Magnitsky Act Summary
The Russia and Moldova Jackson−Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act of 2012
The following is a summary of the Russia and Moldova Jackson−Vanik Repeal and Sergei Magnitsky Rule of Law Accountability Act of 2012 (also known as the Magnitsky Act), as signed into law by President Barack Obama as P.L. 112−208 on December 14, 2012. Title I ― Permanent Normal Trade Relations for the Russian Federation Section 102. Authorizes the President to: (1) determine that title IV (Jackson−Vanik Amendment) of the Trade Act of 1974 (denying nondiscriminatory treatment [normal trade relations treatment] to non-market countries that restrict freedom of emigration and other human rights) should no longer apply to the Russian…