After a last-minute compromise, the U.S. Senate passed legislation yesterday to provide up to $4.2 billion in new aid to survivors of the 9/11 terror attack on the World Trade Center and responders who became ill working in its ruins. The measure was a product of a compromise involving Democratic Senators Charles Schumer and Kirsten Gillibrand of New York and Republican Senator Tom Coburn of Oklahoma. The legislation provides money for monitoring and treating illnesses related to Ground Zero and reopens a victims’ compensation fund for another five years to cover wage and other economic losses of sickened workers and nearby residents. Senators Schumer and Gillibrand had sought $6.2 billion and keeping the compensation fund open for 10 years.
The bill also caps legal fees. Lawyers for those injured while responding to the attacks could receive up to 10 percent of their clients’ compensation, but no more. The legislation will head to President Barack Obama for his signature if the House of Representatives agrees with the compromise.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]