A bill to repeal the Economic Stabilization Act of 1970.

Repeals the Economic Stabilization Act of 1970.

Provides tht whoever, prior to the date of enactment of this Act, willfully violates any provision of law repealed, shall be punished in accordance with such provision as in effect on the date such violation occurred.

States that the repeal shall not affect any suit, action, or other proceeding lawfully commenced prior to the date of enactment of this Act.