Bill > S4652

This bill, the Taiwan Democracy Defense Lend-Lease Act of 2022, would allow the President to lend or lease defense articles (military equipment and supplies) to the Government of Taiwan to assist in bolstering Taiwan's defensive capabilities and protecting its citizens from potential aggression by the People's Liberation Army of China. The bill outlines the conditions for such loans or leases, including requiring Taiwan to pay for any damage, loss, or replacement of the defense articles. It also allows the President to finance the procurement of defense services and design and construction services by Taiwan related to the loaned or leased defense articles. The bill also requires the establishment of expedited procedures for the delivery of defense articles to Taiwan and a report on the assessment of Taiwan's defense needs and expected timelines for the provision and integration of defense articles.