Libyan Claims Resolution Act

[AI summary unavailable — showing source text] Libyan Claims Resolution Act - States that Congress supports the President's efforts to provide fair compensation to all U.S. nationals who have terrorism-related claims against Libya as part of the process of restoring normal U.S.-Libya relations. Defines "claims agreement" as a binding international agreement between the United States and Libya that provides for the settlement of terrorism-related claims of U.S. nationals against Libya through fair compensation Authorizes the Secretary of State, after consultation with the appropriate congressional committees, to designate one or more entities to assist in providing compensation to U.S. nationals pursuant to a claims agreement. States that: (1) upon such designation property that relates to the claims agreement and that is held by or transferred to or from a designated entity shall be immune from attachment or any other judicial process; (2) such entity and any person acting through or on its behalf shall not be liable in any federal or state court for any action taken to implement a claims agreement; and (3) such entity shall not be subject to the Government Corporation Control Act. Exempts Libya (and related instrumen…