[Congressional Record Volume 147, Number 105 (Wednesday, July 25, 2001)]
[Senate]
[Pages S8194-S8195]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                 ILSA EXTENSION ACT OF 2001--Continued

  The PRESIDING OFFICER. Under the previous order, the hour of 6:30 
p.m. having arrived, the question is on the engrossment and third 
reading of the bill.
  The bill was ordered to be engrossed for a third reading and was read 
the third time.
  The PRESIDING OFFICER. The bill having been read the third time, the 
question before the Senate is, Shall the bill, S. 1218, pass? The yeas 
and nays have been ordered. The clerk will call the roll.
  The senior assistant bill clerk called the roll.
  Mr. REID. I announce that the Senator from Hawaii (Mr. Inouye) and 
the Senator from Louisiana (Ms. Landrieu) are necessarily absent.
  The PRESIDING OFFICER (Mr. Miller). Are there any other Senators in 
the Chamber desiring to vote?
  The result was announced--yeas 96, nays 2, as follows:

                      [Rollcall Vote No. 251 Leg.]

                                YEAS--96

     Akaka
     Allard
     Allen
     Baucus
     Bayh
     Bennett
     Biden
     Bingaman
     Bond
     Boxer
     Breaux
     Brownback
     Bunning
     Burns
     Byrd
     Campbell
     Cantwell
     Carnahan
     Carper
     Chafee
     Cleland
     Clinton
     Cochran
     Collins
     Conrad
     Corzine
     Craig
     Crapo
     Daschle
     Dayton
     DeWine
     Dodd
     Domenici
     Dorgan
     Durbin
     Edwards
     Ensign
     Enzi
     Feingold
     Feinstein
     Fitzgerald
     Frist
     Graham
     Gramm
     Grassley
     Gregg
     Harkin
     Hatch
     Helms
     Hollings
     Hutchinson
     Hutchison
     Inhofe
     Jeffords
     Johnson
     Kennedy
     Kerry
     Kohl
     Kyl
     Leahy
     Levin
     Lieberman
     Lincoln
     Lott
     McCain
     McConnell
     Mikulski
     Miller
     Murkowski
     Murray
     Nelson (FL)
     Nelson (NE)
     Nickles
     Reed
     Reid
     Roberts
     Rockefeller
     Santorum
     Sarbanes
     Schumer
     Sessions
     Shelby
     Smith (NH)
     Smith (OR)
     Snowe
     Specter
     Stabenow
     Stevens
     Thomas
     Thompson
     Thurmond
     Torricelli
     Voinovich
     Warner
     Wellstone
     Wyden

                                NAYS--2

     Hagel
     Lugar
       

                             NOT VOTING--2

     Inouye
     Landrieu
       
  The bill (S. 1218) was passed, as follows:

                                S. 1218

       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 ``ILSA Extension Act of 
     2001''.

[[Page S8195]]

     SEC. 2. EXTENSION OF IRAN AND LIBYA SANCTIONS ACT OF 1996.

       Section 13(b) of the Iran and Libya Sanctions Act of 1996 
     (50 U.S.C. 1701 note; Public Law 104-172) is amended by 
     striking ``5 years'' and inserting ``10 years''.

     SEC. 3. IMPOSITION OF SANCTIONS WITH RESPECT TO LIBYA.

       (a) In General.--Section 5(b)(2) of the Iran and Libya 
     Sanctions Act of 1996 (50 U.S.C. 1701 note; 110 Stat. 1543) 
     is amended by striking ``$40,000,000'' each place it appears 
     and inserting ``$20,000,000''.
       (b) Effective Date.--The amendments made by subsection (a) 
     shall apply to investments made on or after June 13, 2001.

     SEC. 4. REVISED DEFINITION OF INVESTMENT.

       Section 14(9) of the Iran and Libya Sanctions Act of 1996 
     (50 U.S.C. 1701 note; 110 Stat. 1549) is amended by adding at 
     the end the following new sentence: ``For purposes of this 
     paragraph, an amendment or other modification that is made, 
     on or after June 13, 2001, to an agreement or contract shall 
     be treated as the entry of an agreement or contract.''.

  Mr. REID. Mr. President, I move to reconsider the vote and I move to 
lay that motion on the table.
  The motion to lay on the table was agreed to.
  Mr. REID. Mr. President, I suggest the absence of a quorum.
  The PRESIDING OFFICER. The clerk will call the roll.
  The assistant legislative clerk proceeded to call the roll.
  Mr. DASCHLE. Mr. President, I ask unanimous consent that the order 
for the quorum call be rescinded.
  The PRESIDING OFFICER. Without objection, it is so ordered.

                          ____________________