(I) INCOME OF AN INDIVIDUAL RELATED TO ASSETS STOLEN
FROM, HIDDEN FROM, OR OTHERWISE LOST TO A VICTIM OF NAZI PERSECUTION DUE
TO NAZI PERSECUTION; AND.

(II) A DISTRIBUTION MADE TO AN INDIVIDUAL BECAUSE OF THE
INDIVIDUAL'S STATUS AS:

1. A VICTIM OF NAZI PERSECUTION; OR
2. A SPOUSE OR DESCENDANT OF A VICTIM OF NAZI

PERSECUTION.

(T) (1) (I) IN THIS SUBSECTION THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.

(II) " HOLOCAUST VICTIM" MEANS AN INDIVIDUAL WHO DIED OR
LOST PROPERTY AS A RESULT OF DISCRIMINATORY LAWS, POLICIES, OR ACTIONS
TARGETED AGAINST DISCRETE GROUPS OF INDIVIDUALS BASED ON RACE,
RELIGION, ETHNICITY, SEXUAL ORIENTATION, OR NATIONAL ORIGIN, WHETHER OR
NOT THE INDIVIDUAL WAS ACTUALLY A MEMBER OF ANY OF THOSE GROUPS, OR
BECAUSE THE INDIVIDUAL ASSISTED OR ALLEGEDLY ASSISTED ANY OF THOSE
GROUPS, BETWEEN JANUARY 1, 1929 AND DECEMBER 31, 1945, IN THE COUNTRY OF
NAZI GERMANY, AREAS OCCUPIED BY NAZI GERMANY, THOSE EUROPEAN
COUNTRIES ALLIED WITH NAZI GERMANY, AREAS OCCUPIED BY THOSE EUROPEAN
COUNTRIES ALLIED WITH NAZI GERMANY, OR ANY OTHER NEUTRAL EUROPEAN
COUNTRY OR AREA IN EUROPE UNDER THE INFLUENCE OR THREAT OF INVASION BY
NAZI GERMANY OR BY ANY EUROPEAN COUNTRY ALLIED WITH OR OCCUPIED BY
NAZI GERMANY.

(III) " NAZI GERMANY" MEANS:

1. FOR THE PERIOD FROM 1929 TO 1933, THE REPUBLIC OF
GERMANY, COMMONLY REFERRED TO AS THE WEIMAR REPUBLIC; AND

2. FOR THE PERIOD FROM 1933 THROUGH 1945, DEUTSCHE

REICH.

(2) THE SUBTRACTION UNDER SUBSECTION (A) OF THIS SECTION
INCLUDES:

(I) INCOME OF AN INDIVIDUAL RELATED TO TANGIBLE OR
INTANGIBLE. PROPERTY THAT WAS SEIZED, MISAPPROPRIATED, OR LOST AS A
RESULT OF THE ACTIONS OR POLICIES OF NAZI GERMANY TOWARD A HOLOCAUST
VICTIM; AND

(II) AMOUNTS RECEIVED BY AN INDIVIDUAL AS REPARATIONS OR
RESTITUTION FOR THE LOSS OF LIBERTY OR DAMAGE TO THE HEALTH OF THE
INDIVIDUAL BECAUSE THE INDIVIDUAL IS:

1. A HOLOCAUST VICTIM; OR

2. A SPOUSE OR DESCENDANT OF A HOLOCAUST VICTIM.