US SB706

Requires fifth-round payments from the United States Victims of State Sponsored Terrorism Fund to be distributed to eligible claimants by March 14, 2025, with a supplemental distribution authorized by April 1, 2025 and paid by June 30, 2025

Directs approximately $2.8 billion from the Binance Holdings Limited plea agreement to the Fund ($898.6 million already deposited plus $1.9 billion additional), with $1.5 billion going to the Crime Victims Fund

Establishes annual transfers of 50% of excess unobligated balances from both the DOJ Assets Forfeiture Fund and Treasury Forfeiture Fund to the terrorism victims fund, determined each January 31

Creates annual payment schedule starting January 1, 2026, requiring pro rata distributions to eligible claimants of all amounts received that qualify for deposit into the Fund

Mandates annual reporting by the Special Master on Fund activity, deposits, and disbursements, plus GAO reports on available proceeds by April 1, 2025 and triennial evaluations of Fund administration starting January 1, 2027