Sec. 7503 of the National Defense Authorization Act for FY 2020 (PEESA), as amended by Sec. 1242 of the National Defense Authorization Act for FY 2021

Date issued: Jan. 01 2021

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TURBOFAC Commentary (1885 words)

Notes:

*Sec. 1242 of the FY 2021 NDAA amends Sec. 7503 of the FY 2020 NDAA (“Protecting Europe's Energy Security Act of 2019”). The text of this file reflects the manual incorporation of the amendments into the text of the statute as initially passed.

1) IN GENERAL

PEESA, as amended, supplements the pre-existing Russia-related secondary sanctions framework found in the Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Ukraine Act of 2014; the Ukraine Freedom Support Act of 2014 and Title II of the Countering America's Adversaries Through Sanctions Act.

PEESA was amended by Sec. 1242 of the FY 2021 NDAA (Amending the "Protecting Europe's Energy Security Act of 2019”). The amendments extend the secondarily sanctionable activity to "pipe-laying activities," which include "activities that...