This bill establishes new funding to compensate U.S. victims of state-sponsored terrorism by directing approximately $2.8 billion from forfeited assets in the Binance criminal case into a dedicated compensation fund, while also requiring the Department of Justice and Treasury to transfer 50% of their excess forfeiture funds annually to support future payments. The law mandates that all fifth-round payments to eligible terrorism victims be distributed by June 30, 2025, and includes protections to ensure these transfers do not interfere with existing law enforcement programs or court-ordered restitution to other crime victims. This represents a significant infusion of resources into the terrorism victims compensation program, funded primarily through criminal asset forfeitures rather than new taxpayer appropriations.
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