military assistance

military assistance Sec. 101. Chapter I of the Mutual Security Act of 1954, as amended, which relates to military assistance, is amended as follows: (a) In section 103, which relates to authorizations, insert the following new subsection (d): “(d) The value of programs of equipment and materials for American Republics, pursuant to any authority contained in this chapter other than section 106, in any fiscal year beginning with the fiscal year 1961, shall not exceed $55,000,000. For the purposes of this subsection, the value of nonexcess equipment and materials shall be as defined in section 545(h) of this Act, and the value of excess equipment and materials (as excess is defined in section 545(e) of this Act) shall mean the acquisition cost to the Armed Forces of the United States of such equipment and materials.” (b) In section 105(b)(4), which relates to conditions applicable to military assistance, strike out the last sentence.