(Sec. 3) Directs the President to report to Congress on: (1) the extent to which trade actions have been effective in the International Atomic Energy Agency in establishing regular inspections of all nuclear facilities in Iran and any other foreign policy or national security objectives of the United States with respect to Iran and Libya, including the extent to which they have affected humanitarian interests in those countries, the country in which the sanctioned person is located, or in other countries; and (2) the impact of such actions on other national security, economic, and foreign policy interests of the United States, including relations with countries friendly to the United States, and on the U.S. economy. Permits the President to include in such report a recommendation on whether or not this Act should be terminated or modified.
(Sec. 4) Extends such Act for another five year period.
(Sec. 5) Mandates that any amendment or other modification made on or after June 13, 2001, to existing (pre-ILSA) agreements or contracts for the development of Libya's petroleum resources be considered new investment for purposes of the imposition of sanctions.
Placed on the Union Calendar, Calendar No. 82.
Mr. Gilman moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4530-4535)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1954.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed until July 25.
Considered as unfinished business. (consideration: CR H4650-4651)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 409 - 6, 1 Present (Roll no. 276).(text: CR 7/24/2001 H4530)
Roll Call #276 (House)On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 409 - 6, 1 Present (Roll no. 276). (text: CR 7/24/2001 H4530)
Roll Call #276 (House)Motion to reconsider laid on the table Agreed to without objection.
The title of the measure was amended. Agreed to without objection.
Enacted as Public Law 107-24
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Received in the Senate, read twice.
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S8369)
Passed Senate without amendment by Unanimous Consent. (consideration: CR S8369)
Message on Senate action sent to the House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 107-24.
Became Public Law No: 107-24.