S. 403 · 108th Congress
United States-Cuba Trade Act of 2003
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
7 cosponsors · 6 D, 1 I
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
United States-Cuba Trade Act of 2003 - Amends the Foreign Assistance Act of 1961 (including other specified laws) to repeal the embargo placed upon all trade with Cuba.
What it does: CRS summary · Introduced in Senate · Feb 13, 2003
Amends the Internal Revenue Code to declare the denial of foreign tax credit inapplicable to Cuba (except that such requirement shall apply to countries that have been determined to repeatedly provide support for acts of international terrorism).
Permits: (1) installation and maintenance of telecommunications equipment and facilities in Cuba, including telecommunications services between the United States and Cuba; and (2) travel to and from Cuba by U.S. citizens or residents.
Requires the U.S. Postal Service to provide direct mail service to and from Cuba.
Urges the President to take all necessary steps to conduct negotiations with the Government of Cuba to: (1) settle claims of U.S. nationals against Cuba for the taking of property; and (2) secure protection of internationally recognized human rights.
Expresses the sense of Congress that: (1) the United States should promote democratic change and economic reform by normalizing trade relations with Cuba; and (2) upon the enactment of this Act, it will no longer be necessary for the United States to continue to use Article XXI of the General Agreement on Tariffs and Trade (GATT) 1994 with respect to Cuba, understanding that the President retains full authority to invoke Article XXI and comparable provisions in other Uruguay Round Agreements in the future in all appropriate circumstances.
Amends the Harmonized Tariff Schedule of the United States to extend nondiscriminatory treatment (normal trade relations) to the products of Cuba.
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 engaging in monetary transactions in property derived from unlawful activities.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: United States-Cuba Trade Act of 2003
Latest action (Feb 13, 2003): Read twice and referred to the Committee on Finance.
Policy area: International Affairs · Origin: Senate · Introduced: Feb 13, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.