[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 833 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 833

   To remove obstacles to legal sales of United States agricultural 
  commodities to Cuba as authorized by the Trade Sanctions Reform and 
                    Export Enhancement Act of 2000.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 28, 2011

 Mr. Conaway introduced the following bill; which was referred to the 
 Committee on Financial Services, and in addition to the Committees on 
   Foreign Affairs and Agriculture, for a period to be subsequently 
   determined by the Speaker, in each case for consideration of such 
 provisions as fall within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
   To remove obstacles to legal sales of United States agricultural 
  commodities to Cuba as authorized by the Trade Sanctions Reform and 
                    Export Enhancement Act of 2000.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Agricultural Export Enhancement Act 
of 2011''.

SEC. 2. CLARIFICATION OF PAYMENT TERMS UNDER THE TRADE SANCTIONS REFORM 
              AND EXPORT ENHANCEMENT ACT OF 2000.

    Section 908(b)(4) of the Trade Sanctions Reform and Export 
Enhancement Act of 2000 (22 U.S.C. 7207(b)(4)) is amended--
            (1) in subparagraph (B), by striking ``and'' at the end;
            (2) in subparagraph (C), by striking the period at the end 
        and inserting ``; and''; and
            (3) by adding at the end the following:
                    ``(D) the term `payment of cash in advance' means, 
                notwithstanding any other provision of law, the payment 
                by the purchaser of an agricultural commodity or 
                product and the receipt of such payment by the seller 
                prior to--
                            ``(i) the transfer of title of such 
                        commodity or product to the purchaser; and
                            ``(ii) the release of control of such 
                        commodity or product to the purchaser.''.

SEC. 3. AUTHORIZATION OF DIRECT TRANSFERS BETWEEN CUBAN AND UNITED 
              STATES FINANCIAL INSTITUTIONS UNDER THE TRADE SANCTIONS 
              REFORM AND EXPORT ENHANCEMENT ACT OF 2000.

    Notwithstanding any other provision of law, the President may not 
restrict direct transfers from a Cuban financial institution to a 
United States financial institution executed in payment for a product 
authorized for sale under the Trade Sanctions Reform and Export 
Enhancement Act of 2000 (22 U.S.C. 7201 et seq.).
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