50 U.S.C. § 1601: Termination of existing declared emergencies

any action taken or proceeding pending not finally concluded or determined on such date; any action or proceeding based on any act committed prior to such date; or any rights or duties that matured or penalties that were incurred prior to such date. For the purpose of this section, the words “any national emergency in effect” means a general declaration of emergency made by the President. any action taken or proceeding pending not finally concluded or determined at the time of repeal; any action or proceeding based on any act committed prior to repeal; or any rights or duties that matured or penalties that were incurred prior to repeal.”