PURPOSES.

SEC. 3. PURPOSES. The purposes of this Act are the following: (1) To ensure that laws governing claims to Nazi-confiscated art and other property further United States policy as set forth in the Washington Conference Principles on Nazi- Confiscated Art, the Holocaust Victims Redress Act, and the Terezin Declaration. (2) To ensure that claims to artwork and other property stolen or misappropriated by the Nazis are not unfairly barred by statutes of limitationsand other non-merits defenses but are resolved in a just and fair manner.