Sunset; rule of construction

(a) Sunset All authorities and programs established under this Act, including the war inflation refundable tax credit under section 101, and the prohibitions and enforcement authorities created by sections 201 and 202, shall terminate at the end of the designated U.S.–Israel–Iran war energy emergency period, except as provided in subsection (b). (b) Continuing actions Any investigation, enforcement action, or proceeding commenced under this Act before the date described in subsection (a) may be continued, and any civil or criminal liability for violations of this Act incurred before such date shall remain in effect until satisfied or discharged. (c) Rule of construction Nothing in this Act shall be construed to— (1) limit, impair, or otherwise affect any authority of the President or any Federal agency under the Defense Production Act of 1950, the Federal Trade Commission Act, or any other provision of Federal law to prevent hoarding, accumulation, or other forms of profiteering during an emergency; or (2) preempt or displace any State or local law prohibiting price gouging or other unfair or deceptive practices during a declared emergency.