A bill to recognize the organization known as Former Members of Congress.

(Reported to senate from the Committee on the Judiciary with amendment, S. Rept. 97-306)

Grants a Federal charter to the organization known as the Former Members of Congress.

Grants the Court of Claims jurisdiction over claims against the United States for losses sustained by producers, processors, manufacturers, distributors, or other persons resulting from the ban on children's sleepwear containing Tris phosphate.

Enumerates factors to be considered by the court in determining the validity of claims. States that the amount of losses shall not include lost profits, distress sale proceeds, attorney fees, or interest on losses. Sets forth the measure of losses for the types of claimants.

Prescribes the respective measures of losses for producers, converters, manufacturers, distributors, and retailers of Tris-treated sleepwear or the fabric, yarn, or fiber. Prohibits class action claims. Directs the subrogation of the United States to successful claimants' rights to recover losses.

Bars claims under this Act unless begun within two years of enactment.

Prohibits any payments under this Act until such time as the claimant produces proof of the proper disposal of such goods.