H. Rept. 114-685 1 (2016-07-12)

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INFORMATION
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                    114TH CONGRESS                                         REPORT
                       2d Session     HOUSE   OF REPRESENTATIVES           114-685







                       CLARIFYING AMENDMENT TO PROVIDE TERRORISM
                                         VICTIMS EQUITY ACT



                     JULY 12, 2016.-Committed to the Committee of the Whole House on the State of
                                       the Union and ordered to be printed



                           Mr. GOODLATTE,  from  the Committee  on the Judiciary,
                                          submitted  the following


                                             REPORT

                                           [To accompany H.R. 3394]

                              [Including cost estimate of the Congressional Budget Office]

                      The  Committee   on the Judiciary, to whom  was  referred the bill
                    (H.R. 3394) to amend  the Terrorism  Risk Insurance  Act of 2002 to
                    allow for the use of certain assets of foreign persons and  entities
                    to satisfy certain judgments against terrorist parties, and for other
                    purposes,  having considered  the same,  reports favorably  thereon
                    with an  amendment   and  recommends   that the bill as amended  do
                    pass.

                                                 CONTENTS
                                                                                    Page
                    The A m endm ent .....................................................................................................  1
                    Purpose and Sum m ary  ............................................................................................  2
                    Background and Need for the Legislation     .............................................................  2
                    H earings ...................................................................................................................  5
                    Com m ittee  Consideration  ........................................................................................  5
                    C om m ittee  V otes  ......................................................................................................  5
                    Com m ittee  Oversight  Findings  ..............................................................................  5
                    New Budget Authority and Tax Expenditures .....................................................  6
                    Congressional Budget Office Cost Estimate .........................................................  6
                    Duplication of Federal Program s  ............................................................................  7
                    Disclosure of Directed  Rule  M akings  .....................................................................  7
                    Performance Goals and  Objectives  .........................................................................  7
                    A dvisory on  Earm arks  ............................................................................................  7
                    Section-by-Section  Analysis  ...................................................................................  7
                    Changes in Existing Law Made by the Bill, as Reported .....................................  8


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