Title 50 › Chapter 51— WAR CLAIMS › Subchapter I— TITLE I OF WAR CLAIMS ACT OF 1948 › § 4114
The Commission can accept claims, decide if they are valid, and arrange payment out of the War Claims Fund. People who can file include U.S. military or naval members who served on or after December 7, 1941; survivors of those members; people who were U.S. nationals on December 7, 1941 and still were on August 31, 1954 (and their survivors if the person died); businesses that were more than 50% owned by such people on both December 7, 1941 and August 31, 1954; and banks or financial firms in the Philippines that reestablished sequestered accounts or credits for those people or for businesses controlled more than 50% by those people. Claims had to be filed within one year after August 31, 1954. If a claimant is legally unable to act, or is dead, payment follows the usual rules for disabled claimants and heirs. No payment will go to anyone who knowingly helped or worked for a government hostile to the United States during World War II. Approved claims are sent to the Secretary of the Treasury. Claims of $500 or less are paid in full. Claims over $500 are paid in two parts: the first part is $500 plus 66 2/3 percent of the amount over $500; the final part is calculated on September 1, 1956 and paid from whatever remains in the War Claims Fund. If the fund can cover all remaining amounts, each unpaid balance is paid in full; if not, the remaining payments are cut back proportionally.
Full Legal Text
War and National Defense — Source: USLM XML via OLRC
Legislative History
Reference
Citation
50 U.S.C. § 4114
Title 50 — War and National Defense
Last Updated
Apr 5, 2026
Release point: 119-73not60