22 U.S.C. § 5510 — United States Government compensation for victims of terrorism
submitted 36 years ago by Pub. L. 101-604 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 212 words · no verdicts yet
The President must recommend whether to authorize compensation for United States terrorism victims and may create a compensation board. A specified Lockerbie victim receives a limited two-year income-tax benefit.
(a) Compensation. Within one year after November 16, 1990, the President must send Congress recommendations about whether legislation should authorize United States monetary and tax relief for United States citizens who are terrorism victims. (b) Board. The President may create a board to develop compensation criteria and recommend changes creating one comprehensive approach to compensation for terrorist acts. (c) Lockerbie tax benefit. (1) Subject to (2), for an individual whose death directly resulted from the Pan American Airways Flight 103 terrorist disaster over Lockerbie, Scotland, on December 21, 1988, subtitle A of title 26 taxes do not apply to the taxable year containing December 21, 1988, or the preceding taxable year. (2) For any year and individual, the benefit cannot exceed 28 percent of the annual basic-pay rate for Level V of the Executive Schedule on December 21, 1988.
The President shall submit to the Congress, not later than one year after November 16, 1990, recommendations on whether or not legislation should be enacted to authorize the United States to provide monetary and tax relief as compensation to United States citizens who are victims of terrorism.
The President may establish a board to develop criteria for compensation and to recommend changes to existing laws to establish a single comprehensive approach to victim compensation for terrorist acts.
Subject to paragraph (2), in the case of any individual whose death was a direct result of the Pan American Airways Flight 103 terrorist disaster over Lockerbie, Scotland, on December 21, 1988, any tax imposed by subtitle A of title 26 shall not apply—
with respect to the taxable year which includes December 21, 1988, and
with respect to the prior taxable year.
In no case may the tax benefit pursuant to paragraph (1) for any taxable year, for any individual, exceed an amount equal to 28 percent of the annual rate of basic pay at Level V of the Executive Schedule of the United States as of December 21, 1988.
Source credit: (Pub. L. 101–604, title II, § 211, Nov. 16, 1990, 104 Stat. 3085.)
- 1990Enacted · Pub. L. 101-604 · 104 Stat. 3085
A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-604 on 1990-11-16.
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