ASSISTANCE FOR THE PHILIPPINES.

SEC. 1308. SECURITY ASSISTANCE FOR THE PHILIPPINES. (a) Statement of Policy.—The Congress declares the following: (1) The President should transfer to the Government of the Philippines, on a grant basis under section 516 of the Foreign Assistance Act of 1961 (22 U.S.C. 2321j), the excess defense articles described in subsection (b). (2) The United States should not oppose the transfer of F–5 aircraft by a third country to the Government of the Philippines. (b) Excess Defense Articles.—The excess defense articles described in this subsection are the following: (1) UH–1 helicopters and A–4 aircraft. (2) Amphibious landing craft, naval patrol vessels (including patrol vessels of the Coast Guard), and other naval vessels (such as frigates), if such vessels are available. (c) Funding.—Of the amounts made available to carry out section 23 of the Arms Export Control Act (22 U.S.C. 2763) for fiscal years 2000 and 2001, $5,000,000 for each such fiscal year should be made available for assistance on a grant basis for the Philippines.