Detailed Summary

U.S. Participation in Cuban Energy Exploration Act of 2007 - Authorizes U.S. persons to: (1) engage in the exploration for and extraction of hydrocarbon resources from any portion of a foreign exclusive economic zone that is contiguous to the U.S. exclusive economic zone; (2) export without license authority all equipment necessary for such activities; and (3) import such extracted hydrocarbon resources into the United States.

Directs the Secretary of the Treasury to authorize under a general license specified travel-related transactions for travel to, from, or within Cuba in connection with such activities.

Status of the Legislation

Latest Major Action: 7/25/2007: Referred to House committee. Status: Referred to the Committee on Foreign Affairs, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Points in Favor

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Points Against

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