Never Forget the Victims of Terrorism: Joseph D. Mistrulli and Alan Kleinberg USVSST Fund Solvency Act
Latest action (21 Jul 2026): Introduced
What this bill does
H.R. 9795 would amend the Justice for United States Victims of State Sponsored Terrorism Act to change how the United States Victims of State Sponsored Terrorism (USVSST) Fund is financed. It would require the Secretary of the Treasury to loan the Fund $3 billion at the start of each of fiscal years 2027, 2028, and 2029, with these amounts automatically included in and distributed as part of the Fund's required annual payment to claimants. The borrowed funds would be available without further appropriation, would carry interest set by the Treasury Secretary, and would be repaid, upon the Fund's termination, only from criminal and civil fines, penalties, and forfeitures tied to state sponsors of terrorism. This borrowing authority would expire September 30, 2029, though amounts already borrowed would remain available and repayable afterward.
The bill primarily affects victims of state-sponsored terrorism who are eligible for compensation from the Fund, by aiming to ensure larger, more predictable annual payments through 2029. It also affects federal budget accounting, since the borrowed amounts would be treated as direct spending rather than new appropriations.
The bill was introduced July 21, 2026, by Rep. Laura Gillen with a cosponsor, and referred to the House Judiciary Committee, where it awaits further consideration before any vote.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on July 21, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does H.R. 9795 do?
- H.R. 9795 would amend the Justice for United States Victims of State Sponsored Terrorism Act to change how the United States Victims of State Sponsored Terrorism (USVSST) Fund is financed. It would require the Secretary of the Treasury to loan the Fund $3 billion at the start of each of fiscal years 2027, 2028, and 2029, with these amounts automatically included in and distributed as part of the Fund's required annual payment to claimants. The borrowed funds would be available without further appropriation, would carry interest set by the Treasury Secretary, and would be repaid, upon the Fund's termination, only from criminal and civil fines, penalties, and forfeitures tied to state sponsors of terrorism. This borrowing authority would expire September 30, 2029, though amounts already borrowed would remain available and repayable afterward. The bill primarily affects victims of state-sponsored terrorism who are eligible for compensation from the Fund, by aiming to ensure larger, more predictable annual payments through 2029. It also affects federal budget accounting, since the borrowed amounts would be treated as direct spending rather than new appropriations. The bill was introduced July 21, 2026, by Rep. Laura Gillen with a cosponsor, and referred to the House Judiciary Committee, where it awaits further consideration before any vote.
- Has H.R. 9795 become law?
- Not yet. As of 21 Jul 2026, H.R. 9795 is introduced.
- Who sponsored H.R. 9795?
- H.R. 9795 was sponsored by Rep. Laura Gillen [D-NY4] (Democrat-NY), with 17 cosponsors.
- What's the latest action on H.R. 9795?
- Introduced (21 Jul 2026).
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