Cuban Humanitarian Trade Act of 2001

Summary

Cuban Humanitarian Trade Act of 2001 - Amends the Foreign Assistance Act of 1961 to exempt from the embargo on trade with Cuba (including prohibitions under the Cuban Democracy Act of 1992 against the unloading at a U.S. port of vessels that previously entered a Cuban port to engage in trade) the export of any agricultural commodity (including fertilizer), medicines, medical supplies, medical instruments, or medical equipment, or any travel incident to delivery of such items. Exempts the same items from certain authorities limiting trade with Cuba, including the President's authority restricting exports to Cuba under the Export Administration Act of 1979 or the International Emergency Economic Powers Act. Amends the Trade Sanctions Reform and Export Enhancement Act of 2000 to repeal specified sections prohibiting: (1) U.S. Government assistance, including foreign and export assistance, U.S. credit or guarantees for exports to Cuba or for commercial exports to Iran, Libya, North Korea, or Sudan; and (2) the export of agricultural commodities (including the financing of their sale), medicine, or medical devices, and travel, to Cuba (effectively allowing the export of such commodities and travel to such country). Amends the Cuban Democracy Act of 1992 to exempt the export by a country of agricultural commodities to Cuba from the prohibition against U.S. assistance to any country that provides assistance to Cuba. Amends the Internal Revenue Code to terminate the denial of foreign tax credit with respect to income, war profits, or excess profits taxes paid to Cuba that are attributable to activities with respect to the permitted exports, or travel incident to such activities, under this Act. Prohibits the Secretary of the Treasury from limiting the amount of remittances to Cuba that any U.S. person may make. Declares that this prohibition does not prohibit the prosecution or conviction of any person committing a criminal offense relating to the laundering of money or engagement in monetary transactions in property derived from unlawful activities.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 27 February 2001

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 27 February 2001

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 27 February 2001

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.