H.R. 6609, Foreign Military Sales Technical, Industrial, and Governmental Engagement for Readiness Act
As ordered reported by the House Committee on Foreign Affairs on February 6, 2024.
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
92
1,045
1,100
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
92
1,045
1,100
Spending Subject to Appropriation (Outlays)
*
*
*
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
The bill would
Authorize the Department of Defense to transfer funding to the Special Defense Acquisition Fund from its other accounts
Authorize the Administration to fulfill military sales to Taiwan using items in U.S. inventory if sales take longer than three years to deliver the newly manufactured items under contract
Amend Congressional notification and reporting thresholds set by the Arms Export Control Act
Estimated budgetary effects would mainly stem from
Transfer authority for the Department of Defense
Areas of significant uncertainty include
Anticipating the amount of funds the Department of Defense would transfer into the Special Defense Acquisition Fund
