Sec. 202. Limitations on International Emergency Economic Powers Act authorities
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/bill/118/s/4373/is/section-202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 202 of the International Emergency Economic Powers Act ( 50 U.S.C. 1701 ) is amended by adding at the end the following: The authorities granted to the President by section 203 may not be exercised with respect to a United States person. In this section, the term United States person means— a United States citizen or an alien lawfully admitted for permanent residence to the United States; an entity— organized under the laws of the United States or any jurisdiction within the United States; or in which more than 50 percent of the controlling interest is owned by a person described in subparagraph (A), (B)(i), or (C); or any person in the United States. .
Section 203 of the International Emergency Economic Powers Act ( 50 U.S.C. 1702 ) is amended— by redesignating subsection
(c)as subsection (d); and by inserting after subsection
(b)the following: The authority granted to the President by this section does not include the authority to impose duties or tariff-rate quotas or (subject to paragraph (2)) other quotas on articles entering the United States. The limitation under paragraph
(1)does not prohibit the President from excluding all articles, or all of a certain type of article, imported from a country from entering the United States. .
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Sec. 202
Limitations on International Emergency Economic Powers Act authorities
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