S.Amdt. 2281

SA 2281. Mrs. SHAHEEN (for herself, Mr. Kaine, Mr. Welch, and Mr.
Wyden) submitted an amendment intended to be proposed by her to the
bill S. 1582, to provide for the regulation of payment stablecoins, and
for other purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. __. EXCLUSION OF AUTHORITY TO IMPOSE DUTIES AND TARIFF-
RATE QUOTAS FROM INTERNATIONAL EMERGENCY
ECONOMIC POWERS ACT.

Section 203 of the International Emergency Economic Powers
Act (50 U.S.C. 1702) is amended--
(1) by redesignating subsection (c) as subsection (d); and
(2) by inserting after subsection (b) the following:
``(c)(1) The authority granted to the President by this
section does not include the authority to impose or increase
a duty, or to impose a tariff-rate quota, on an article
entering the United States.
``(2) 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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