International Emergency Economic Powers Act
E26821
The International Emergency Economic Powers Act is a U.S. federal law that grants the President broad authority to regulate international commerce and impose economic sanctions during declared national emergencies involving foreign threats.
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
→
economic sanctions law → national security law → |
| administeredBy |
Office of Foreign Assets Control
→
U.S. Department of the Treasury → |
| appliesTo |
foreign countries
→
foreign entities → foreign persons → property subject to U.S. jurisdiction → |
| authorizes |
blocking of property and interests in property
→
import and export controls related to foreign threats → prohibition of financial transactions → regulation of international commerce → trade restrictions → |
| codifiedIn |
50 U.S.C. §§ 1701–1707
→
|
| country |
United States
→
|
| dateSigned |
1977-10-28
→
|
| effectiveDate |
1977-10-28
→
|
| enactedBy |
United States Congress
→
|
| enforcementAgency |
U.S. Department of Justice
→
U.S. Department of the Treasury → |
| governs |
blocking of assets of designated foreign persons in the United States or in the possession or control of U.S. persons
→
|
| legalBasisFor |
many modern U.S. sanctions regimes
→
|
| limits |
does not authorize regulation of humanitarian donations of food, clothing, and medicine under certain conditions
→
does not authorize regulation of personal communications not involving a transfer of value → |
| partOf |
United States Code
→
|
| penaltiesMayInclude |
fines
→
imprisonment → |
| primaryPurpose |
to enable imposition of economic sanctions in response to foreign threats
→
to grant the President authority to regulate international economic transactions during national emergencies → |
| providesFor |
civil penalties
→
criminal penalties → |
| relatedTo |
National Emergencies Act
→
Trading with the Enemy Act → |
| requires |
declaration of a national emergency with respect to an unusual and extraordinary foreign threat
→
periodic reporting to Congress on national emergencies and actions taken → |
| scope |
unusual and extraordinary threats originating in whole or substantial part outside the United States
→
|
| shortName |
IEEPA
→
|
| signedBy |
Jimmy Carter
→
|
| signingPresident |
Jimmy Carter
→
|
| titleInUSCode |
Title 50
→
|
| usedFor |
counterterrorism sanctions
→
cyber-related sanctions → economic sanctions programs → human rights-related sanctions → nonproliferation sanctions → sanctions against foreign governments → sanctions against foreign individuals → sanctions against foreign organizations → |
| yearEnacted |
1977
→
|
Referenced by (4)
| Subject (surface form when different) | Predicate |
|---|---|
|
Arms Export Control Act (firearms provisions)
→
National Emergencies Act → National Emergencies Act → Public Law 94-412 → |
relatedTo |