Amendments

2007—Pub. L. 110–96 amended section generally. Prior to amendment, text of section read as follows:

"(a) A civil penalty of not to exceed $50,000 may be imposed on any person who violates, or attempts to violate, any license, order, or regulation issued under this chapter.

"(b) Whoever willfully violates, or willfully attempts to violate, any license, order, or regulation issued under this chapter shall, upon conviction, be fined not more than $50,000, or, if a natural person, may be imprisoned for not more than twenty years, or both; and any officer, director, or agent of any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both."

Effective Date of 2007 Amendment

Pub. L. 110–96, §2(b), Oct. 16, 2007, 121 Stat. 1011, provided that:

"(1) Civil penalties.—Section 206(b) of the International Emergency Economic Powers Act [50 U.S.C. 1705(b)], as amended by subsection (a), shall apply to violations described in section 206(a) of such Act with respect to which enforcement action is pending or commenced on or after the date of the enactment of this Act [Oct. 16, 2007].

"(2) Criminal penalties.—Section 206(c) of the International Emergency Economic Powers Act, as amended by subsection (a), shall apply to violations described in section 206(a) of such Act with respect to which enforcement action is commenced on or after the date of the enactment of this Act."

2006—Subsec. (a). Pub. L. 109–177, §402(1), substituted "$50,000" for "$10,000".

Subsec. (b). Pub. L. 109–177, §402(2), substituted "twenty years" for "ten years".

1996—Subsec. (a). Pub. L. 104–201, §1422(1), inserted ", or attempts to violate," after "violates".

Subsec. (b). Pub. L. 104–201, §1422(2), inserted ", or willfully attempts to violate," after "violates".

1992—Subsec. (a). Pub. L. 102–396 substituted "$10,000" for "$50,000".

Pub. L. 102–393 substituted "$50,000" for "$10,000".