[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9795 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 9795

To expand the temporary borrowing authority and mandatory distribution 
    for the United States Victims of State Sponsored Terrorism Fund.


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                    IN THE HOUSE OF REPRESENTATIVES

                             July 21, 2026

 Ms. Gillen (for herself and Ms. Malliotakis) introduced the following 
       bill; which was referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
To expand the temporary borrowing authority and mandatory distribution 
    for the United States Victims of State Sponsored Terrorism Fund.

    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 ``Never Forget the Victims of 
Terrorism: Joseph D. Mistrulli and Alan Kleinberg USVSST Fund Solvency 
Act''.

SEC. 2. TEMPORARY BORROWING AUTHORITY AND MANDATORY DISTRIBUTION FOR 
              THE UNITED STATES VICTIMS OF STATE SPONSORED TERRORISM 
              FUND.

    Section 404 of the Justice for United States Victims of State 
Sponsored Terrorism Act (34 U.S.C. 20144) is amended by adding at the 
end the following:
    ``(l) Temporary Borrowing and Mandatory Distribution Authority.--
            ``(1) Mandatory annual borrowing.--For each of fiscal years 
        2027, 2028, and 2029, the Secretary of the Treasury shall loan 
        to the Fund $3,000,000,000, which shall be deposited into the 
        Fund not later than 30 days after the beginning of each such 
        fiscal year.
            ``(2) Mandatory inclusion in annual payment.--
                    ``(A) Inclusion.--The full amount borrowed under 
                paragraph (1) for each fiscal year shall be included in 
                the annual payment required under subsection (d) and 
                shall be distributed as part of that annual payment.
                    ``(B) Limitation.--Amounts borrowed under this 
                subsection shall not be reserved, retained, or carried 
                forward for any payment other than the annual payment 
                required under subsection (d).
            ``(3) Terms of borrowing.--Amounts borrowed under this 
        subsection--
                    ``(A) shall be available without further 
                appropriation;
                    ``(B) shall bear interest at a rate determined by 
                the Secretary of the Treasury, taking into 
                consideration the average market yield on outstanding 
                Treasury obligations of comparable maturity; and
                    ``(C) upon the termination of the Fund, the amounts 
                borrowed under this subsection, including interest, 
                shall be repaid solely from criminal and civil fines, 
                penalties, and forfeitures involving a state sponsor of 
                terrorism that, after such expiration, are directed to 
                the Secretary of the Treasury for the purpose of such 
                repayment.
            ``(4) Budgetary treatment.--Amounts borrowed under this 
        subsection shall be treated as direct spending authority and 
        shall not be scored as new appropriations.
            ``(5) Sunset.--The authority provided under this subsection 
        shall expire on September 30, 2029, except that amounts 
        borrowed before that date shall remain available until expended 
        and shall remain subject to repayment under paragraph 
        (3)(C).''.
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