H.R.4644 - Libya Stabilization Act116th Congress (2019-2020)
|Sponsor:||Rep. Deutch, Theodore E. [D-FL-22] (Introduced 10/11/2019)|
|Committees:||House - Foreign Affairs; Judiciary; Financial Services | Senate - Foreign Relations|
|Committee Meetings:||07/29/20 10:00AM|
|Committee Reports:||H. Rept. 116-594|
|Latest Action:||Senate - 11/30/2020 Received in the Senate and Read twice and referred to the Committee on Foreign Relations. (All Actions)|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.4644 — 116th Congress (2019-2020)All Information (Except Text)
Passed House (11/18/2020)
Libya Stabilization Act
This bill provides for sanctions and assistance related to the conflict in Libya.
The President shall impose property- and visa-blocking sanctions on any foreign person providing significant support to a militia or paramilitary group that is (1) knowingly threatening peace or stability in Libya, (2) knowingly engaging in the significant misappropriation or illicit exploitation of Libyan state assets or natural resources, or (3) responsible for or complicit in gross human rights violations in Libya. Such sanctions shall expire on December 31, 2024.
The Department of State shall work to strengthen Libya's democratic governance, including by providing assistance to (1) support efforts to resolve the current civil conflict in Libya, (2) unify Libya's financial and governing institutions, and (3) ensure transparent and credible future elections in Libya.
The Department of the Treasury shall vote and argue for international financial institutions to support an economic recovery in Libya that supports the establishment of a sovereign state with democratic institutions and rule of law.