This bill aims to bolster the financial stability of the United States Victims of State Sponsored Terrorism Fund by establishing a temporary borrowing authority. It mandates the Secretary of the Treasury to loan $3 billion annually to the Fund for fiscal years 2027, 2028, and 2029, with deposits required within 30 days of each fiscal year's start. These significant loans must be fully included in the annual payments distributed to victims, preventing them from being reserved or carried forward. The borrowed amounts will bear interest and are to be repaid solely from future criminal and civil penalties involving state sponsors of terrorism after the Fund's termination. This authority, treated as direct spending, is set to expire on September 30, 2029, ensuring a substantial, temporary financial injection to support victims.
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Timeline
Introduced in House
Referred to the House Committee on the Judiciary.
Introduced in House
Referred to the House Committee on the Judiciary.
Crime and Law Enforcement
Never Forget the Victims of Terrorism: Joseph D. Mistrulli and Alan Kleinberg USVSST Fund Solvency Act
USA119th CongressHR-9795| House
| Updated: 7/21/2026
This bill aims to bolster the financial stability of the United States Victims of State Sponsored Terrorism Fund by establishing a temporary borrowing authority. It mandates the Secretary of the Treasury to loan $3 billion annually to the Fund for fiscal years 2027, 2028, and 2029, with deposits required within 30 days of each fiscal year's start. These significant loans must be fully included in the annual payments distributed to victims, preventing them from being reserved or carried forward. The borrowed amounts will bear interest and are to be repaid solely from future criminal and civil penalties involving state sponsors of terrorism after the Fund's termination. This authority, treated as direct spending, is set to expire on September 30, 2029, ensuring a substantial, temporary financial injection to support victims.