Sec. 106. 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 to Israel precision guided munitions from reserve stocks for Israel in such quantities as may be necessary for legitimate self-defense of Israel and is 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, as determined by the President, not later than 5 days before making a transfer under subsection (a), the President shall certify 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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