A bill to amend the International Claims Settlement Act of 1949 to provide that the value of claims be based on the fair market value of the property taken.

[AI summary unavailable — showing source text] Amends the International Claims Settlement Act of 1949 to require the Foreign Claims Settlement Commission of the United States, in determining the value of a claim under international law, to award the fair market value of the property seized by a foreign government. Sets forth the method of determining fair market value.…