Never Forget the Heroes: James Zadroga, Ray Pfeifer, and Luis Alvarez Permanent Authorization of the September 11th Victim Compensation Fund Act
(Sec. 2) This bill funds through FY2092 the September 11th Victim Compensation Fund of 2001.
Additionally, the bill modifies the Victim Compensation Fund (VCF):
to allow claims to be filed until October 2090, to require VCF policies and procedures to be reassessed at least once every five years (currently, at least once annually), to require claimants to be paid for the amount by which a claim was reduced on the basis of insufficient funding, to remove the cap on noneconomic damages in certain circumstances, and to periodically adjust the annual limit on economic loss compensation for inflation. (Sec. 3) It provides statutory authority for the Attorney General to appoint a special master and up to two deputy special masters to administer the VCF.
(Sec. 4) The bill exempts the budgetary effects of this bill from the Pay-As-You-Go (PAYGO) rules established by the Statutory Pay-As-You-Go Act of 2010 and the FY2018 congressional budget resolution.
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