Home > 107th Congressional Public Laws > Pub.L. 107-025 To respond to the continuing economic crisis adversely affecting American agricultural producers. <> ...

Pub.L. 107-025 To respond to the continuing economic crisis adversely affecting American agricultural producers. <> ...

Web GovRecords.org


[[Page 115 STAT. 199]]

Public Law 107-24
107th Congress

                                 An Act

 To extend the authorities of the Iran and Libya Sanctions Act of 1996 
   until 2006, and for other purposes. <<NOTE: Aug. 3, 2001 -  [H.R. 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress <<NOTE: ILSA Extension Act of 
2001.>> assembled,

SECTION 1. SHORT <<NOTE: 50 USC 1701 note.>> TITLE.

    This Act may be cited as the ``ILSA Extension Act of 2001''.


    (a) In General.--Section 5(b)(2) of the Iran and Libya Sanctions Act 
of 1996 (50 U.S.C. 1701 note; 110 Stat. 1543) is amended by striking 
``$40,000,000'' each place it appears and inserting ``$20,000,000''.
    (b) Effective <<NOTE: Applicability. 50 USC 1701 note.>> Date.--The 
amendments made by subsection (a) shall apply to investments made on or 
after June 13, 2001.


    Section 10 of the Iran and Libya Sanctions Act of 1996 (Public Law 
104-172; 50 U.S.C. 1701 note) is amended--
            (1) by redesignating subsection (b) as subsection (c); and
            (2) by inserting after subsection (a) the following:

    ``(b) Report <<NOTE: President.>> on Effectiveness of Actions Under 
This Act.--Not earlier than 24 months, and not later than 30 months, 
after the date of the enactment of the ILSA Extension Act of 2001, the 
President shall transmit to Congress a report that describes--
            ``(1) the extent to which actions relating to trade taken 
        pursuant to this Act--
                    ``(A) have been effective in achieving the 
                objectives of section 3 and any other foreign policy or 
                national security objectives of the United States with 
                respect to Iran and Libya; and
                    ``(B) have affected humanitarian interests in Iran 
                and Libya, the country in which the sanctioned person is 
                located, or in other countries; and
            ``(2) the impact of actions relating to trade taken pursuant 
        to this Act 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 United 
        States economy.

The President may include in the report the President's recommendation 
on whether or not this Act should be terminated or modified.''.

[[Page 115 STAT. 200]]


    Section 13(b) of the Iran and Libya Sanctions Act of 1996 (Public 
Law 104-172; 50 U.S.C. 1701 note) is amended by striking ``5 years'' and 
inserting ``10 years''.


    Section 14(9) of the Iran and Libya Sanctions Act of 1996 (50 U.S.C. 
1701 note; 110 Stat. 1549) is amended by adding at the end the following 
new sentence: ``For purposes of this paragraph, an amendment or other 
modification that is made, on or after June 13, 2001, to an agreement or 
contract shall be treated as the entry of an agreement or contract.''.

    Approved August 3, 2001.


HOUSE REPORTS: No. 107-107, Pt. 1 (Comm. on International Relations) and 
Pt. 2 (Comm. on Ways and Means).
            July 24, 26, considered and passed House.
            July 27, considered and passed Senate.


Pages: 1

Other Popular 107th Congressional Public Laws Documents:

1 Pub.L. 107-011 To expedite the construction of the World War II memorial in the District of Columbia. <> ...
2 Pub.L. 107-152 Congratulating the United States Military Academy at West Point on its bicentennial anniversary, and commending its outstanding contributions to the Nation. <> ...
3 Pub.L. 107-172 To amend the Public Health Service Act <> to provide for research, information, and education with respect to blood cancer. ...
4 Pub.L. 107-056 To deter and punish terrorist acts in the United States and around the world, to enhance law enforcement investigatory tools, and for other purposes. <> ...
5 Pub.L. 107-197 To implement the International Convention for the Suppression of ...
6 Pub.L. 107-171 To provide for the continuation of agricultural programs through fiscal year 2007, and for other purposes. <> ...
7 Pub.L. 107-232 To amend section 5307 of title 49, United States Code, to allow transit ...
8 Pub.L. 107-170 To extend for 8 additional months the period for which chapter 12 of title 11 of the United States Code is reenacted. <> ...
9 Pub.L. 107-048 Making further continuing appropriations for the fiscal year 2002, and for other purposes. <> ...
10 Pub.L. 107-022 To amend the Internal Revenue Code of 1986 to rename the education individual retirement accounts as the Coverdell education savings accounts. <> ...
11 Pub.L. 107-040 To authorize the use of United States Armed Forces against those responsible for the recent attacks launched against the United States. <> ...
12 Pub.L. 107-178 To designate the Federal building and United States courthouse located at 400 North Main Street in Butte, Montana, as the ``Mike Mansfield Federal Building and United States Courthouse''. <> ...
13 Pub.L. 107-233 To amend the Communications Satellite Act of 1962 to extend the deadline for the INTELSAT initial public offering. <> ...
14 Pub.L. 107-340 To amend the Act that established the Pu`uhonua o Honaunau National Historical Park to expand the boundaries of that park. <> ...
15 Pub.L. 107-121 To amend title XIX of the Social Security Act to clarify that Indian ...
16 Pub.L. 107-283 To designate the facility of the United States Postal Service located at 301 South Howes Street in Fort Collins, Colorado, as the ``Barney Apodaca Post Office''. <> ...
17 Pub.L. 107-030 To provide further protections for the watershed of the Little Sandy River as part of the Bull Run Watershed Management Unit, Oregon, and for other purposes. <> ...
18 Pub.L. 107-085 To designate the facility of the United States Postal Service located at 4270 John Marr Drive in Annandale, Virginia, as the ``Stan Parris Post Office Building''. <> ...
19 Pub.L. 107-155 To amend the Federal Election Campaign Act of 1971 to provide bipartisan campaign reform. <> ...
20 Pub.L. 107-196 To amend the Omnibus Crime Control and Safe Streets Act of 1968 to ensure that chaplains killed in the line of duty receive public safety officer death benefits. <> ...
21 Pub.L. 107-345 To amend title 10, United States Code, to make receipts collected from ...
22 Pub.L. 107-351 To amend the Lower Rio Grande Valley Water Resources Conservation and Improvement Act of 2000 to authorize additional projects under that Act, and for other purposes. <> ...
23 Pub.L. 107-185 To extend eligibility for refugee status of unmarried sons and daughters of certain Vietnamese refugees. <> ...
24 Pub.L. 107-049 To designate the Federal building and United States courthouse located at 121 West Spring Street in New Albany, Indiana, as the ``Lee H. Hamilton Federal Building and United States Courthouse''. <> %%Filen...
25 Pub.L. 107-195 To eliminate the deadlines for spectrum auctions of spectrum previously allocated to television broadcasting. <> ...
26 Pub.L. 107-146 To designate the United States Post Office located at 60 Third Avenue in Long Branch, New Jersey, as the ``Pat King Post Office Building''. <> ...
27 Pub.L. 107-248 Making appropriations for the Department of Defense for the fiscal year ending September 30, 2003, and for other purposes. <> ...
28 Pub.L. 107-028 To direct the Secretary of the Interior to convey a former Bureau of Land Management administrative site to the city of Carson City, Nevada, for use as a senior center. <> ...
29 Pub.L. 107-089 Amending title 36, United States Code, to designate September 11 as Patriot Day. <> ...
30 Pub.L. 107-227 To designate the facility of the United States Postal Service located at 6101 West Old Shakopee Road in Bloomington, Minnesota, as the ``Thomas E. Burnett, Jr. Post Office Building''. <> ...

Other Documents:

107th Congressional Public Laws Records and Documents

GovRecords.org presents information on various agencies of the United States Government. Even though all information is believed to be credible and accurate, no guarantees are made on the complete accuracy of our government records archive. Care should be taken to verify the information presented by responsible parties. Please see our reference page for congressional, presidential, and judicial branch contact information. GovRecords.org values visitor privacy. Please see the privacy page for more information.
House Rules:

104th House Rules
105th House Rules
106th House Rules

Congressional Bills:

104th Congressional Bills
105th Congressional Bills
106th Congressional Bills
107th Congressional Bills
108th Congressional Bills

Supreme Court Decisions

Supreme Court Decisions


1995 Privacy Act Documents
1997 Privacy Act Documents
1994 Unified Agenda
2004 Unified Agenda

Congressional Documents:

104th Congressional Documents
105th Congressional Documents
106th Congressional Documents
107th Congressional Documents
108th Congressional Documents

Congressional Directory:

105th Congressional Directory
106th Congressional Directory
107th Congressional Directory
108th Congressional Directory

Public Laws:

104th Congressional Public Laws
105th Congressional Public Laws
106th Congressional Public Laws
107th Congressional Public Laws
108th Congressional Public Laws

Presidential Records

1994 Presidential Documents
1995 Presidential Documents
1996 Presidential Documents
1997 Presidential Documents
1998 Presidential Documents
1999 Presidential Documents
2000 Presidential Documents
2001 Presidential Documents
2002 Presidential Documents
2003 Presidential Documents
2004 Presidential Documents

Home Executive Judicial Legislative Additional Reference About Privacy