To provide for the restoration of legal rights for claimants under holocaust-era insurance policies.
Summary
What This Bill Does
The bill creates purposes The purposes of this Act are to— allow for the enforcement of State laws requiring the disclosure of information about Holocaust-era insurance policies, notwithstanding the holding of the Supreme Court, defines definitions In this Act: The term beneficiary includes— a named insured or named beneficiary under a covered policy; and an heir, assignee, or legal representative of a named insured or named beneficiary, and creates private right of action; civil actions This Act creates a new Federal private cause of action and Federal subject matter jurisdiction for a beneficiary of a covered policy to bring a civil action against. It relies on compliance mandates, preemption, definition changes, and appropriations. The main policy areas are Regulated Industries, Finance, and Education.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk, Regulated entities and members of the public affected by the bill could face reduced risk, and Educational institutions and students affected by the bill could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Regulated entities and members of the public affected by the bill would take on compliance duties, and Businesses and employers affected by the bill would take on compliance duties.
Key Provisions
- Creates purposes The purposes of this Act are to— allow for the enforcement of State laws requiring the disclosure of information about Holocaust-era insurance policies, notwithstanding the holding of the Supreme Court...
- Defines definitions In this Act: The term beneficiary includes— a named insured or named beneficiary under a covered policy; and an heir, assignee, or legal representative of a named insured or named beneficiary...
- Creates private right of action; civil actions This Act creates a new Federal private cause of action and Federal subject matter jurisdiction for a beneficiary of a covered policy to bring a civil action against...
- Requires effect of executive agreements and executive foreign policy An executive agreement described in subsection (c)(1) and an executive foreign policy described in subsection (c)(2) shall not supercede or preempt...
- Requires effect on State laws Nothing in this Act shall supersede or preempt any State law except to the extent the law of the State conflicts with this Act.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates purposes The purposes of this Act are to— allow for the enforcement of State laws requiring the disclosure of information about Holocaust-era insurance policies, notwithstanding the holding of the Supreme Court, defines definitions In this Act: The term beneficiary includes— a named insured or named beneficiary under a covered policy; and an heir, assignee, or legal representative of a named insured or named beneficiary, and creates private right of action; civil actions This Act creates a new Federal private cause of action and Federal subject matter jurisdiction for a beneficiary of a covered policy to bring a civil action against.
Key Policy Areas
Regulated Industries, Finance, Education
Primary Purpose
The bill creates purposes The purposes of this Act are to— allow for the enforcement of State laws requiring the disclosure of information about Holocaust-era insurance policies, notwithstanding the holding of the Supreme Court, defines definitions In this Act: The term beneficiary includes— a named insured or named beneficiary under a covered policy; and an heir, assignee, or legal representative of a named insured or named beneficiary, and creates private right of action; civil actions This Act creates a new Federal private cause of action and Federal subject matter jurisdiction for a beneficiary of a covered policy to bring a civil action against.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
- Regulated entities and members of the public affected by the bill
- Educational institutions and students affected by the bill
- Businesses and employers affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Regulated entities and members of the public affected by the bill
- Businesses and employers affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Kustoff (for himself, Ms. Wasserman Schultz, Mr. Garamendi, and …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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