To exclude from admission to the United States aliens who have made investments contributing to the enhancement of the ability of Cuba to develop its petroleum resources, and for other purposes.
Latest action · Aug 31, 2006 Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 4, 2006
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
States that it shall be U.S. policy to: (1) undertake measures to deny the Cuban regime the financial resources to engage in activities that threaten U.S. national security and other interests, threaten the environment and natural resources of northern Cuba and Florida, and prolong the dictatorship that oppresses the Cuban people; and (2) deter foreign investments that would enhance the Cuban regime's ability to develop its petroleum resources.
Amends the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 to exclude from U.S. entry an alien who: (1) is an officer or principal of an entity, or a shareholder who owns a controlling interest in an entity that makes an investment (as defined by this Act) of $1 million or more (or any combination of investments that equals or exceeds $1 million in any 12-month period), that significantly contributes to Cuba's ability to develop petroleum and natural gas resources off its north coast; or (2) is a spouse, minor child, or agent of such person.
Exempts on a case-by-case basis entries: (1) for medical reasons or property-related litigation; or (2) where a transition government is in place.
Defines "investment" for purposes of this Act.
Directs the President to impose two or more specified export, procurement, financial institution, loan, or Export-Import Bank sanctions if the President determines that a person has made an investment of $1 million or more (or any combination of investments that in the aggregate equals or exceeds $1 million in any 12-month period) that contributes to the enhancement of Cuba's ability to develop petroleum resources of the submerged lands of Cuba's northern coast.
Cosponsors 19
Members who signed on, in the order they did. Signatures ran from May 4, 2006 to Dec 5, 2006; 14 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-FL | Allen Boyd | Original | May 4, 2006 |
| R-FL | Connie Mack | Original | May 4, 2006 |
| D-FL | Corrine Brown | Original | May 4, 2006 |
| R-IN | Dan Burton | Original | May 4, 2006 |
| D-FL | Debbie Wasserman Schultz | Original | May 4, 2006 |
| R-FL | E. Clay Shaw Jr. | Original | May 4, 2006 |
| D-NJ | Frank Pallone, Jr. | Original | May 4, 2006 |
| R-FL | Jeff Miller | Original | May 4, 2006 |
| D-FL | Jim Davis | Original | May 4, 2006 |
| R-FL | Katherine Harris | Original | May 4, 2006 |
| R-FL | Lincoln Diaz-Balart | Original | May 4, 2006 |
| R-PR | Luis G. Fortuno | Original | May 4, 2006 |
| R-FL | Mario Diaz-Balart | Original | May 4, 2006 |
| R-FL | Mark Foley | Original | May 4, 2006 |
| D-FL | Alcee L. Hastings | May 10, 2006 | |
| R-FL | Tom Feeney | May 10, 2006 | |
| R-FL | Michael Bilirakis | May 25, 2006 | |
| R-NM | Stevan Pearce | Jul 26, 2006 | |
| R-MI | Thaddeus G. McCotter | Dec 5, 2006 |
Committees 4
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Judiciary Committee | Referred May 4, 2006 |
| House | Foreign Affairs Committee | Referred May 4, 2006 |
| House | Financial Services Committee | Referred May 4, 2006 |
| Domestic Monetary Policy and Technology Subcommittee | Referred Aug 31, 2006 | |
| House | Oversight and Government Reform Committee | Referred May 4, 2006 |
Actions 3
Everything that happened, newest first.
- Aug 31, 2006Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
- May 4, 2006Introduced in House
- May 4, 2006Referred to the Committee on the Judiciary, and in addition to the Committees on International Relations, Financial Services, and Government Reform, 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.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| RL32730 | Cuba: Issues for the 109th Congress Archived | Report | Dec 19, 2006 |
Related bills 2
Companion bills and other measures the record links to this one.
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To exclude from admission to the United States aliens who have made investments contributing to the enhancement of the ability of Cuba to develop its petroleum resources, and for other purposes.
Subjects
Assigned by the Library of Congress. Policy area: International Affairs.
- Admission of nonimmigrants
- Aliens
- Armed Forces and National Security
- Caribbean area
- Commerce
- Contracts
- Corporation directors
- Corporations
- Cuba
- Dictators
- Energy development
- Environmental Protection
- Executives
- Export controls
- Export finance
- Families
- Finance and Financial Sector
- Financial institutions
- Florida
- Foreign investments
- Foreign Trade and International Finance
- Gas in submerged lands
- Gas industry
- Gas pipelines
- Government Operations and Politics
- Government procurement
- Government securities
- Immigration
- International Affairs
- Latin America
- Loans
- Marine and coastal resources, fisheries
- Marine ecology
- Married people
- Natural gas
- Oil and gas leases
- Oil and gas royalties
- Petroleum
- Petroleum engineering
- Petroleum in submerged lands
- Petroleum industry
- Petroleum pipelines
- Prospecting
- Public Lands and Natural Resources
- Sanctions (International law)
- Science, Technology, Communications
- Stockholders
- Submarine oil well drilling
- Subsidiary corporations
- Technology transfer
- Transportation and Public Works
- Visas
Text 1
Each version as it was printed, newest first.
- May 4, 2006Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.