All Information (Except Text) for S.1083 - Holocaust Insurance Accountability Act of 2021117th Congress (2021-2022) |
|Sponsor:||Sen. Rubio, Marco [R-FL] (Introduced 04/13/2021)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 04/13/2021 Read twice and referred to the Committee on the Judiciary. (All Actions)|
This bill has the status Introduced
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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries
Actions Overview (1)
|04/13/2021||Introduced in Senate|
All Actions (1)
|04/13/2021||Read twice and referred to the Committee on the Judiciary.|
Action By: Senate
|Sen. Rosen, Jacky [D-NV]*||04/13/2021|
|Sen. Scott, Rick [R-FL]*||04/13/2021|
|Sen. Sasse, Ben [R-NE]*||04/13/2021|
|Sen. Ernst, Joni [R-IA]*||04/13/2021|
|Sen. Cramer, Kevin [R-ND]*||04/13/2021|
|Committee / Subcommittee||Date||Activity||Related Documents|
|Senate Judiciary||04/13/2021||Referred to|
Subject — Policy Area:
One Policy Area term, which best describes an entire measure, is assigned to every public bill or resolution.
Latest Summary (1)
Introduced in Senate (04/13/2021)
Holocaust Insurance Accountability Act of 2021
This bill allows a beneficiary (or an heir of a beneficiary) of certain insurance policies in effect during the Holocaust to sue in U.S. district court to enforce rights under such policies.
An insurance policy covered under this bill must have been (1) in effect at any time between January 31, 1933, and December 31, 1945, and (2) issued to a policyholder domiciled in Nazi-controlled territory or Switzerland.
A court shall award to a prevailing beneficiary (1) the amount due under a policy, (2) prejudgment interest of 6% a year, (3) attorney's fees and costs, and (4) treble damages if the insurer acted in bad faith.
An action under this bill or state law related to a covered insurance policy shall be considered timely if filed within 10 years of this bill's enactment.
Judgments and agreements entered before this bill's enactment shall not preclude a claim brought under the bill, with certain exceptions. Neither executive agreements between the United States and a foreign government nor U.S. executive foreign policies shall (1) affect or preclude claims brought under this bill, or (2) supersede or preempt any state laws relating to insurance policies covered by this bill.