Sec. 116. Transfer of precision guided munitions to Israel
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Notwithstanding section 514 of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2321h ), the President is authorized to transfer such quantities of precision guided munitions from reserve stocks to Israel as necessary for legitimate self-defense and otherwise consistent with the purposes and conditions for such transfers under the Arms Export Control Act ( 22 U.S.C. 2751 et seq.). Except in case of emergency, not later than 5 days before making a transfer under this section, the President shall certify in an unclassified notification to the appropriate congressional committees that the transfer of the precision guided munitions— does not affect the ability of the United States to maintain a sufficient supply of precision guided munitions; does not harm the combat readiness of the United States or the ability of the United States to meet its commitment to allies for the transfer of such munitions; is necessary for Israel to counter the threat of rockets in a timely fashion; and is in the national security interest of the United States.
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