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S.559: Justice for Former American Hostages in Iran Act of 2013

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about international affairs
You can read the bill
Sponsor Johnny Isakson, R-Ga.
Total Cosponsors 9 (7 Democrats, 2 Republicans)
Introduced March 13, 2013
Latest Major Action Sept. 12, 2013
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

Justice for Former American Hostages in Iran Act of 2013 - Establishes in the Treasury the American Hostages in Iran Compensation Fund for the purpose of making payments to the 52 Americans held hostage in the U.S. embassy in Tehran, Iran, from November 3, 1979-January 20, 1981.

Imposes a surcharge, to be deposited into the Fund, of 30% on the amount of: (1) any fine or monetary penalty assessed on a person for violation of a law or regulation penalizing any economic activity relating to Iran that is administered by the Department of the Treasury, the Department of Justice (DOJ), or the Department of Commerce; or (2) the monetary amount of a settlement entered into by a person regarding a suspected violation of such a law or regulation.

Requires Fund payments of $150,000 plus $5,000 for each day of captivity first to each living former hostage and then to the estate of each deceased former hostage.

Requires a payment recipient to waive and forever release...

(Source: Congressional Research Service)

Bill Actions

Date Description
Sept. 12, 2013 Placed on Senate Legislative Calendar under General Orders. Calendar No. 183.
Sept. 12, 2013 Committee on Foreign Relations. Reported by Senator Menendez with an amendment in the nature of a substitute and an amendment to the title. With written report No. 113-104.
June 25, 2013 Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.
March 13, 2013 Read twice and referred to the Committee on Foreign Relations.