Bill > HR8036

This bill, the Indo-Pacific Security Supplemental Appropriations Act, 2024, makes emergency supplemental appropriations for assistance to the Indo-Pacific region and related expenses for the fiscal year ending September 30, 2024. The key provisions include: 1. Providing $542.4 million to the Department of Defense for unfunded priorities of the U.S. Indo-Pacific Command. 2. Providing $281.9 million to the Department of the Navy for improvements to the submarine industrial base. 3. Providing $2 billion for the Foreign Military Financing Program to assist countries in the Indo-Pacific region. 4. Providing $250 million for a contribution to the International Development Association Special Program to Enhance Crisis Response Window. 5. Expanding the authorities and funding levels for certain foreign assistance programs, such as the Foreign Assistance Act's section 506 emergency drawdown authority and section 552 peacekeeping operations authority. 6. Amending the Ukraine Supplemental Appropriations Act, 2022 to expand the loan guarantee program to include major non-NATO allies and the Indo-Pacific region, and increasing the funding level to $8 billion.

Budget and Finance

https://www.congress.gov/bill/118th-congress/house-bill/8036/all-info