Sec. 7. Reports required
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Not later than 30 days after the publication of any executive order, proclamation, or other notice to declare a national emergency, the Comptroller General of the United States shall submit to Congress a report that includes the following: The expected impact of such declaration on the economic interests of the United States and of allied countries. The expected humanitarian impact of such declaration, including the extent to which organizations or entities attempting to provide humanitarian assistance face restricted access as a result of such declaration.
The expected impact of such declaration on the economy of any country targeted by such declaration. The expected financial impact of such declaration on United States citizens and entities, including the impact on any such citizens or entities who maintain accounts or assets in financial institutions subject to sanctions pursuant to such declaration. Not later than 1 year after the publication of an executive order, proclamation, or other notice described in subsection (a), the Comptroller General shall submit to Congress an updated report that includes the assessment of the Comptroller General with respect to the actual impact of the declaration of such national emergency on each of the interests described in paragraphs
(1)through
(3)of subsection (a). In preparing the report required by subsection (b), the Comptroller General shall consult with relevant nongovernmental organizations working in areas affected by the applicable declaration, including organizations engaged in the provision of humanitarian assistance. Not later than 1 year after the publication of an executive order, proclamation, or other notice described in subsection (a), the President shall submit to Congress a report that sets forth, with respect to each goal and outcome described pursuant to section 204(b)(3) of the International Emergency Economic Powers Act ( 50 U.S.C. 1703(b)(4) )(as added by section 6 of this Act), the manner and extent to which such goal or outcome has been achieved through the sanctions imposed pursuant to the declaration of such national emergency.
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U.S. Code