H.R.3603 - Iraq Claims Act of 2003108th Congress (2003-2004)
|Sponsor:||Rep. Gerlach, Jim [R-PA-6] (Introduced 11/21/2003)|
|Committees:||House - International Relations|
|Latest Action:||House - 11/21/2003 Referred to the House Committee on International Relations. (All Actions)|
This bill has the status Introduced
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Summary: H.R.3603 — 108th Congress (2003-2004)All Information (Except Text)
Introduced in House (11/21/2003)
Iraq Claims Act of 2003 - Requires the Foreign Claims Settlement Commission of the United States to determine the validity and amount of each individual and corporate claim against Iraq arising between May 16, 1987, and May 1, 2003, and certify such determinations to the Secretary of State and the Secretary of the Treasury.
States that the provisions of title I of the International Claims Settlement Act of 1949 will apply.
Provides for interest on claims from the date of loss or injury to the date of settlement.