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US HR4644

US HR4644
Libya Stabilization Act


summary

Introduced
10/11/2019
In Committee
07/29/2020
Crossed Over
11/30/2020
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

Libya Stabilization Act This bill provides for sanctions and aid related to the conflict in Libya. The bill provides statutory authority for an April 19, 2016, executive order imposing property- and visa-blocking sanctions on persons contributing to the violence in Libya. The President shall impose property- and visa-blocking sanctions on any foreign person that (1) knowingly supports or engages in a significant transaction with a foreign person knowingly operating in Libya on behalf of Russia in a military capacity, (2) engages in significant actions threatening peace or stability in Libya, (3) misappropriates Libyan state assets or natural resources, or (4) is knowingly responsible for or complicit in serious human rights abuses in Libya. Such sanctions shall expire on December 31, 2024. The U.S. Agency for International Development may provide humanitarian assistance to individuals and communities in Libya, including urgently needed health assistance, food, and shelter. The Department of State shall work to strengthen Libya's democratic governance, including by providing assistance to (1) unify Libya's financial and governing institutions, and (2) ensure transparent and credible future elections in Libya. The Department of the Treasury shall vote and argue for international financial institutions to support an economic recovery in Libya that complements the establishment of democratic institutions and rule of law.

AI Summary

This bill provides for sanctions and aid related to the conflict in Libya. The key provisions are: - It provides statutory authority for an existing executive order imposing property- and visa-blocking sanctions on persons contributing to the violence in Libya. The President shall impose such sanctions on foreign persons who support foreign government involvement in Libya, threaten the peace or stability of Libya, or are responsible for or complicit in gross human rights violations in Libya. - The U.S. Agency for International Development may provide humanitarian assistance to individuals and communities in Libya, including health, food, and shelter assistance. The State Department shall work to strengthen Libya's democratic governance and support efforts to unify Libya's financial and governing institutions and ensure credible future elections. - The Secretary of the Treasury shall instruct U.S. representatives at international financial institutions to support a Libyan-led process for economic recovery and improved public sector financial management, in order to restore integrity of key economic institutions, improve transparency and accountability, and support opportunities for U.S. businesses.

Committee Categories

Government Affairs, Justice, Military Affairs and Security

Sponsors (15)

Last Action

Received in the Senate and Read twice and referred to the Committee on Foreign Relations. (on 11/30/2020)

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