§5510 United States Government Compensation for Victims of Terrorism

Summary

The President must send Congress, within one year after November 16, 1990, recommendations on whether the United States should provide money and tax relief to U.S. citizens who are victims of terrorism. The President may create a board to set rules for who gets compensation and to suggest changes so there is one clear, complete program. If a person died as a direct result of the Pan American Flight 103 terror attack 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 year cannot be more than 28 percent of the annual basic pay at Level V of the Executive Schedule as of December 21, 1988.