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S. Rept. 114-394 1 (2016-12-06)

handle is hein.congrecreports/crptxsnb0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP Calendar No. 654 114TH CONGRESS REPORT 2d Session SENATE 114-394 HOLOCAUST EXPROPRIATED ART RECOVERY ACT OF 2016 DECEMBER 6, 2016.-Ordered to be printed Mr. GRASSLEY, from the Committee on the Judiciary, submitted the following REPORT [To accompany S. 2763] [Including cost estimate of the Congressional Budget Office] The Committee on the Judiciary, to which was referred the bill (S. 2763) to provide the victims of Holocaust-era persecution and their heirs a fair opportunity to recover works of art confiscated or misappropriated by the Nazis, having considered the same, reports favorably thereon, with an amendment, and recommends that the bill, as amended, do pass. CONTENTS Page I. Background and Purpose of the Holocaust Expropriated Art Recovery A ct ............................................................................................................. 1 II. History of the Bill and Committee Consideration ..................................... 6 III. Section-by-Section Summary of the Bill .................................................... 7 IV. Congressional Budget Office Cost Estimate ............................................... 11 V. Regulatory Im pact Evaluation ...................................................................... 12 V I. C onclusion ..................................................................................................... . 12 VII. Changes to Existing Law Made by the Bill, as Reported ........................... 12 I. BACKGROUND AND PURPOSE OF THE HOLOCAUST EXPROPRIATED ART RECOVERY ACT OF 2016 From 1933, when Hitler and his National Socialist German Workers Party, the Nazis, took power in Germany, until 1945, when the Allied Forces vanquished the Third Reich, the Nazis stole hundreds of thousands of artworks from museums and private col- lections throughout Europe. This systematic looting of the artwork and other cultural property of Jews and other persecuted groups- one of the Nazis' many crimes against humanity-has been de- 69-010

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