A resolution to direct the Senate Legal Counsel to appear as amicus curiae in the name of the Senate in Bank Markazi, The Central Bank of Iran v. Deborah D. Peterson, et al. (S. Ct.)
About This Bill
Passed
Latest Action · December 10, 2015
Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S8619; text as passed Senate: CR S8610)
(This measure has not been amended since it was introduced. The summary has been expanded becasue action occurred on the measure.)
Directs the Senate Legal Counsel to appear as amicus curiae on behalf of the Senate in the case of Bank Markazi, The Central Bank of Iran v. Deborah D. Peterson, et al., to defend the constitutionality of section 502 of the Iran Threat Reduction and Syria Human Rights Act of 2012.
(Sec. 502 of that Act makes available for attachment, with respect to judgments against Iran for damages for personal injury or death caused by an act of torture, extrajudicial killing, aircraft sabotage, or hostage-taking, or the provision of material support or resources for such an act, any financial asset that is: (1) property in the United States of a foreign securities intermediary doing business in the United States, (2) a blocked asset that is property identified in and the subject of proceedings in Peterson et al. v. Islamic Republic of Iran et al., and (3) equal in value to a financial asset of Iran that such foreign securities intermediary or a related intermediary holds abroad.)
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.