|
119th CONGRESS
2d Session |
To amend the Terrorism Risk Insurance Act of 2002 to clarify the timing of the assessment with respect to the status of whether an entity is an agency or instrumentality of a terrorist party.
Mr. Kean introduced the following bill; which was referred to the Committee on the Judiciary
To amend the Terrorism Risk Insurance Act of 2002 to clarify the timing of the assessment with respect to the status of whether an entity is an agency or instrumentality of a terrorist party.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Terrorism Judgment Collection Act”.
SEC. 2. Timing of agency or instrumentality of terrorist party status.
Section 201(a) of the Terrorism Risk Insurance Act of 2002 (28 U.S.C. 1610 note(a)) is amended—
(1) by striking “Notwithstanding” and inserting the following:
“(1) SATISFACTION OF JUDGMENTS.—Notwithstanding”; and
(2) by adding at the end the following:
“(2) AGENCY OR INSTRUMENTALITY STATUS.—The status of a person or an entity as an agency or instrumentality of a terrorist party shall be determined as of the date on which the final judgment holder commences an action for execution or attachment in aid of execution.”.