TRADING WITH THE ENEMY ACT.

SEC. 2501. TRADING WITH THE ENEMY ACT. (a) Termination of Office of Alien Property.—(1) The Trading with the Enemy Act is amended by striking subsections (b) through 102 STAT. 1371(e) of section 39 (50 U.S.C. App. 39) and inserting the following new subsection: “(b) The Attorney General shall cover into the Treasury, to the credit of miscellaneous receipts, all sums from property vested in or transferred to the Attorney General under this Act— “(1) which the Attorney General receives after the date of the enactment of the Export Enhancement Act of 1988, or “(2) which the Attorney General received before that date and which, as of that date, the Attorney General had not covered into the Treasury for deposit in the War Claims Fund, other than any such sums which the Attorney General determines in his or her discretion are the subject matter of any judicial action or proceeding.”. (2) Subsection (f) of such section is amended— (A) by striking “(f)” and inserting “(c)”; and (B) by striking “through (d)” and inserting “and (b)”. (b) Removal of Reporting Requirement.—Section 6 of such Act (50 U.S.C. App. 6) is amended in the next to the last sentence by striking “: Provided further,” and all that follows through the end of the section and inserting a period.