to act to safeguard intellectual property rights, with respect to such violations in such previous calendar year. 1604. Compensation for losses borne by holders of United States intellectual property rights (a) Establishment of trust fund There is established in the Treasury of the United States a trust fund, to be known as the American IPR Trust Fund (in this section referred to as the Trust Fund ), consisting of such amounts as may be deposited to the Trust Fund pursuant to subsection (b) to be used, in accordance with subsection (c) , for the purpose of compensating the injury to holders of United States intellectual property rights resulting from violations of such intellectual property rights in China or by any Chinese person, including governmental entities of China. (b) Funding The Commissioner of U.S. Customs and Border Patrol shall deposit into the Trust Fund any amounts collected from duties imposed pursuant to section 1603 , which shall remain available until expended for the purpose described in subsection (a) . (c) Distribution of Funds (1) In general From amounts in the Trust Fund, the Commissioner of U.S. Customs and Border Patrol shall make payments annually to each person the Commissioner determines, with respect to the preceding calendar year— (A) was— (i) if an individual, a citizen or legal permanent resident of the United States