Bill > HR7271

This bill, the Fiscally Responsible Israel Security Supplemental Appropriations Act, 2024, makes emergency supplemental appropriations to respond to attacks in Israel. The key provisions include: 1. Amending the Department of Defense Appropriations Act, 2005 to modify the language around transferring defense articles to Israel, allowing for the transfer of defense articles from the Department of Defense inventory that are intended for use as reserve stocks for Israel. 2. Providing an additional $3.5 billion in Foreign Military Financing Program funds for Israel to respond to the attacks, with the flexibility to use these funds for the procurement of advanced weapons systems in Israel. 3. Increasing the authority under the Foreign Assistance Act of 1961 for the Secretary of State to draw down defense articles and services from Department of Defense stocks up to $2.5 billion to respond to the situation in Israel. 4. Requiring regular reporting from the Secretary of Defense and Secretary of State on the security assistance provided to Israel since the October 2023 attack. The bill also includes various general provisions related to the availability and designation of the emergency appropriations.

Budget and Finance

https://www.congress.gov/bill/118th-congress/house-bill/7271/all-info