American Victims of Terrorism Compensation Act
The American Victims of Terrorism Compensation Act amends the Justice for United States Victims of State Sponsored Terrorism Act to increase funding for victims of terrorism. It directs the transfer of approximately $1.5 billion from the Binance Holdings Limited case, plus 50% of excess unobligated balances from Department of Justice and Treasury forfeiture funds, into the Victims Fund. The bill establishes deadlines for agencies to deposit funds (within 30 days of receipt or 15 days after enactment), requires annual reports on fund activity, and authorizes annual payments to eligible claimants starting in 2026. This legislation directly affects terrorism victims who receive compensation from the fund and federal agencies that handle forfeited assets from terrorism-related cases.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
President
Introduced Feb 24, 2025
Last action Feb 24, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 24, 2025
Committee
Referred to the House Committee on the Judiciary.
lower
Feb 24, 2025
Introduced
Introduced in House
lower
1 primary · 73 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Michael Lawler
RRepublican
Co
Abraham J. Hamadeh
RRepublican
Co
Addison P. McDowell
RRepublican
Co
Andrew R. Garbarino
RRepublican
Co
Angie Craig
DDemocratic
Co
August Pfluger
RRepublican
Co
Barry Loudermilk
RRepublican
Co
Bradley Scott Schneider
DDemocratic
Co
Chrissy Houlahan
DDemocratic
Co
Christopher R. Deluzio
DDemocratic
Co
Claudia Tenney
RRepublican
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