transformation’’ and stated the sense of Congress 
that the United States Government should ‘‘provide 
the Government of Israel defense articles and de-
fense services through such mechanisms as appro-
priate, to include air refueling tankers, missile de-
fense capabilities, and specialized munitions’’. 
(4) On December 19, 2014, President Barack 
Obama signed into law the United States-Israel 
Strategic Partnership Act of 2014 (Public Law 113– 
296) which stated the sense of Congress that Israel 
is a major strategic partner of the United States 
and declared it to be the policy of the United States 
‘‘to continue to provide Israel with robust security 
assistance, including for the procurement of the Iron 
Dome Missile Defense System’’. 
(5) Section 1679 of the National Defense Au-
thorization Act for Fiscal Year 2016 (Public Law 
114–92; 129 Stat. 1135) authorized funds to be ap-
propriated for Israeli cooperative missile defense 
program codevelopment and coproduction, including 
funds to be provided to the Government of Israel to 
procure the David’s Sling weapon system as well as 
the Arrow 3 Upper Tier Interceptor Program. 
(6) On September 14, 2016, the United States 
and Israel signed a 10-year Memorandum of Under-
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standing reaffirming the importance of continuing 
annual United States military assistance to Israel 
and cooperative missile defense programs in a way 
that enhances Israel’s security and strengthens the 
bilateral relationship between the two countries. 
(7) The 2016 Memorandum of Understanding 
reflected United States support of Foreign Military 
Financing (FMF) grant assistance to Israel over the 
10-year period beginning in fiscal year 2019 and 
ending in fiscal year 2028. FMF grant assistance 
would be at a level of $3,300,000,000 annually, to-
taling $33 billion, the largest single pledge of mili-
tary assistance ever and a reiteration of the seven- 
decade, unshakeable, bipartisan commitment of the 
United States to Israel’s security. 
(8) The Memorandum of Understanding also 
reflected United States support for funding for coop-
erative programs to develop, produce, and procure 
missile, rocket, and projectile defense capabilities 
over a 10-year period beginning in fiscal year 2019 
and ending in fiscal year 2028 at a level of $500 
million per year, totaling $5 billion. 
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SEC. 112. STATEMENT OF POLICY REGARDING ISRAEL’S DE-
FENSE SYSTEMS. 
It shall be the policy of the United States to provide 
assistance to the Government of Israel in order to support 
funding for cooperative programs to develop, produce, and 
procure missile, rocket, projectile, and other defense capa-
bilities to help Israel meet its security needs and to help 
develop and enhance United States defense capabilities. 
SEC. 113. ASSISTANCE FOR ISRAEL. 
Section 513(c) of the Security Assistance Act of 2000 
(Public Law 106–280; 114 Stat. 856) is amended— 
(1) in paragraph (1), by striking ‘‘2002 and 
2003’’ and inserting ‘‘2019, 2020, 2021, 2022, 
2023, 2024, 2025, 2026, 2027, and 2028’’; and 
(2) in paragraph (2)— 
(A) by striking ‘‘equal to—’’ and inserting 
‘‘not less than $3,300,000,000.’’; and 
(B) by striking subparagraphs (A) and 
(B). 
SEC. 114. EXTENSION OF WAR RESERVES STOCKPILE AU-
THORITY. 
Section 514(b)(2)(A) of the Foreign Assistance Act 
of 1961 (22 U.S.C. 2321h(b)(2)(A)) is amended by strik-
ing ‘‘2013, 2014, 2015, 2016, 2017, 2018, and 2019’’ and 
inserting ‘‘2019, 2020, 2021, 2022, and 2023’’. 
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SEC. 115. EXTENSION OF LOAN GUARANTEES TO ISRAEL. 
Chapter 5 of title I of the Emergency Wartime Sup-
plemental Appropriations Act, 2003 (Public Law 108–11; 
117 Stat. 576) is amended under the heading ‘‘LOAN 
GUARANTEES TO ISRAEL’’— 
(1) in the matter preceding the first proviso, by 
striking ‘‘September 30, 2019’’ and inserting ‘‘Sep-
tember 30, 2023’’; and 
(2) in the second proviso, by striking ‘‘Sep-
tember 30, 2019’’ and inserting ‘‘September 30, 
2023’’. 
SEC. 116. TRANSFER OF PRECISION GUIDED MUNITIONS TO 
ISRAEL. 
(a) IN GENERAL.—Notwithstanding section 514 of 
the Foreign Assistance Act of 1961 (22 U.S.C. 2321h), 
the President is authorized to transfer such quantities of 
precision guided munitions from reserve stocks to Israel 
as necessary for legitimate self-defense and otherwise con-
sistent with the purposes and conditions for such transfers 
under the Arms Export Control Act (22 U.S.C. 2751 et 
seq.). 
(b) CERTIFICATIONS.—Except in case of emergency, 
not later than 5 days before making a transfer under this 
section, the President shall certify in an unclassified noti-
fication to the appropriate congressional committees that 
the transfer of the precision guided munitions— 
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(1) does not affect the ability of the United 
States to maintain a sufficient supply of precision 
guided munitions; 
(2) does not harm the combat readiness of the 
United States or the ability of the United States to 
meet its commitment to allies for the transfer of 
such munitions; 
(3) is necessary for Israel to counter the threat 
of rockets in a timely fashion; and 
(4) is in the national security interest of the 
United States. 
SEC. 117. SENSE OF CONGRESS ON RAPID ACQUISITION 
AND DEPLOYMENT PROCEDURES. 
It is the sense of Congress that the President should 
prescribe procedures for the rapid acquisition and deploy-
ment of precision guided munitions for United States 
counterterrorism missions, or to assist an ally of the 
United States, including Israel, that is subject to direct 
missile threat. 
SEC. 118. ELIGIBILITY OF ISRAEL FOR THE STRATEGIC 
TRADE AUTHORIZATION EXCEPTION TO CER-
TAIN 
EXPORT 
CONTROL 
LICENSING 
RE-
QUIREMENTS. 
(a) FINDINGS.—Congress makes the following find-
ings: 
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