Aid levels to Egypt and Israel would be maintained. Debate in the full House began on June 5. No companion bill introduced to date.
Extensive changes are likely as bill moves through the legislative process.
Following House approval of a measure to grant Palestinian imports the same preferential treatment accorded products from Israel, the Senate Finance Committee amended the bill to incorporate two unrelated trade measures. Shipbuilding Trade Agreement, which ends most subsidies to shipbuilders. The Finance Committee amended the measure to incorporate the GSP and shipbuilding provisions, and reported it to the Senate floor May 13. Rep. Rohrabacher sent a letter to colleagues seeking support for such a bill. Sen. Helms introduced a resolution on June 6 that would reverse the president's decision.