(1) The turmoil in the Middle East poses a se-
rious threat to United States national security inter-
ests and requires cooperation with allies that are 
willing to work with the United States in pursuit of 
shared objectives. 
(2) The October 31, 1998, Memorandum of 
Agreement signed by President Clinton and Prime 
Minister Netanyahu commits the United States to 
working jointly with Israel towards enhancing 
Israel’s defensive and deterrent capabilities and up-
grading the framework of the United States-Israel 
strategic and military relationships, as well as the 
technological cooperation between both countries. 
(3) On August 16, 2007, the United States and 
Israel signed a Memorandum of Understanding re-
affirming United States commitment to the security 
of Israel and establishing a 10-year framework for 
incremental increases in United States military as-
sistance to Israel. 
(4) The Memorandum of Understanding signed 
two years later on January 16, 2009 reaffirmed the 
United States commitment and noted ‘‘the security, 
military and intelligence cooperation between the 
United States and Israel’’. 
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(5) The United States and Israel conduct a 
semi-annual Strategic Dialogue. The Department of 
State, in a statement following the July 12, 2012, 
meeting of the Strategic Dialogue, noted that the 
discussions focused on such issues of mutual concern 
as ‘‘Iran’s continued quest to develop nuclear weap-
ons, which the United States and Israel are both de-
termined to prevent’’ and ‘‘how the continued vio-
lence of the Syrian regime against its citizens [as-
sisted by Iran and Hezbollah] could also lead to se-
vere consequences for the entire region’’. 
SEC. 3. DECLARATION OF POLICY. 
Congress declares that Israel is a major strategic 
partner of the United States. 
SEC. 4. AMENDMENTS TO THE UNITED STATES-ISRAEL EN-
HANCED SECURITY COOPERATION ACT OF 
2012. 
(a) UNITED STATES ACTIONS TO ASSIST IN THE DE-
FENSE OF ISRAEL AND PROTECT UNITED STATES INTER-
ESTS.—Section 4 of the United States-Israel Enhanced 
Security Cooperation Act of 2012 (Public Law 112–150; 
22 U.S.C. 8603) is amended— 
(1) by striking ‘‘It is the sense of Congress that 
the United States Government should’’ and inserting 
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‘‘(a) IN GENERAL.—The President should, to the 
maximum extent practicable,’’; and 
(2) by adding at the end the following: 
‘‘(b) REPORT.—Not later than 180 days after the 
date of the enactment of this subsection, the President 
shall submit to Congress a report on the implementation 
of this section.’’. 
(b) EXTENSION OF WAR RESERVES STOCKPILE AU-
THORITY.—Section 5(a) of the United States-Israel En-
hanced Security Cooperation Act of 2012 (Public Law 
112–150) is amended to read as follows: 
‘‘(a) EXTENSION OF WAR RESERVES STOCKPILE AU-
THORITY.— 
‘‘(1) DEPARTMENT
OF
DEFENSE
APPROPRIA-
TIONS ACT, 2005.—Section 12001(d) of the Depart-
ment of Defense Appropriations Act, 2005 (Public 
Law 108–287; 118 Stat. 1011), is amended by strik-
ing ‘more than 10 years after’ and inserting ‘more 
than 11 years after’. 
‘‘(2) FOREIGN ASSISTANCE ACT OF 1961.—Sec-
tion 514(b)(2)(A) of the Foreign Assistance Act of 
1961 (22 U.S.C. 2321h(b)(2)(A)) is amended by 
striking ‘and 2014’ and inserting ‘, 2014, and 
2015’.’’. 
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SEC. 5. AUTHORIZATION OF ASSISTANCE FOR ISRAEL. 
(a) FINDING.—Congress finds that Israel has adopt-
ed high standards in the field of export controls, including 
by becoming adherent to the Australia Group, the Missile 
Technology Control Regime, the Nuclear Suppliers Group, 
and the Wassenaar Arrangement, and by enacting robust 
legislation and regulations for the control of dual-use and 
defense items. 
(b) EXPEDITED
LICENSING
PROCEDURES.—The 
President should include Israel on the list of destinations 
described in paragraph (c)(1) of section 740.20 of title 15, 
Code of Federal Regulations (relating to License Excep-
tion Strategic Trade Authorization). 
(c) OVERSEAS
PRIVATE
INVESTMENT
CORPORA-
TION.—In carrying out its authorities under title IV of 
chapter 2 of part I of the Foreign Assistance Act of 1961 
(22 U.S.C. 2191 et seq.), the Overseas Private Investment 
Corporation should consider giving preference to providing 
insurance, financing, or reinsurance for energy and water 
projects in Israel. 
(d) ENERGY, WATER, HOMELAND SECURITY, AGRI-
CULTURE, AND ALTERNATIVE FUEL TECHNOLOGIES.— 
(1) IN GENERAL.—The President is authorized 
to carry out United States-Israel cooperative activi-
ties and to provide assistance promoting cooperation 
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in the fields of energy, water, homeland security, ag-
riculture, and alternative fuel technologies. 
(2) REQUIREMENTS.—In carrying out para-
graph (1), the President is authorized to share and 
exchange with Israel research, technology, intel-
ligence, information, equipment, and personnel that 
the President determines will advance the national 
security interests of the United States and is con-
sistent with the Strategic Dialogue and pertinent 
provisions of law— 
(A) by enhancing scientific cooperation be-
tween Israel and the United States; or 
(B) by the sale, lease, exchange in kind, or 
other techniques the President determines to be 
suitable. 
SEC. 6. EXTENSION OF EXISTING AUTHORIZATION OF 
UNITED STATES-ISRAEL ENERGY COOPERA-
TION. 
Section 917(c) of the Energy Independence and Secu-
rity Act of 2007 (42 U.S.C. 17337(c)) is amended by 
striking ‘‘7 years’’ and inserting ‘‘17 years’’. 
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