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Senate-house Conference Agrees on Heirless Property Settlement

October 4, 1962
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A Senate-House conference agreed today on an enemy assets disposition bill containing an amendment providing a $500, 000 lump sum settlement of all claims of successor organizations for use in rehabilitation of needy Jewish persecutees of the Nazi regime living in the United States.

The amendment was sponsored by Senators Kenneth B. Keating and Jacob K. Javit s, both of New York. This is the so-called heirless property amendment on which action was pending for a considerable time. The sum will go to the Jewish Restitution Successor Organization. The bill reported out today by the conference committee will go to the President.

The conference dropped another amendment, however, which would have provided individual compensation payments to German Jews who since World War II became American citizens. The basic legislation pertained to the sale of the General Aniline & Film Corporation, German property vested by the United States during World War II and disposition of the proceeds.

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