H.R.5367 - BASTA Act113th Congress (2013-2014)
|Sponsor:||Rep. Posey, Bill [R-FL-8] (Introduced 07/31/2014)|
|Committees:||House - Judiciary|
|Latest Action:||House - 09/26/2014 Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations. (All Actions)|
This bill has the status Introduced
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Summary: H.R.5367 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in House (07/31/2014)
Bank Account Seizure of Terrorist Assets Act or BASTA Act - Amends the Terrorism Risk Insurance Act of 2002 to subject the blocked assets of a terrorist party to execution or attachment in aid of execution in order to satisfy a judgment based upon an act of terrorism, regardless of whether the terrorist party ceases to be a terrorist party after judgment is entered.
Redefines a blocked asset to include any asset seized or frozen by the United States under the Foreign Narcotics Kingpin Designation Act.