HR 3662: U.S. Holocaust Assets Commission Act of 1998

Congress: 105 · Status: active · Israel/Palestine classification: neutral

Data (JSON) — machine-readable record of this bill (identifiers, sponsor, classification, actions, and the member-by-member vote breakdown).

Official record on Congress.gov — full text, actions, and cosponsor history for HR 3662.

Sponsor: Leach, James A. (R-IA)

Summary

U.S. Holocaust Assets Commission Act of 1998 - Establishes the Presidential Advisory Commission on Holocaust Assets in the United States to: (1) study and develop an historical record of the collection and disposition of specified assets of Holocaust victims if they came into the possession or control of the Federal government, including the Board of Governors of the Federal Reserve System and any Federal reserve bank, at any time after January 30, 1933; (2) coordinate its activities with those of private and governmental entities; (3) review comprehensively research conducted by other entities regarding such assets in the United States; and (4) report its recommendations to the President. Instructs the President to report recommendations for action to the Congress. Authorizes appropriations.

Editorial Explainer

Creates a presidential commission to investigate what happened to assets stolen from Holocaust victims that ended up in U.S. government hands (including Federal Reserve banks) after 1933. The commission will study historical records, coordinate with other researchers, and recommend actions to the President, who must report findings to Congress.

Why it matters

This bill has no connection to Israel-Palestine policy or U.S.-Israel relations. It addresses Nazi-era asset recovery in the United States during World War II, a distinct historical and legal matter outside the scope of congressional voting on Middle East conflict issues.

Cosponsors (35)