Cuban-Americans will be allowed to travel to the island once a year and send more money to relatives there.
Curbs on sending medicines and food have also been eased.
The legislation was earlier approved by the Senate after clearing the House of Representatives last month.
The legislation overturns rules imposed by the Bush administration which limited travel to just two weeks every three years, and confined visits to immediate family members.
Havana, CubaU.S. loosens restrictions regarding Cuba -- CNN International
Cubans applaud U.S. bill easing trade, travel -- Reuters
Cuba travel moves fall short of Obama pledge: group -- Reuters
Despite bill, Cuba trade rules mostly unchanged: Geithner -- AP
Showdown on U.S.-Cuba policy not over yet -- Miami Herald
Geithner Pledges Limits on Expansion of Cuba Travel (Update1) -- Bloomberg
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