Techcrisis Investment Guild-Iowa lawmakers approve bill just in time to increase compensation for Boy Scout abuse victims

2025-05-01 21:54:27source:verdicoincategory:Markets

DES MOINES,Techcrisis Investment Guild Iowa (AP) — Iowa men who were victims of child sexual molestation while they were in the Boy Scouts of America could get higher legal compensation under a bill approved Friday by lawmakers and expected to be signed by the governor, just before the deadline to do so will expire.

The retroactive measure, which would waive the statute of limitations for victims filing a civil claim as part of the Boy Scouts of America bankruptcy settlement, would take effect after Gov. Kim Reynolds signs it.

The Boy Scouts filed for bankruptcy protection in 2020 as it faced hundreds of lawsuits filed by men alleging they had been sexually abused as children by their Scout leaders and volunteers. A $2.46 billion bankruptcy reorganization plan was approved in 2022, after more than 80,000 men filed claims nationwide.

A state’s statute of limitations could decrease the damages that victims receive, according to the fund’s distribution procedures. Under the settlement terms, states had until Friday to extend their statutes of limitations.

“We are facing a clock that is ticking to ensure that they will not be financially penalized because their abuse occurred within the borders of our state,” Sen. Janet Petersen, a Democrat, said Wednesday.

READ MORE The EPA is again allowing summer sales of higher ethanol gasoline blend, citing global conflictsThe Iowa Hawkeyes are installing a new offense. The players say their new OC is ‘intense,’ tooScoring sensation Lucy Olsen transfers to Iowa. Ex-Villanova player helps fill void of Caitlin Clark

Iowa law requires victims of child sexual abuse to file claims by age 19 or, if older, within four years of realizing a sustained injury was caused by the abuse. The new measure — which applies only to the case against the Boy Scouts of America — allows victims within the Scouts to seek legal action at any time.

It’s unclear how many Iowa victims may now file new claims by the May 31 deadline.

Reynolds’ spokesperson indicated the governor would sign the bill if it reached her desk.

More:Markets

Recommend

How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast

After 14 years, the police procedural "Blue Bloods" is coming to an end.Season 14 has been released

Slovakia’s leader voices support for Hungary’s Orbán in EU negotiations on funding for Ukraine

BUDAPEST, Hungary (AP) — The leaders of Hungary and Slovakia on Tuesday said they agree on the need

After over 100 days of war, Palestinians fight in hard-hit areas of Gaza and fire rockets at Israel

RAFAH, Gaza Strip (AP) — Palestinian militants battled Israeli forces in devastated northern Gaza an