US HB3238 | 2015-2016 | 114th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on July 28 2015 - 25% progression, died in committee
Action: 2015-08-05 - Referred to the Subcommittee on Trade.
Pending: House Subcommittee on Trade Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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 through certain commodity promotion programs.

Tracking Information

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Title

Cuba Trade Act of 2015

Sponsors


History

DateChamberAction
2015-08-05HouseReferred to the Subcommittee on Trade.
2015-07-28HouseReferred to House Agriculture
2015-07-28HouseReferred to House Financial Services
2015-07-28HouseReferred to House Ways and Means
2015-07-28HouseReferred to House Foreign Affairs
2015-07-28HouseReferred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, Financial Services, 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.
2015-07-28HouseIntroduced in House

Same As/Similar To

SB491 (Related) 2015-02-12 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S986-987)
SB1543 (Same As) 2015-06-10 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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