Sec. 117. Waiver
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/bill/119/hr/6856/ih/section-117·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The President may, subject to subsection (b), waive the application of any provision of this title to a foreign person or nation for such time as the President determines appropriate for up to renewable periods of 2 years. Before issuing a waiver under subsection (a), the President shall submit to Congress— a certification in writing that the issuance of the waiver is in the national security interests of the United States; and a report explaining the basis for the certification.
If the President is issuing more than one waiver of a section of this title, the President may include, in one report submitted under paragraph (1), the certifications and explanations required by that paragraph with respect to each such waiver, as long as all of such certifications and explanations relate to a waiver of the same section of this title. Each report required by paragraph
(1)shall be submitted in unclassified form but may include a classified annex. Pursuant to the authority provided under section 115, the President is not required to issue a waiver or submit a report to Congress under this section if the President is adjusting the rate of duty under those sections to a rate that is greater than 0 and less than or equal to 500 percent ad valorem.