D · Sponsor
• Sen. Dole, Robert J. [R-KS] · R · Sponsor
• Sen. Percy, Charles H. [R-IL] · R · Sponsor

Related records

• related to → Czechoslovakian Claims Settlement Act of 1981