This bill, titled the "Justice for the Living Victims of Lockerbie Act," aims to provide compensation for a specific group of United States victims of Libyan State-sponsored terrorism. It mandates the establishment of a Living Victims of Lockerbie Claims Trust Fund by the Secretary of the Treasury within 30 days of enactment. An appropriation of $42,066,338 will be made to this fund, which is designated to pay claims submitted by eligible individuals. A "compensable living victim of Libyan State-sponsored terrorism" is precisely defined as a United States person who was 45 years or older on December 3, 1991, employed by Pan American World Airways on that date, a named claimant in a specific lawsuit (Abbott et al. v. Socialist People's Libyan Arab Jamahiriya), and alive on August 14, 2008. The Foreign Claims Settlement Commission is tasked with establishing a claims process, determining the eligibility of individuals, and certifying approved claims to the Secretary of the Treasury. Upon certification, the Secretary will make payments from the fund, with each claimant receiving an equal share of the total appropriated amount.