22 U.S.C. § 1703

GUAM WORLD WAR II CLAIMS FUND.

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“(a)Establishment of Fund.—The Secretary of the Treasury shall establish in the Treasury of the United States a special fund (in this title referred to as the ‘Claims Fund’) for the payment of claims submitted by compensable Guam victims and survivors of compensable Guam decedents in accordance with sections 1704 and 1705.“(b)Composition of Fund.—The Claims Fund established under subsection (a) shall be composed of amounts deposited into the Claims Fund under subsection (c) and any other payments made available for the payment of claims under this title.“(c)Payment of Certain Duties, Taxes, and Fees Collected From Guam Deposited Into Fund.—“(1)In general.—Notwithstanding section 30 of the Organic Act of Guam (48 U.S.C. 1421h), the excess of—“(A) any amount of duties, taxes, and fees collected under such section after fiscal year 2014, over“(B) the amount of duties, taxes, and fees collected under such section during fiscal year 2014,shall be deposited into the Claims Fund.“(2)Application.—Paragraph (1) shall not apply after the date for which the Secretary of the Treasury determines that all payments required to be made under section 1704 have been made.“(d)Limitation on Payments Made From Fund.—“(1)In general.—No payment may be made in a fiscal year under section 1704 until funds are deposited into the Claims Fund in such fiscal year under subsection (c).“(2)Amounts.—For each fiscal year in which funds are deposited into the Claims Fund under subsection (c), the total amount of payments made in a fiscal year under section 1704 may not exceed the amount of funds available in the Claims Fund for such fiscal year.“(e)Deductions From Fund for Administrative Expenses.—The Secretary of the Treasury shall deduct from any amounts deposited into the Claims Fund an amount not to exceed 5 percent of such amounts as reimbursement to the Federal Government for expenses incurred by the Foreign Claims Settlement Commission and by the Department of the Treasury in the administration of this title. The amounts so deducted shall be used to reimburse the applicable appropriations.