US SB136

Repeals Section 620(a) of the Foreign Assistance Act of 1961 and terminates presidential authority under the Trading With the Enemy Act with respect to Cuba, effectively ending the decades-long trade embargo

Repeals the Cuban Democracy Act of 1992 and the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996, removing statutory foundations for economic sanctions against Cuba

Allows U.S. citizens and residents unrestricted travel to Cuba and permits common carriers to install and maintain telecommunications equipment and services between the two countries

Extends normal trade relations treatment to Cuban products by removing Cuba from the Harmonized Tariff Schedule's exclusion list and terminating application of Title IV of the Trade Act of 1974

Prohibits the Secretary of the Treasury from limiting remittances to Cuba and directs the President to negotiate settlement of U.S. property claims and protection of human rights with the Cuban government