3.0.0 1543 2023-01-11T13:30:43Z 2023-01-11T13:30:43Z Senate S 2015-06-10 114 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2015-06-10T19:25:23Z Freedom to Export to Cuba Act of 2015 114 491 S 2015-02-12 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S986-987) Related bill CRS Cuba Trade Act of 2015 114 3238 HR 2015-08-05 Referred to the Subcommittee on Trade. Identical bill CRS 2015-06-10 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2015-06-10 Introduced in Senate IntroReferral 10000 9 Library of Congress M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS N K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2015-06-10 True B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2015-06-18 False International Affairs Agricultural trade Caribbean area Competitiveness, trade promotion, trade deficits Cuba Foreign aid and international relief Human rights Latin America Licensing and registrations Sanctions Sovereignty, recognition, national governance and status Terrorism Trade restrictions International Affairs 00 2015-06-10 Introduced in Senate 2015-06-15T21:56:39Z Cuba Trade Act of 2015

This bill repeals or amends current laws restricting trade with Cuba.

The prohibition on assistance to Cuba, and the President's authority for the embargo on Cuba, under the Foreign Assistance Act of 1961 are eliminated.

The Cuban Democracy Act of 1992 is amended to eliminate:

  • presidential authority to impose sanctions against Cuban trading partners,
  • restrictions on transactions between U.S.-owned or controlled firms and Cuba,
  • limitations on direct shipping between Cuban and U.S. ports, and
  • restrictions on remittances.

The Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 is amended to eliminate:

  • the enforcement of an economic embargo of Cuban provisions, and
  • the prohibition on indirect financing of Cuba.

The Trade Sanctions Reform and Export Enhancement Act of 2000 is amended to:

  • remove Cuba from the list of state sponsors of terrorism subject to agricultural and medical export restrictions;
  • eliminate the prohibition on U.S. assistance, including foreign assistance, export assistance, and any credit or guarantees being made available for exports to Cuba;
  • eliminate the prohibition against a U.S. person's providing payment or financing terms for sales of agricultural commodities or products to Cuba;
  • prohibit the United States from providing any foreign assistance to Cuba or any financial assistance, loans, loan guarantees, extension of credit, or other financing for exports to Cuba; and
  • eliminate the prohibition on the U.S. entry of merchandise that is of Cuban origin is or has been located in or transported from or through Cuba, or is made or derived in whole or in part of any article which is the growth, produce, or manufacture of Cuba.

The federal government may not obligate or expend any funds to promote trade with or develop markets in Cuba, except for certain commodity promotion programs.

]]> Cuba Trade Act of 2015 Display Title Cuba Trade Act of 2015 Official Title as Introduced A bill to lift the trade embargo on Cuba, and for other purposes. Introduced in Senate IS Short Titles as Introduced Cuba Trade Act of 2015 Introduced in Senate 2015-06-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1543is/xml/BILLS-114s1543is.xml 2015-06-10 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.