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ICELAND Act

12/15/2023, 3:59 PM

Summary of Bill HR 3986

The ICELAND Act, also known as Bill 118 hr 3986, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to strengthen the relationship between the United States and Iceland, particularly in the areas of defense and security cooperation.

The ICELAND Act calls for increased military cooperation between the two countries, including joint training exercises and information sharing. It also aims to enhance diplomatic ties and promote economic partnerships between the US and Iceland.

Additionally, the bill includes provisions for the US to provide assistance to Iceland in areas such as cybersecurity and disaster response. It also emphasizes the importance of maintaining a strong presence in the Arctic region, where both countries have shared interests. Overall, the ICELAND Act seeks to solidify the longstanding partnership between the United States and Iceland, with a focus on mutual security and economic benefits. It is currently being reviewed by Congress and has garnered bipartisan support.

Congressional Summary of HR 3986

Iceland Commercial and Economic Leadership for Arctic and National Development Act or the ICELAND Act

This bill establishes that a national of Iceland shall be eligible for an E visa (for an investor or trader who is a national of a foreign country with a treaty of commerce and navigation with the United States) if Iceland provides a similar nonimmigrant status to U.S. nationals.

Current Status of Bill HR 3986

Bill HR 3986 is currently in the status of Bill Introduced since June 9, 2023. Bill HR 3986 was introduced during Congress 118 and was introduced to the House on June 9, 2023.  Bill HR 3986's most recent activity was Referred to the House Committee on the Judiciary. as of June 9, 2023

Bipartisan Support of Bill HR 3986

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
4
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3986

Primary Policy Focus

Immigration

Alternate Title(s) of Bill HR 3986

ICELAND Act
ICELAND Act
Iceland Commercial and Economic Leadership for Arctic and National Development Act
To include Iceland in the list of foreign states whose nationals are eligible for admission into the United States as E1 and E2 nonimmigrants if United States nationals are treated similarly by the Government of Iceland, and for other purposes.

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