This bill authorizes the Treasury Department to loan $3 billion per year to the United States Victims of State Sponsored Terrorism Fund for fiscal years 2027, 2028, and 2029, ensuring that the full borrowed amount is distributed to victims each year rather than being held in reserve. The legislation is named after Joseph D. Mistrulli and Alan Kleinberg, victims of terrorism attacks. The loans will bear interest at Treasury-determined rates and must be repaid using criminal and civil fines, penalties, and forfeitures from cases involving state sponsors of terrorism after the fund expires. The borrowing authority sunsets on September 30, 2029, though borrowed funds remain available until spent and subject to repayment obligations. This measure treats the borrowed funds as direct spending rather than a new appropriation, allowing immediate distribution to terrorism victims without requiring additional congressional appropriations.
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