← Back to Bills
HR 2401106th CongressSigned into LawHouse

U.S. Holocaust Assets Commission Extension Act

Policy Area: Finance and Financial Sector
View on Congress.gov
Origin Chamber
House
Last Updated
Jan 14, 2025
Latest Action Date
Dec 9, 1999

Latest Action

Became Public Law No: 106-155.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

The U.S. Holocaust Assets Commission Extension Act, enacted as Public Law 106-155 on December 9, 1999, extends the authority and operational period of the U.S. Holocaust Assets Commission. The Commission was established to investigate and report on assets seized from Holocaust victims and related restitution efforts. This extension allows the Commission to continue its work in identifying, recovering, and reporting on assets and related issues tied to the Holocaust era.

Bottom Line

This law extends the operational timeframe of the U.S. Holocaust Assets Commission to continue its investigations and reporting on Holocaust-era assets.

Policy Risk Level
🟢 Low
Neutral Risk Assessment
Key Points
  • The bill extends the duration of the U.S. Holocaust Assets Commission beyond its original mandate.
  • The Commission focuses on investigating assets seized during the Holocaust and efforts for restitution.
  • The law was signed into law on December 9, 1999, and is part of the Finance and Financial Sector policy area.
Who Benefits?

['Holocaust survivors and their heirs seeking restitution or information about seized assets', 'Government agencies involved in asset recovery and restitution', 'Organizations dedicated to Holocaust remembrance and justice']

Potential Concerns

["The extension may require additional funding and resources to support the Commission's ongoing activities.", 'Oversight mechanisms must ensure the Commission operates transparently and effectively during the extended period.', "The scope of authority and duration extensions could raise questions about the Commission's mandate and sunset provisions."]

Political Context

The bill was passed by the 106th Congress and signed into law in late 1999, reflecting ongoing legislative efforts to address unresolved issues related to Holocaust-era assets. The Commission's work aligns with broader governmental and societal commitments to Holocaust restitution and historical accountability within the Finance and Financial Sector policy area.

Hidden Impact Review

Hidden impact flags detected: 1

GovScope reviewed 1 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

1 Detected
Detected Flags
Indirect Effects

['Continued investigations may lead to new findings that impact financial institutions or governments holding Holocaust-era assets.', 'Extended Commission activity could influence international restitution negotiations or policies.', "Ongoing public awareness and education about Holocaust asset issues may be supported by the Commission's extended mandate."]

GovScope Watchdog Notes

Transparency regarding the Commission's funding, activities, and findings during the extended period will be important for public accountability. Oversight should ensure that the Commission's mandate remains focused and that resources are used efficiently. The absence of detailed bill text limits the ability to assess specific provisions or enforcement mechanisms.

Passage Likelihood: HighConfidence: 90%Model: gpt-4.1-mini

GovScope Intelligence Roadmap

Future bill intelligence will connect sponsors, committee referrals, related votes, campaign finance, disclosures, and stock trades into one legislative intelligence view.

Enterprise Ready