[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 2909 Introduced in Senate (IS)]

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114th CONGRESS
  2d Session
                                S. 2909

To amend the Terrorism Risk Insurance Act of 2002 to allow for the use 
 of certain assets of foreign persons and entities to satisfy certain 
      judgments against terrorist parties, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 10, 2016

 Mr. Nelson (for himself and Mr. Rubio) introduced the following bill; 
which was read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
To amend the Terrorism Risk Insurance Act of 2002 to allow for the use 
 of certain assets of foreign persons and entities to satisfy certain 
      judgments against terrorist parties, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Clarifying Amendment to Provide 
Terrorism Victims Equity Act'' or the ``CAPTIVE Act''.

SEC. 2. USE OF BLOCKED ASSETS TO SATISFY JUDGMENTS OF U.S. PERSONS 
              AGAINST TERRORIST PARTIES.

    Section 201(d) of the Terrorism Risk Insurance Act of 2002 (28 
U.S.C. 1610 note) is amended--
            (1) in paragraph (2)--
                    (A) in the matter preceding subparagraph (A), by 
                striking ``means'';
                    (B) by amending paragraph (2)(A) to read as 
                follows:
                    ``(A) means any asset seized or frozen by the 
                United States under section 5(b) of the Trading With 
                the Enemy Act (50 U.S.C. 4305(b)), under sections 202 
                and 203 of the International Emergency Economic Powers 
                Act (50 U.S.C. 1701 and 1702), or under section 805(b) 
                of the Foreign Narcotics Kingpin Designation Act (21 
                U.S.C. 1904(b)); and'';
            (2) by redesignating paragraph (4) as paragraph (5); and
            (3) by inserting after paragraph (3) the following:
            ``(4) Person.--In subsection (a), the term `person' means--
                    ``(A) a natural person who, at the time the act of 
                terrorism described in subsection (a) was committed 
                upon which the judgment described in such subsection 
                was obtained by that person, was either--
                            ``(i) a national of the United States as 
                        defined in section 101(a)(22) of the 
                        Immigration and Nationality Act (8 U.S.C. 
                        1101(a)(22));
                            ``(ii) a member of the Armed Forces of the 
                        United States; or
                            ``(iii) otherwise an employee of the 
                        Government of the United States, or of an 
                        individual performing a contract awarded by the 
                        United States Government, acting within the 
                        scope of the employee's employment; or
                    ``(B) if the person described in subparagraph (A) 
                is deceased, the personal representative of the estate 
                of that deceased person.''.

SEC. 3. APPLICABILITY.

    The amendments made by this Act apply to any judgment described in 
section 201(a) of the Terrorism Risk Insurance Act of 2002 (28 U.S.C. 
1610 note) that is entered before, on, or after the date of the 
enactment of this Act.
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