119 HR 9795 IH: Never Forget the Victims of Terrorism: Joseph D. Mistrulli and Alan Kleinberg USVSST Fund Solvency Act U.S. House of Representatives 2026-07-21 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS2d SessionH. R. 9795IN THE HOUSE OF REPRESENTATIVESJuly 21, 2026Ms. Gillen (for herself and Ms. Malliotakis) introduced the following bill; which was referred to the Committee on the JudiciaryA BILLTo expand the temporary borrowing authority and mandatory distribution for the United States Victims of State Sponsored Terrorism Fund.

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.

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). .