Bill > S770

This bill, the Taiwan Democracy Defense Lend-Lease Act of 2023, would authorize the President to lend or lease defense articles to the Government of Taiwan to assist in bolstering its defensive capabilities and protecting its citizens from potential aggression by the People's Liberation Army of China. The bill requires Taiwan to pay for any damaged or lost defense articles, and allows the President to finance the procurement of defense services and construction services for Taiwan, with the requirement that Taiwan repay the United States within 12 years. The bill also directs the Secretary of Defense to submit a report assessing the appropriate defense articles for loan or lease to Taiwan, as well as any supply chain or logistical challenges associated with such a program.