Bill > HR7521

This bill, titled the "United States-Cuba Trade Act of 2026," aims to lift the existing trade embargo on Cuba by repealing several key pieces of legislation that have historically restricted relations, including provisions from the Foreign Assistance Act of 1961, the Trading With the Enemy Act, the Cuban Democracy Act of 1992, and the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996. It also removes prohibitions on exports to Cuba under the Export Administration Act of 1979 and the Export Control Reform Act of 2018, while allowing the President to impose new export controls under specific circumstances. Furthermore, the bill permits common carriers to install, maintain, and repair telecommunications equipment and facilities in Cuba, and allows for travel to and from Cuba by U.S. citizens and residents, along with related transactions, as long as such travel would be lawful within the United States. It also encourages negotiations with Cuba for settling U.S. claims and protecting human rights, extends nondiscriminatory trade treatment to Cuban products, and prohibits the Secretary of the Treasury from limiting remittances to Cuba, with exceptions for money laundering offenses. Finally, it includes provisions regarding reporting to Congress before denying foreign tax credits to certain countries and sets an effective date for most of its provisions.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/7521/all-info