The Austrian Parliament agreed yesterday to send to its finance budget committee the draft of a restitution law to cover losses by political persecutees during the Nazi regime in Austria.
The measure would cover losses suffered from March 1933 to May 1945 through confiscation, loss or destruction of household items needed by the victims to hold jobs. Persons whose income in 1955 was more than $240 a month would not be eligible for restitution but persons over 70 years of age would receive full benefits. Special provisions are in the measure for persons living under hardship conditions now.
The coalition parties in the Austrian Government plan to establish funds of 150,000,000 schillings with payments totalling 30,000,000 schillings annually for five years. Individual payments would not exceed $2,000 per person.
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