Public Law 95-223
E583723
Public Law 95-223 is the 1977 U.S. federal statute that, among other things, enacted the International Emergency Economic Powers Act, granting the President broad authority to regulate international economic transactions during national emergencies.
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf | United States federal statute ⓘ |
| administeredInPracticeBy |
Office of Foreign Assets Control
NERFINISHED
ⓘ
U.S. Department of the Treasury NERFINISHED ⓘ |
| allows |
blocking of property and interests in property of foreign persons during national emergencies
ⓘ
regulation of foreign exchange transactions during national emergencies ⓘ regulation of transfers of credit or payments involving foreign countries during national emergencies ⓘ |
| amends | Trading with the Enemy Act of 1917 NERFINISHED ⓘ |
| areaOfLaw |
international economic law
ⓘ
national security law ⓘ sanctions law ⓘ |
| codifiedInTitle | 50 U.S. Code ⓘ |
| conditionForUse | declaration of a national emergency with respect to an unusual and extraordinary foreign threat ⓘ |
| congressNumber | 95th United States Congress NERFINISHED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dateSigned | December 28, 1977 ⓘ |
| effect | shifted most peacetime emergency economic powers from the Trading with the Enemy Act to the International Emergency Economic Powers Act ⓘ |
| enactedBy | United States Congress ⓘ |
| enacts |
International Emergency Economic Powers Act
NERFINISHED
ⓘ
National Emergencies Act amendments NERFINISHED ⓘ |
| grantsPowerTo | President of the United States NERFINISHED ⓘ |
| historicalContext | post-Vietnam and Watergate reforms of emergency powers ⓘ |
| imposes | reporting requirements on the President to Congress regarding use of emergency economic powers ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| limits | scope of presidential economic emergency powers under the Trading with the Enemy Act ⓘ |
| policyGoal |
to increase congressional oversight of presidential emergency economic powers
ⓘ
to modernize the legal framework for economic sanctions ⓘ |
| presidentAtEnactment | Jimmy Carter NERFINISHED ⓘ |
| publicLawNumber | 95-223 NERFINISHED ⓘ |
| purpose |
to grant the President authority to regulate international economic transactions during national emergencies
ⓘ
to revise and limit the use of the Trading with the Enemy Act in peacetime ⓘ |
| relatedTo |
International Emergency Economic Powers Act
NERFINISHED
ⓘ
National Emergencies Act NERFINISHED ⓘ Trading with the Enemy Act NERFINISHED ⓘ |
| requires | presidential declaration of national emergency before exercising IEEPA powers ⓘ |
| shortTitle | An Act to amend section 5(b) of the Trading With the Enemy Act, and for other purposes ⓘ |
| signedBy | Jimmy Carter NERFINISHED ⓘ |
| statutesAtLargeCitation | 91 Stat. 1625 ⓘ |
| subject |
emergency economic powers
ⓘ
foreign assets control ⓘ international economic sanctions ⓘ national emergencies ⓘ presidential powers ⓘ |
| typeOfSanctionsAuthority | framework statute for U.S. economic sanctions programs ⓘ |
| yearEnacted | 1977 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
International Emergency Economic Powers Act