[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 416 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 416

                 For the relief of Sara Lou Hendricks.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 4, 1995

  Mr. Jacobs introduced the following bill; which was referred to the 
                       Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
                 For the relief of Sara Lou Hendricks.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PAYMENT OF POSTAL SAVINGS ACCOUNT PROCEEDS.

    The Secretary of the Treasury shall pay, out of any money in the 
Treasury not otherwise appropriated, the proceeds of the postal savings 
account of the late Harriet C. McKee (account number 442), and interest 
calculated under section 4, to Sara Lou Hendricks, the daughter and 
heir of Harriet C. McKee.

SEC. 2. SATISFACTION OF CLAIMS.

    The payment made pursuant to section 1 shall be in full 
satisfaction of all claims Sara Lou Hendricks may have against the 
United States, or any agent or agency of the United States, relating to 
the postal savings account described in section 1.

SEC. 3. LIMITATION ON AGENT AND ATTORNEY FEES.

    It shall be unlawful for an amount exceeding 10 percent of the 
payment required by section 1 to be paid to or received by any agent or 
attorney for any service rendered in connection with the payment 
required by section 1. Any person who violates this section shall be 
guilty of an infraction and shall be subject to a fine in the amount 
provided in title 18, United States Code.

SEC. 4. CALCULATION OF INTEREST.

    The interest on the account referred to in section 1 shall equal 
the sum of--
            (1) the interest that would have been payable on the 
        account for the period beginning on the day that the account 
        was opened and ending on the last day that the proceeds of 
        postal savings accounts could be claimed under the Postal 
        Savings System Statute of Limitations Act (98 Stat. 402), if 
        the account had been claimed under the Postal Savings System 
        Statute of Limitations Act (98 Stat. 402); and
            (2) interest calculated according to the formula in section 
        2516(b) of title 28, United States Code, for the period 
        beginning on the 1st day after the end of the period described 
        in paragraph (1) and ending on the day that the payment 
        required by section 1 is made.

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