Caribbean Coral Reef Protection Act

Bill: 110-hr-1679
Sponsor: Rep. Ros-Lehtinen, Ileana [R-FL-18]
Introduced: 2007-03-26 in the House
Policy area: International Affairs
Subjects: Admission of nonimmigrants
Aliens
Armed Forces and National Security
Caribbean area
Commerce
Communism
Congress
Congress and foreign policy
Congressional oversight
Congressional reporting requirements
Contracts
Coral reefs
Corporation directors
Corporations
Cuba
Dictators
Energy
Energy development
Energy transportation
Environmental Protection
Environmental assessment
Executives
Export controls
Export finance
Families
Finance and Financial Sector
Financial institutions
Florida
Foreign Trade and International Finance
Foreign investments
Gas in submerged lands
Gas industry
Government Operations and Politics
Government procurement
Government securities
Immigration
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
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

Summary:
action_date: 2007-03-26
text: 
Caribbean Coral Reef Protection Act -States that it shall be U.S. policy to: (1) undertake measures to deny the government of Cuba, the Cuban Communist Party, or any of their instrumentalities the financial resources to engage in activities that threaten U.S. national security and other interests, threaten Cuba's environment and natural resources and Florida's marine environment, 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 resources off its submerged lands; 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 &quot;investment&quot; and &quot;petroleum resources&quot; 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 off its submerged lands or has made an investment of any amount of money that contributes to such an enhancement and has trafficked in confiscated U.S. property. 
 
Makes it illegal for a U.S. person to facilitate Cuba's ability to develop petroleum resources off its submerged lands.
 
Directs the Secretary of State to report annually respecting the impact of the development of Cuba's petroleum resources on the environment and natural resources of Cuba's submerged lands and Florida's marine environment. 


Legislative actions:
action_date: 2007-04-20
text: Referred to the Subcommittee on Immigration, Citizenship, Refugees, Border Security, and International Law.
action_date: 2007-03-26
text: Referred to the Committee on the Judiciary, and in addition to the Committees on Foreign Affairs, Financial Services, and Oversight 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.
action_date: 2007-03-26
text: Referred to the Committee on the Judiciary, and in addition to the Committees on Foreign Affairs, Financial Services, and Oversight 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.
action_date: 2007-03-26
text: Referred to the Committee on the Judiciary, and in addition to the Committees on Foreign Affairs, Financial Services, and Oversight 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.
action_date: 2007-03-26
text: Referred to the Committee on the Judiciary, and in addition to the Committees on Foreign Affairs, Financial Services, and Oversight 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.
action_date: 2007-03-26
text: Referred to the Committee on the Judiciary, and in addition to the Committees on Foreign Affairs, Financial Services, and Oversight 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.
action_date: 2007-03-26
text: Introduced in House
action_date: 2007-03-26
text: Introduced in House