A bill to direct the President to liquidate assets of Vietnam or a national thereof in order to pay certain awards made by the Foreign Claims Settlement Commission.
Vietnam Property Liquidation Act - Directs the President to liquidate as much of the assets of the Government of Vietnam or of any national of Vietnam as may be necessary to pay the certified awards made by the Foreign Claims Settlement Commission to U.S. nationals under the provisions of the International Claims Settlement Act of 1949 dealing with claims against Vietnam. Requires the amount received from the liquidation of such assets to be deposited in the Claims Fund established pursuant to such provisions of such Act. Declares that any surplus shall be deemed to be assets of the Government of Vietnam or of any national of Vietnam.
Introduced in House
Introduced in House
Referred to House Committee on Foreign Affairs.
Referred to Subcommittee on International Economic Policy and Trade.
Referred to Subcommittee on Asian and Pacific Affairs.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line