Bill

Bill > HR1033


US HR1033

US HR1033
REPAY Act Return Expenses Paid And Yielded Act


summary

Introduced
02/07/2019
In Committee
02/07/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Arms Export Control Act to modify certification and report requirements relating to sales of major defense equipment with respect to which nonrecurring costs of research, development, and production are waived or reduced under the Arms Export Control Act, and for other purposes. This bill modifies certification and reporting requirements related to certain defense equipment sales to foreign countries or international organizations, and limits the President's authority to waive various research, development, and production costs charged to the buyer in such sales. The President shall, in the certification submitted to Congress for a sale of major defense equipment of $14 million or more, provide information about any waived or reduced charges for the proportionate amount of nonrecurring research, development, and production costs in the sale. The certification shall include additional information such as the type of waiver provided to the buyer, the justification for the waiver, and in certain instances the manner in which the sale would help standardization between the buyer's forces and the U.S. Armed Forces. The President may not waive such nonrecurring charges if the buyer has received (1) $16 million worth of such waivers in the past two years, (2) 15 waivers in the past five years, or (3) $425 million worth of waivers in the past five years. The bill also allows Armed Forces salaries and civilian benefits costs to be included as chargeable administrative expenses related to such defense equipment sales.

AI Summary

This bill, the REPAY Act (Return Expenses Paid And Yielded Act), modifies certification and reporting requirements related to certain defense equipment sales to foreign countries or international organizations. It limits the President's authority to waive various research, development, and production costs charged to the buyer in such sales. The bill requires the President to provide additional information in certification submissions to Congress for major defense equipment sales of $14 million or more, including details on any waived or reduced nonrecurring costs. It also places restrictions on the President's ability to waive such nonrecurring costs if the buyer has received certain thresholds of waivers in the past. Additionally, the bill allows Armed Forces salaries and civilian benefits costs to be included as chargeable administrative expenses related to these defense equipment sales.

Committee Categories

Military Affairs and Security

Sponsors (7)

Last Action

Referred to the House Committee on Foreign Affairs. (on 02/07/2019)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...