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Code · BILL · 115th Congress · H.R. 525 (Introduced in House) — To modify the prohibition on United States assistance and financing for certain exports to Cuba under the Trade Sanct... · Sec. 3

Sec. 3. Modification of prohibition on United States assistance and financing for certain exports to Cuba under the Trade Sanctions Reform and Export Enhancement Act of 2000

270 words·~1 min read·/bill/115/hr/525/ih/section-3

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Section 908 of the Trade Sanctions Reform and Export Enhancement Act of 2000 ( 22 U.S.C. 7207 ) is amended as follows: In the section heading, by striking . and financing In subsection (a), by adding at the end the following: Subject to subparagraph (B), paragraph
(1)shall not apply with respect to— exports to Cuba under section 202 of the Agricultural Trade Act of 1978 ( 7 U.S.C. 5622 ), section 203 of the Agricultural Trade Act of 1978 ( 7 U.S.C. 5623 ), or section 702 of the Agricultural Trade Act of 1978 ( 7 U.S.C. 5722 ); or any obligation or expenditure of funds to promote trade with Cuba by Federal commodity promotion programs established in accordance with a commodity promotion law, as defined by section 501(a) of the Federal Agriculture Improvement and Reform Act of 1996 ( 7 U.S.C. 7401(a) ). The exceptions under subparagraph
(A)shall not apply if the recipient of the United States assistance would be an entity controlled by the Government of Cuba, including the Revolutionary Armed Forces of Cuba, the Ministry of the Interior of Cuba, and any subdivision of either such governmental entity. . In subsection (b), to read as follows: A person subject to the jurisdiction of the United States may provide payment or financing for sales of agricultural commodities to Cuba or to an individual or entity in Cuba. In this section: The term agricultural commodity has the meaning given that term in section 102 of the Agricultural Trade Act of 1978 ( 7 U.S.C. 5602 ). The term financing includes any loan or extension of credit. .
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  • 7 USC 5722
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Sec. 3
Modification of prohibition on United States assistance and financing for certain exports to Cuba under the Trade Sanctions Reform and Export Enhancement Act of 2000
U.S.C.§ 7207
U.S.C.§ 5622
U.S.C.§ 5623
U.S.C.§ 7401
U.S.C.§ 5602
Cite7 USC 5722
Cites 6Cited by 0 across 0 sources
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