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News Brief

October 2, 1998
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California will aid Holocaust survivors in their claims against European insurance companies under two bills signed by Gov. Pete Wilson. One bill provides $4 million to enable state Insurance Department investigators to go to Europe and comb the files of major insurance companies that have been unwilling to honor Holocaust-era claims. The second bill signed into law will enable claimants not to pay state income taxes on recovered Holocaust-era assets from banks, insurance companies or the return of looted art.

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