H.R.2597 - American-Owned Property in Occupied Cyprus Claims Act112th Congress (2011-2012)
|Sponsor:||Rep. Pallone, Frank, Jr. [D-NJ-6] (Introduced 07/20/2011)|
|Committees:||House - Foreign Affairs; Judiciary|
|Latest Action:||10/25/2011 Referred to the Subcommittee on Europe and Eurasia. (All Actions)|
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Summary: H.R.2597 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (07/20/2011)
American-Owned Property in Occupied Cyprus Claims Act - Amends the International Claims Settlement Act of 1949 to urge the President to authorize the Secretary of State to begin negotiations with Turkey to allow for certain claims by U.S. nationals respecting real property in the Turkish-held portions of Cyprus.
Authorizes the Secretary of the Treasury to establish in the Treasury a Claims Fund for the payment of unsatisfied claims of U.S. nationals against Turkey. Sets forth payment procedures.
Grants U.S. district court jurisdiction for civil actions against any private person by a U.S. national who owns property in the Turkish-held portion of Cyprus.