,,ii #aacth ,,congress #ast ,session ,s4 #eei ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ac1 #bjac ,mr4 ,isakson 7for himself and ,mr4 ,blumenthal7 introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,a ,,bill ,to establish a fund to make payments to the ,americans held hostage in ,iran1 and to members of their families1 who are identified as members of the proposed class in case number #a3jh-;,,cv-#jjdhg 7,,egs7 of the ,united ,states ,district ,court for the ,district of ,columbia1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,justice for ,former ,american ,hostages in ,iran ,act of #bjac4 #b4 ,american ,hostages in ,iran ,compensation ,fund 7a7 ,establishment ,there is established in the ,treasury a fund1 to be known as the ,american ,hostages in ,iran ,compensation ,fund 7in this section referred to as the ,fund7 for the purposes of-- 7#a7 making payments to the ,americans held hostage in ,iran1 and to members of their families1 who are identified as members of the proposed class in case number #a3jh-;,,cv-#jjdhg 7,,egs7 of the ,united ,states ,district ,court for the ,district of ,columbia2 and 7#b7 satisfying the claims of the members of the proposed class against ,iran relating to the alleged taking of hostages or treatment of personnel of the ,united ,states embassy in ,tehran1 ,iran1 between ,november #c1 #aigi1 and ,january #bj1 #aiha4 7b7 ,funding 7#a7 ,imposition of surcharge 7,a7 ,in general ,there is imposed a surcharge equal to #cj percent of the amount of any fine or penalty imposed1 in whole or in part1 for a violation of a law or regulation specified in subparagraph 7,b7 committed on or after the date of the enactment of this ,act4 7,b7 ,laws and regulations specified ,a law or regulation specified in this subparagraph is any law or regulation imposing a fine or penalty for any economic activity relating to ,iran that is administered by the ,department of ,state1 the ,department of the ,treasury1 the ,department of ,justice1 the ,department of ,commerce1 or the ,department of ,energy4 7,c7 ,termination of deposits ,the imposition of the surcharge under subparagraph 7,a7 shall terminate on the date on which all amounts described in subsection 7c77#b7 have been distributed to all recipients described in that subsection4 7#b7 ,deposits into ,fund2 availability of amounts 7,a7 ,deposits ,the ,secretary of the ,treasury shall deposit in the ,fund all surcharges collected pursuant to paragraph 7#a77;,a74 7,b7 ,payment of surcharge to ,secretary of the ,treasury ,a person upon which a surcharge is imposed under paragraph 7#a77;,a7 shall pay the surcharge to the ,secretary without regard to whether the fine or penalty with respect to which the surcharge is imposed-- 7i7 is paid directly to the ,federal agency that administers the law or regulation pursuant to which the fine or penalty is imposed2 or 7ii7 is deemed satisfied by a payment to another ,federal agency4 7,c7 ,availability of amounts in ,fund ,amounts in the ,fund shall be available1 without further appropriation1 to make payments under subsection 7c74 7c7 ,distribution of funds 7#a7 ,administration of ,fund ,payments from the ,fund shall be administered1 subject to oversight by the ,secretary of the ,treasury1 by the named representatives of the proposed class described in subsection 7a77#a7 and an agent the members of the proposed class designate for the purpose of administering payments from the ,fund4 7#b7 ,payments ,subject to paragraphs 7#c7 and 7#d71 payments shall be made from the ,fund to the following recipients in the following amounts3 7,a7 ,to each living former hostage identified as a member of the proposed class described in subsection 7a77#a71 #aj1jjj for each day of captivity of the former hostage4 7,b7 ,to the estate of each deceased former hostage identified as a member of the proposed class described in subsection 7a77#a71 #aj1jjj for each day of captivity of the former hostage4 7,c7 ,to each spouse or child of a former hostage identified as a member of the proposed class described in subsection 7a77#a7 if the spouse or child is identified as a member of that proposed class1 #e1jjj for each day of captivity of the former hostage4 7#c7 ,priority ,payments from the ,fund shall be distributed under paragraph 7#b7 in the following order3 7,a7 ,first1 to each living former hostage described in paragraph 7#b77;,a74 7,b7 ,second1 to the estate of each deceased former hostage described in paragraph 7#b77;,b74 7,c7 ,third1 to each spouse or child of a former hostage described in paragraph 7#b77;,c74 7#d7 ,consent of recipient ,a payment to a recipient from the ,fund under paragraph 7#b7 shall be made only after receiving the consent of the recipient4 7d7 ,preclusion of future actions and release of claims 7#a7 ,preclusion of future actions ,a recipient of a payment under subsection 7c7 may not file or maintain an action against ,iran in any ,federal or ,state court for any claim relating to the events described in subsection 7a77#b74 7#b7 ,release of all claims ,upon the payment of all amounts described subsection 7c77#b7 to all recipients described in that subsection1 all claims against ,iran relating to the events described in subsection 7a77#b7 shall be deemed waived and forever released4 7e7 ,deposit of remaining funds into the ,treasury 7#a7 ,in general ,any amounts remaining in the ,fund after the date specified in paragraph 7#b7 shall be deposited in the general fund of the ,treasury4 7#b7 ,date specified ,the date specified in this paragraph is the later of-- 7,a7 the date on which all amounts described in subsection 7c77#b7 have been made to all recipients described in that subsection2 or 7,b7 the date that is #e years after the date of the enactment of this ,act4