3.0.0 876 2023-01-11T19:46:02Z 2023-01-11T19:46:02Z Senate S S 2007-03-14 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2007-03-14T19:05:06Z Caribbean Coral Reef Protection Act 110 1679 HR 2007-04-20 Referred to the Subcommittee on Immigration, Citizenship, Refugees, Border Security, and International Law. Related bill CRS A bill to exclude from admission to the United States aliens who have directly and significantly contributed to the ability of Cuba to develop its petroleum resources, and for other purposes. 110 2503 S 2007-12-18 Read twice and referred to the Committee on the Judiciary. Related bill CRS 2007-03-14 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2007-03-14 Introduced in Senate IntroReferral 10000 9 Library of Congress M001162 Sen. Martinez, Mel [R-FL] Mel Martinez R FL N International Affairs Admission of nonimmigrants Aliens Armed Forces and National Security Caribbean area Commerce Congress Congressional oversight Congressional reporting requirements Contracts Corporation directors Corporations Cuba Dictators Energy Energy development Energy transportation Environmental Protection Executives Export controls Export finance Families Finance and Financial Sector Financial institutions Florida Foreign Trade and International Finance Foreign investments Gas in submerged lands Gas industry Government Operations and Politics Government procurement Government securities Immigration Investments Investors Latin America Loans Marine and coastal resources, fisheries Marine ecology Married people Natural gas Oil and gas leases Oil and gas royalties Oil well drilling Petroleum Petroleum in submerged lands Petroleum industry Pipelines Prospecting Public Lands and Natural Resources Sanctions (International law) Science, Technology, Communications Stockholders Subsidiary corporations Technology transfer Transportation and Public Works Visas International Affairs 00 2007-03-14 Introduced in Senate 2007-04-11T20:52:20Z States that it shall be U.S. policy to: (1) undertake measures to deny the Cuban regime the financial resources to engage in activities that threaten U.S. national security and other interests, threaten the environment and natural resources of northern Cuba and Florida, and prolong the dictatorship that oppresses the Cuban people; and (2) deter foreign investments that would enhance the Cuban regime's ability to develop its petroleum resources.

Amends the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 to exclude from U.S. entry an alien who: (1) is an officer or principal of an entity, or a shareholder who owns a controlling interest in an entity that makes an investment (as defined by this Act) of $1 million or more (or any combination of investments that equals or exceeds $1 million in any 12-month period), that significantly contributes to Cuba's ability to develop petroleum and natural gas resources off its north coast; or (2) is a spouse, minor child, or agent of such person.

Exempts on a case-by-case basis entries: (1) for medical reasons or property-related litigation; or (2) where a transition government is in place.

Defines "investment" for purposes of this Act.

Directs the President to impose two or more specified export, procurement, financial institution, loan, or Export-Import Bank sanctions if the President determines that a person has made an investment of $1 million or more (or any combination of investments that in the aggregate equals or exceeds $1 million in any 12-month period) that contributes to the enhancement of Cuba's ability to develop petroleum resources of the submerged lands of Cuba's northern coast.

]]> A bill to exclude from admission to the United States aliens who have made investments contributing to the enhancement of the ability of Cuba to develop its petroleum resources, and for other purposes. Official Title as Introduced A bill to exclude from admission to the United States aliens who have made investments contributing to the enhancement of the ability of Cuba to develop its petroleum resources, and for other purposes. Introduced in Senate IS Display Title A bill to exclude from admission to the United States aliens who have made investments contributing to the enhancement of the ability of Cuba to develop its petroleum resources, and for other purposes. Introduced in Senate 2007-03-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s876is/xml/BILLS-110s876is.xml 2007-03-14 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.