Waiver
Title I — Sanctions with respect to the Russian Federation
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(a) In general The President may, subject to subsection (b), waive the application of any sanctions provision with respect to a foreign person, any restriction with respect to a person, or any duty under this title. (b) Reports required (1) In general Before issuing a waiver under subsection (a), the President shall submit to Congress— (A) a certification in writing that the issuance of the waiver is in the national interests of the United States; and (B) a report explaining the basis for the certification. (2) Consolidation of reports If the President is issuing more than one waiver of a section of this title, the President may include, in one report submitted under paragraph (1), the certifications and explanations required by that paragraph with respect to each such waiver, as long as all of such certifications and explanations relate to a waiver of the same section of this title. (3) Form of report Each report required by paragraph (1) shall be submitted in unclassified form but may include a classified annex. (4) Applicability to modifications of certain duty rates The President is not required to submit a report under paragraph (1) for a modification or adjustment of a rate of duty pursuant to section 113(b). This paragraph does not modify or negate the requirement to submit a written determination required by section 113(b) or a report required by section 113(g)(1).