House Dems push for 9/11 Victim Compensation Fund bill

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Published on 12 Jul 2019, 16:36
House Speaker Nancy Pelosi and Reps. Carolyn Maloney, Jerry Nadler, Peter King and others are holding a press conference ahead of vote on the Never Forget The Heroes Act.

The HR 1327 bill funds the September 11th Victim Compensation Fund of 2001 through to 2090, and it gained national attention after comedian Jon Stewart gave an emotional House testimony on the victims' behalf.

Additionally, the bill modifies the Victim Compensation Fund (VCF):

•to allow claims to be filed until October 2089
•to allow claims to be filed until October 2089
•to require VCF policies and procedures to be reassessed at least once every five years (currently, at least once annually)
•to require claimants to be paid for the amount by which a claim was reduced on the basis of insufficient funding
•to remove the cap on noneconomic damages in certain circumstances
•to adjust the annual limit on economic loss compensation for inflation