II 109th CONGRESS 1st Session S. 634 IN THE SENATE OF THE UNITED STATES March 16, 2005 Mr. Chambliss introduced the following bill; which was read twice and referred to the Committee on Foreign Relations A BILL To amend the Trade Sanctions Reform and Export Enhancement Act of 2000 to clarify allowable payment terms for sales of agricultural commodities and products to Cuba.

1.

Clarification of payment terms for sales of agricultural commodities and products to Cuba

Section 908(b)(1)(A) of the Trade Sanctions Reform and Export Enhancement Act of 2000 (22 U.S.C. 7207(b)(1)(A)) is amended by inserting before the period at the end the following: , which in this subsection means the payment by the purchaser of an agricultural commodity or product and the receipt of the payment by the seller prior to— (i) the transfer of title of the commodity or product to the purchaser; and (ii) the release of control of the commodity or product to the purchaser. .