Full text and guidelines for the Victims of Terrorism Relief Act of 2001, IRC 5891 (STRUCTURED SETTLEMENT FACTORING TRANSACTIONS.)
Full text and guidelines for the Victims of Terrorism Relief Act of 2001, IRC 5891 (STRUCTURED SETTLEMENT FACTORING TRANSACTIONS.)
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The Fund has paid more than $3.3 billion to victims in four rounds of distributions.
At the end of the process $7 billion was awarded to 97% of the families.
An act to amend the Internal Revenue Code of 1986 to provide tax relief for victims of the terrorist attacks against the United States, and for other purposes.
The catch-up payments allow eligible 9/11 victims to receive a percentage of their claims from the Fund equal to the percentage other 9/11 family members received in earlier rounds.