Sec. 7. Prohibition on limiting annual remittances
118 words·~1 min read·
/bill/119/s/136/is/section-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except as provided in subsection (b), the Secretary of the Treasury may not limit the amount of remittances to Cuba that may be made by any person who is subject to the jurisdiction of the United States, and the Secretary shall rescind all regulations in effect on the date of the enactment of this Act that so limit the amount of those remittances. Nothing in subsection
(a)may be construed to prohibit the prosecution or conviction of any person committing an offense described in section 1956 of title 18, United States Code (relating to the laundering of monetary instruments), or section 1957 of such title (relating to engaging in monetary transactions in property derived from specific unlawful activity).