Sponsors (27)
The bill opens and normalizes commercial, travel, and financial ties with Cuba—expanding markets, remittances, and connectivity and increasing oversight transparency—while materially reducing U.S. economic leverage and raising national‑security, compliance, and enforcement risks.
U.S. exporters, small businesses, and certain sectors (telecom, agriculture) gain renewed access to Cuban markets and new commercial opportunities, potentially increasing sales and jobs.
U.S. citizens, residents, and families (including Cuban Americans) regain lawful travel and people‑to‑people ties with Cuba, restoring mobility for family, cultural, and business travel.
Remittance senders (Cuban Americans and others) and recipients in Cuba can send and receive larger or unlimited remittances, increasing household support for Cuban families.
Taxpayers and national-security interests lose leverage and rapid sanctions tools against Cuba, reducing U.S. ability to use economic pressure to influence Cuban government behavior.
Remittances, travel, and relaxed export controls increase the risk that funds, goods, or technology could be diverted to sanctioned or illicit actors in Cuba, raising counter‑terrorism/illicit‑finance and enforcement concerns.
U.S. banks, money‑transfer firms, carriers, and exporters face heightened compliance, legal uncertainty, and potential liability as sanctions, export controls, and regulatory rules are reworked or come into tension.
Based on analysis of 9 sections of legislative text.
Repeals many Cuba sanctions and restores normal trade, travel, remittances, and telecom links while requiring negotiations on property claims and human rights.
Introduced February 12, 2026 by James P. McGovern · Last progress February 12, 2026
Removes many longstanding U.S. legal restrictions on Cuba and replaces them with broad normalization measures: it lifts trade and travel bans, allows U.S. carriers to build and operate telecom links with Cuba, forbids limits on remittances, extends normal trade relations to Cuban goods, and directs the President to negotiate property-claims settlements and human-rights protections with Cuba. Most changes take effect 60 days after enactment, with tariff changes effective 15 days after enactment and a separate tax-timing rule applying to future determinations.