[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC2796b]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 39--ARMS EXPORT CONTROL
SUBCHAPTER VI--LEASES OF DEFENSE ARTICLES AND LOAN AUTHORITY FOR
COOPERATIVE RESEARCH AND DEVELOPMENT PURPOSES
Sec. 2796b. Legislative review procedures
(a) Applicability
(1) Subject to paragraph (2), in the case of any agreement involving
the lease under this subchapter, or the loan under chapter 2 of part II
of the Foreign Assistance Act of 1961 [22 U.S.C. 2311 et seq.], to any
foreign country or international organization for a period of one year
or longer of any defense articles which are either (i) major defense
equipment valued (in terms of its replacement cost less any depreciation
in its value) at $14,000,000 or more, or (ii) defense articles valued
(in terms of their replacement cost less any depreciation in their
value) at $50,000,000 or more, the agreement may not be entered into or
renewed if the Congress, within the 15-day or 30-day period specified in
section 2796a(c)(1) or (2) of this title, as the case may be, enacts a
joint resolution prohibiting the proposed lease or loan.
(2) In the case of an agreement described in paragraph (1) that is
entered into with a member country of the North Atlantic Treaty
Organization (NATO) or Australia, Japan, or New Zealand, the limitations
in paragraph (1) shall apply only if the agreement involves a lease or
loan of--
(A) major defense equipment valued (in terms of its replacement
cost less any depreciation in its value) at $25,000,000 or more; or
(B) defense articles valued (in terms of their replacement cost
less any depreciation in their value) at $100,000,000 or more.
(b) Consideration of resolution
Any joint resolution under subsection (a) of this section shall be
considered in the Senate in accordance with the provisions of section
601(b) of the International Security Assistance and Arms Export Control
Act of 1976.
(c) Highly privileged nature of resolution
For the purpose of expediting the consideration and enactment of
joint resolutions under subsection (a) of this section, a motion to
proceed to the consideration of any such joint resolution after it has
been reported by the appropriate committee shall be treated as highly
privileged in the House of Representatives.
(Pub. L. 90-629, ch. 6, Sec. 63, as added Pub. L. 97-113, title I,
Sec. 109(a), Dec. 29, 1981, 95 Stat. 1525; amended Pub. L. 99-247,
Sec. 1(d), Feb. 12, 1986, 100 Stat. 9; Pub. L. 104-164, title I,
Sec. 141(e)(2), July 21, 1996, 110 Stat. 1433; Pub. L. 107-228, div. B,
title XIV, Sec. 1405(a)(3), Sept. 30, 2002, 116 Stat. 1457.)
References in Text
The Foreign Assistance Act of 1961, referred to in subsec. (a)(1),
is Pub. L. 87-195, Sept. 4, 1961, 75 Stat. 424, as amended. Chapter 2 of
part II of that Act is classified generally to part II (Sec. 2311 et
seq.) of subchapter II of this chapter. For complete classification of
this Act to the Code, see Short Title note set out under section 2151 of
this title and Tables.
Section 601(b) of the International Security Assistance and Arms
Export Control Act of 1976, referred to in subsec. (b), is section
601(b) of Pub. L. 94-329, June 30, 1976, 90 Stat. 765, which made
provision for expedited procedures in the Senate, and was not classified
to the Code.
Amendments
2002--Subsec. (a). Pub. L. 107-228 designated existing provisions as
par. (1), substituted ``Subject to paragraph (2), in the case of'' for
``In the case of'', and added par. (2).
1996--Subsec. (a). Pub. L. 104-164 redesignated par. (1) as entire
subsec. (a), substituted ``the 15-day or 30-day period specified in
section 2796a(c)(1) or (2) of this title, as the case may be'' for ``30
calendar days after receiving the certification with respect to that
proposed agreement pursuant to section 2796a(a) of this title'', and
struck out par. (2) which read as follows: ``This section shall not
apply with respect to a loan or lease to the North Atlantic Treaty
Organization, any member country of that Organization, Japan, Australia,
or New Zealand.''
1986--Subsec. (a)(1). Pub. L. 99-247, Sec. 1(d)(1), substituted
``enacts a
