Weapons Resupply, Stockpile, and Assurance Act
Sponsored By: Senator Banks, Jim [R-IN]
Introduced
Summary
Pre-positioning U.S. war reserves in Taiwan. This bill would let the President transfer certain obsolete or surplus Department of Defense items to a stockpile in Taiwan to serve as a war reserve or to replenish local stocks.
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- Taiwan would get a local war reserve made up of humanitarian and medical supplies plus munitions. Eligible items include armor, artillery, automatic-weapons ammunition, missiles, and other surplus or obsolete DoD items.
- The Department of Defense could reduce inventory of obsolete or surplus items by transferring them into that Taiwanese stockpile for reserve purposes.
- The President must notify Congress at least 30 days before any transfer. The Secretary of State must report within one year and then annually on items transferred, concessions received, and delivery timelines. The Secretary may combine these reports with existing Taiwan Enhanced Resilience Act reporting.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Transfers of U.S. reserve weapons to Taiwan
If enacted, the bill would allow the President, notwithstanding section 514 of the Foreign Assistance Act of 1961 (22 U.S.C. 2321h), to transfer to Taiwan obsolete or surplus Department of Defense inventory intended as reserve stocks and located in a stockpile in Taiwan. Covered items would include humanitarian and medical supplies, armor, artillery, automatic weapons ammunition, missiles, and other munitions. The President would have to notify the Senate Committees on Foreign Relations and Armed Services and the House Committees on Foreign Affairs and Armed Services at least 30 days before each transfer and identify items and concessions. The Secretary of State would report to the appropriate congressional committees within one year after enactment and annually thereafter on each transfer, the concessions received, and delivery timelines; later reports could be combined with reporting under the Taiwan Enhanced Resilience Act. The bill states no appropriation or transfer value.
Sponsors & CoSponsors
Sponsor
Banks, Jim [R-IN]
IN • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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