BREAKING NEWS

Senate committee passes Jewish compensation resolution

By JTA

SEPTEMBER 20, 2012 20:13

WASHINGTON - A resolution urging the return or compensation of property seized from Jews during the Nazi and communist eras was passed by the US Senate Foreign Relations Committee.

The resolution calls on European countries such as Poland, Romania, Latvia, Slovenia and Croatia to establish a “simple, transparent and timely process” for the return or compensation of seized property, and the secretary of state to issue an updated report evaluating whether these governments have “met the basic standards and best practices of the international community.”

Sen. Bill Nelson (R-Fla.) sponsored the resolution, which was co-sponsored by Sen. Ben Cardin (D-Md.) and Sen. Sherrod Brown (D-Ohio).

According to the Jerusalem Center for Public Affairs, the value of seized Jewish assets as of 2005 was between $143 billion and $215 billion.

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