Goodlatte Statement at Markup of the “CAPTIVE Act”
Chairman Goodlatte: I would like to begin by thanking
The CAPTIVE Act makes two small, but important changes to section 201 of the Terrorism Risk Insurance Act to make it easier for
Under current federal law, victims of terrorism may satisfy a court-awarded judgment they have against a terrorist party out of any assets of that terrorist party that the federal government has frozen pursuant to the Trading with the Enemy Act or the International Emergency Economic Powers Act. The CAPTIVE Act amends this provision to provide that assets frozen by the federal government pursuant to the Foreign Narcotics Kingpin Designation Act are also available to satisfy judgments against terrorist parties.
This is an important change to the law in cases involving narco-terrorists, like the
This is more than a hypothetical problem. Several weeks ago, I met with some of the victims, and family members of the victims, of a 2003
After they were rescued and returned to
It makes little sense for the law to reach terrorist organizations like the
In addition, to make section 201 consistent with the civil liability provision in the Anti-Terrorism Act and the state sponsored terrorism exception to the Foreign Sovereign Immunities Act, the CAPTIVE Act defines the term "person" as limited to
I urge my colleagues to support this bi-partisan legislation to provide victims of narco-terrorism some measure of financial justice against the terrorist groups that have caused them harm.
For more on today's markup, go to: https://judiciary.house.gov/markup/markup-april-27/.
Read this original document at: https://judiciary.house.gov/press-release/goodlatte-statement-markup-captive-act/


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