S2018119th Congress

A bill to modify certain limitations and exclusions regarding defense articles and requirements regarding security assistance and sales with respect to the Republic of Cyprus.

Sponsored By: Senator Booker, Cory A. [D-NJ]

In Committee

Summary

Extends the allowed waiver period from one fiscal year to five fiscal years for transfers of defense articles on the U.S. Munitions List to the Republic of Cyprus. It would amend the Eastern Mediterranean Security and Energy Partnership Act of 2019 and a provision in the National Defense Authorization Act for Fiscal Year 2020 by replacing the phrase "one fiscal year" with "five fiscal years" in their waiver language, allowing those specific waivers to last up to five years instead of one.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Longer arms transfer waiver for Cyprus

If enacted, the bill would let U.S. agencies approve transfers of items on the United States Munitions List to the Republic of Cyprus for five fiscal years instead of one. The change would take effect upon enactment. It mainly affects the agencies that approve transfers, U.S. defense exporters and contractors, and Cyprus. It would not change taxes or give direct payments to households.

Sponsors & CoSponsors

Sponsor

Booker, Cory A. [D-NJ]

NJ • D

Cosponsors

  • Sen. Moran, Jerry [R-KS]

    KS • R

    Sponsored 6/10/2025

Roll Call Votes

No roll call votes available for this bill.

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