Pub. L. 104-164, tit. I, ch. 1, sec. 102

ADDITIONAL REQUIREMENTS UNDER THE FOREIGN MILITARY FINANCING PROGRAM.

EnactedYear: 1996Length: 529 wordsOfficial source
SEC. 102. ADDITIONAL REQUIREMENTS UNDER THE FOREIGN MILITARY FINANCING PROGRAM. (a) Audit of Certain Private Firms.— Section 23 of the Arms Export Control Act (22 U.S.C. 2763) is amended by adding at the end the following new subsection: “(f) For each fiscal year, the Secretary of Defense, as requested by the Director of the Defense Security Assistance Agency, shall conduct audits on a nonreimbursable basis of private firms that have entered into contracts with foreign governments under which defense articles, defense services, or design and construction services are to be procured by such firms for such governments from financing under this section.”. (b) Notification Requirement With Respect to Cash Flow Financing.— Section 23 of such Act (22 U.S.C. 2763), as amended by this Act, is further amended by adding at the end the following new subsection: “(g) (1) For each country and international organization that has been approved for cash flow financing under this section, any letter of offer and acceptance or other purchase agreement, or any amendment thereto, for a procurement of defense articles, defense services, or design and construction services in excess of $100,000,000 that is to be financed in whole or in part with funds made available under this Act or the Foreign Assistance Act of 1961 shall be submitted to the congressional committees specified in section 634A(a) of the Foreign Assistance Act of 1961 in accordance with the procedures applicable to reprogramming notifications under that section. “(2) For purposes of this subsection, the term ‘cash flow financing’ has the meaning given such term in subsection (d) of section 25, as added by section 112(b) of Public Law 99-83.”. (c) Limitations on Use Of Funds for Direct Commercial Contracts.— Section 23 of such Act (22 U.S.C. 2763), as amended110 STAT. 1423 by this Act, is further amended by adding at the end the following new subsection: “(h) Of the amounts made available for a fiscal year to carry out this section, not more than $100,000,000 for such fiscal year may be made available for countries other than Israel and Egypt for the purpose of financing the procurement of defense articles, defense services, and design and construction services that are not sold by the United States Government under this Act.”. (d) Annual Estimate and Justification for Sales Program.— Section 25(a) of such Act (22 U.S.C. 2765(a)) is amended— (1) by striking the “and” at the end of paragraph (11); (2) by redesignating paragraph (12) as paragraph (13); and (3) by inserting after paragraph (11) the following: “(12) (A) a detailed accounting of all articles, services, credits, guarantees, or any other form of assistance furnished by the United States to each country and international organization, including payments to the United Nations, during the preceding fiscal year for the detection and clearance of landmines, including activities relating to the furnishing of education, training, and technical assistance for the detection and clearance of landmines; and “(B) for each provision of law making funds available or authorizing appropriations for demining activities described in subparagraph (A), an analysis and description of the objectives and activities undertaken during the preceding fiscal year, including the number of personnel involved in performing such activities; and”.
Pub. L. 104-164, tit. I, ch. 1, sec. 102: ADDITIONAL REQUIREMENTS UNDER THE FOREIGN MILITARY FINANCING PROGRAM. | Justis AI