American Victims of Terrorism Compensation Act

This bill updates the fund supporting victims of state-sponsored terrorism by directing specific funds into the compensation pool. It requires $898 million from the Binance forfeiture case and annual transfers of 50% of excess balances from DOJ and Treasury forfeiture funds to the Victims of State Sponsored Terrorism Fund. Payments to eligible claimants must be distributed by March 14, 2025, for the fifth round, with future annual payments starting in 2026. The bill mandates detailed annual reports on fund activity from the Attorney General and a GAO report on forfeiture proceeds, focusing on transparency and accountability for victims.