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Code · BILL · 113th Congress · H.R. 3470 (Referred in Senate) — To affirm the importance of the Taiwan Relations Act, to provide for the transfer of naval vessels to certain foreign... · Sec. 301

Sec. 301. Increase in congressional notification thresholds

229 words·~1 min read·/bill/113/hr/3470/rfs/section-301

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Section 36(b) of the Arms Export Control Act ( 22 U.S.C. 2776(b) ) is amended— in paragraph (1)— in the matter preceding subparagraph (A)— by striking $50,000,000 and inserting $100,000,000 ; by striking $200,000,000 and inserting $300,000,000 ; and by striking $14,000,000 and inserting $25,000,000 ; and in the matter following subparagraph (P)— by inserting of any defense articles or defense services under this Act for $200,000,000 or more, any design and construction services for $300,000,000 or more, or any major defense equipment for $75,000,000 or more, after The letter of offer shall not be issued, with respect to a proposed sale ; and by inserting of any defense articles or services under this Act for $100,000,000 or more, any design and construction services for $200,000,000 or more, or any major defense equipment for $50,000,000 or more, after or with respect to a proposed sale ; and in paragraph (6)— in subparagraph (A), by striking $25,000,000 and inserting $75,000,000 ; and in subparagraph (B), by striking $100,000,000 and inserting $200,000,000 .
Section 36(c) of the Arms Export Control Act ( 22 U.S.C. 2776(c) ) is amended— in paragraph (1)— by striking $14,000,000 and inserting $25,000,000 ; and by striking $50,000,000 and inserting $100,000,000 ; and in paragraph (5)— in subparagraph (A), by striking $25,000,000 and inserting $75,000,000 ; and in subparagraph (B), by striking $100,000,000 and inserting $200,000,000 .
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Sec. 301
Increase in congressional notification thresholds
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