[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3107 Engrossed Amendment Senate (EAS)]

  
  
  
  
  
  
  
  
  
  

                  In the Senate of the United States,

                                                         July 16, 1996.
      Resolved, That the bill from the House of Representatives (H.R. 
3107) entitled ``An Act to impose sanctions on persons making certain 
investments directly and significantly contributing to the enhancement 
of the ability of Iran or Libya to develop its petroleum resources, and 
on persons exporting certain items that enhance Libya's weapons or 
aviation capabilities or enhance Libya's ability to develop its 
petroleum resources, and for other purposes'', do pass with the 
following

                               AMENDMENT:

    Page 7, strike out all after line 7, over to and including line 20 
on page 8 and insert:
    (b) Mandatory Sanctions With Respect to Libya.--
            (1) Violations of prohibited transactions.--Except as 
        provided in subsection (f), the President shall impose 2 or 
        more of the sanctions described in paragraphs (1) through (6) 
        of section 6 if the President determines that a person has, 
        with actual knowledge, on or after the date of the enactment of 
        this Act, exported, transferred, or otherwise provided to Libya 
        any goods, services, technology, or other items the provision 
        of which is prohibited under paragraph 4(b) or 5 of Resolution 
        748 of the Security Council of the United Nations, adopted 
        March 31, 1992, or under paragraph 5 or 6 of Resolution 883 of 
        the Security Council of the United Nations, adopted November 
        11, 1993, if the provision of such items significantly and 
        materially--
                    (A) contributed to Libya's ability to acquire 
                chemical, biological, or nuclear weapons or 
                destabilizing numbers and types of advanced 
                conventional weapons or enhanced Libya's military or 
                paramilitary capabilities;
                    (B) contributed to Libya's ability to develop its 
                petroleum resources; or
                    (C) contributed to Libya's ability to maintain its 
                aviation capabilities.
            (2) Investments that contribute to the development of 
        petroleum resources.--Except as provided in subsection (f), the 
        President shall impose 2 or more of the sanctions described in 
        paragraphs (1) through (6) of section 6 if the President 
        determines that a person has, with actual knowledge, on or 
        after the date of the enactment of this Act, made an investment 
        of $40,000,000 or more (or any combination of investments of at 
        least $10,000,000 each, which in the aggregate equals or 
        exceeds $40,000,000 in any 12-month period), that directly and 
        significantly contributed to the enhancement of Libya's ability 
        to develop its petroleum resources.

            Attest:

                                                             Secretary.
104th CONGRESS

  2d Session

                               H. R. 3107

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                               AMENDMENT