Laura Gillen (D-NY)

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

H.R. 9795 · House bill Crime and Law Enforcement

A Democratic bill with 10 Republican cosponsors · See all 17 cosponsors

Last activity — Referred to the House Committee on the Judiciary.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill is called the "Never Forget the Victims of Terrorism: Joseph D. Mistrulli and Alan Kleinberg USVSST Fund Solvency Act". It allows the Secretary of the Treasury to loan $3,000,000,000 to the United States Victims of State Sponsored Terrorism Fund for fiscal years 2027, 2028, and 2029. These borrowed funds must be included in and distributed as part of the annual payment required under subsection (d). The loans will bear interest and must be repaid using specific fines, penalties, and forfeitures involving state sponsors of terrorism. The authority for this borrowing expires on September 30, 2029.

Yes

  • Scored +2

    Does this put more money into stopping terrorism?

    While not funding operations, it provides financial restitution for victims of state-sponsored terrorism.

The opposite

  • Scored -3

    Does this reduce what the federal government spends?

    The bill mandates the expenditure of borrowed funds for payments to victims.

  • Scored -2

    Does this reduce what the federal government owes?

    The bill authorizes the borrowing of $9 billion over three years, slightly increasing government liability.

  • Scored -1

    Does this make the government pay for what it commits to?

    The use of temporary borrowing to fund payments can be viewed as less fiscally prudent than using current revenues.