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S 249 117th Congress Senate International Affairs Agricultural trade Caribbean area Congressional oversight Cuba Diplomacy, foreign officials, Americans abroad Foreign aid and international relief Government liability Human rights Income tax credits Intelligence activities, surveillance, classified information Latin America Normal trade relations, most-favored-nation treatment Presidents and presidential powers, Vice Presidents Sanctions Taxation of foreign income Trade restrictions Travel and tourism War and emergency powers

United States-Cuba Trade Act of 2021

Introduced: February 4, 2021 Introduced by: Wyden, Ron Democratic · Oregon See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 2021
Read twice and referred to the Committee on Finance.
Feb 4, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

United States-Cuba Trade Act of 2021

This bill repeals the trade embargo on Cuba and other provisions restricting trade and travel to Cuba.

Specifically, the bill (1) removes restrictions on certain transactions related to trademarks used in connection with a confiscated business or asset, (2) extends nondiscriminatory trade treatment to Cuban products, and (3) prohibits and rescinds limits on remittances to Cuba.

The bill authorizes common carriers to provide telecommunications services between the United States and Cuba. In addition, travel by U.S. citizens and residents to Cuba may not be regulated or prohibited if such travel would be lawful in the United States.

The President shall take all necessary steps to engage with Cuba to (1) negotiate settlements relating to claims that Cuba had taken the property of U.S. nationals, and (2) secure the protection of internationally recognized human rights. The President may, with respect to Cuba, impose new export controls and exercise powers related to declared national emergencies.

The President must submit a specified determination about a foreign country to Congress prior to denying an income tax credit for taxes paid to the foreign country.

What's happening now February 4, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2