legislation: 96-s-2141

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
96-s-2141 96 s 2141 A bill to establish priorities in the payment of claims against the People's Republic of China. International Affairs 1979-12-17 1979-12-17 Referred to Senate Committee on Foreign Relations. Senate Sen. Javits, Jacob K. [R-NY] NY R J000064 4 Amends the International Claims Settlement Act to direct the Secretary of the Treasury to deduct from amounts deposited in a special fund to pay claims against the People's Republic of China the lesser of: (1) the expenses incurred by the Foreign Claims Settlement Commission and the Treasury Department in administering such claims; or (2) five percent of such amounts. Sets forth the order of priority of claims to be paid by the Secretary from such special fund. Requires a deduction in the amount otherwise payable to claimants allowed a Federal income tax deduction for claimed losses. 2025-01-14T19:00:46Z https://www.congress.gov/bill/96th-congress/senate-bill/2141

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