§5510 United States Government compensation for victims of terrorism

Summary

The President must send Congress recommendations, no later than one year after November 16, 1990, on whether the United States should pass laws to give money and tax relief as compensation to U.S. citizens who are victims of terrorism. The President may also create a board to set rules for who gets compensation and to suggest changes to current laws so there is one clear, complete system for helping victims. If a person died as a direct result of the Pan American Airways Flight 103 terrorist disaster over Lockerbie, Scotland, on December 21, 1988, federal income tax does not apply for the tax year that includes December 21, 1988 and for the prior tax year. The tax benefit for any one person, for any one year, cannot exceed 28 percent of the annual basic pay at Level V of the Executive Schedule as of December 21, 1988.