Sec. 5503. INCREASE IN ANNUAL REGIONAL CONTINGENCY STOCKPILE ADDITIONS AND SUPPORT FOR TAIWAN
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## SEC. 5503 INCREASE IN ANNUAL REGIONAL CONTINGENCY STOCKPILE ADDITIONS AND SUPPORT FOR TAIWAN ###
(a)In General Section 514(b)(2)(A) of the Foreign Assistance Act of 1961 (22 U.S.C. 2321h(b)(2)(A)) is amended by striking “$200,000,000” and all that follows and inserting “$500,000,000 for any of the fiscal years 2023, 2024, or 2025.”. ###
(b)Establishment **[**[22 U.S.C. 3352](/us/usc/t22/s3352)**]** Subject to section 514 of the Foreign Assistance Act of 1961 (22 U.S.C. 2321h), the President may establish a regional contingency stockpile for Taiwan that consists of munitions and other appropriate defense articles. ###
(c)Inclusion of Taiwan Among Other Allies Eligible for Defense Articles Chapter 2 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2311 et seq.) is amended— ####
(1)in section 514(c)(2) (22 U.S.C. 2321h(c)(2)), by inserting “Taiwan,” after “Thailand,”; and ####
(2)in section 516(c)(2) (22 U.S.C. 2321j(c)(2)), by inserting “to Taiwan,” after “major non-NATO allies on such southern and southeastern flank,”. ###
(d)Annual Briefing Not later than 1 year after the date of enactment of this Act, and annually thereafter for 7 years, the President shall provide a briefing to the appropriate committees of Congress regarding the status of a regional contingency stockpile established under subsection (b). ###
(e)Appropriate Committees of Congress Defined In subsection (d), the term ‘‘appropriate committees of Congress’’ means— ####
(1)the congressional defense committees; and ####
(2)the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate.
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Sec. 5503
INCREASE IN ANNUAL REGIONAL CONTINGENCY STOCKPILE ADDITIONS AND SUPPORT FOR TAIWAN
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