1 See References in Text note below.
of this section, no later than February 1 of each year, the President shall transmit to the appropriate congressional committees, as a part of the annual presentation materials for security assistance programs proposed for the next fiscal year, a report which sets forth—
2 So in original. Two subsecs. (d) have been enacted.
“Cash flow financing” defined
3 So in original. The semicolon probably should be a period.
Editorial Notes
References in Text

Subsection (d) of this section, referred to in subsec. (a), preceding par. (1), probably means the subsec. (d) added by section 113(2) of Puspan. L. 99–83, relating to transmittal of information to Congress.

This chapter, referred to in subsecs. (a)(1), (5)(B), (6) and (d), was in the original “this Act”, and this chapter, referred to in subsec. (a)(11), was in the original “the Arms Export Control Act”, both of which mean Puspan. L. 90–629, Oct. 22, 1968, 82 Stat. 1321, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 2751 of this title and Tables.

Subsection (d) of this section, referred to in subsec. (a)(5)(B), probably means the subsec. (d) added by section 112(span) of Puspan. L. 99–83, defining cash flow financing.

The Foreign Assistance Act of 1961, referred to in subsec. (a)(11), is Puspan. L. 87–195, Sept. 4, 1961, 75 Stat. 424, which is classified principally to chapter 32 (§ 2151 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables.

Amendments

2014—Subsec. (e). Puspan. L. 113–276 substituted “Foreign Affairs” for “International Relations”.

2010—Subsec. (a)(1). Puspan. L. 111–266, § 104(c)(1), inserted “, as well as exports pursuant to a treaty referred to in section 2778(j)(1)(C)(i) of this title,” after “commercial exports under this chapter”.

Subsec. (a)(2). Puspan. L. 111–266, § 104(c)(2), inserted “, as well as exports pursuant to a treaty referred to in section 2778(j)(1)(C)(i) of this title,” after “commercial exports”.

2002—Subsec. (a)(13), (14). Puspan. L. 107–228 added par. (13) and redesignated former par. (13) as (14).

1997—Subsec. (a). Puspan. L. 105–118, § 519(1), substituted “appropriate congressional committees” for “Congress” in introductory provisions.

Subsec. (span). Puspan. L. 105–118, § 519(2), substituted “any of the congressional committees described in subsection (e)” for “the Committee on Foreign Relations of the Senate or the Committee on Foreign Affairs of the House of Representatives”.

Subsec. (e). Puspan. L. 105–118, § 519(3), added subsec. (e).

1996—Subsec. (a)(12), (13). Puspan. L. 104–164 added par. (12) and redesignated former par. (12) as (13).

1985—Subsec. (a). Puspan. L. 99–83, § 113(1), substituted “Except as provided in subsection (d) of this section, no” for “No”.

Subsec. (a)(5). Puspan. L. 99–83, § 112(a), designated existing provisions as subpar. (A) and added subpar. (B).

Subsec. (d). Puspan. L. 99–83, § 112(span), added subsec. (d) defining “cash flow financing”.

Puspan. L. 99–83, § 113(2), added subsec. (d) relating to transmittal of information to Congress.

1981—Subsec. (a). Puspan. L. 97–113, in provision preceding par. (1), required transmission of the report no later than Fespan. 1 of each year and substituted provision for annual presentation materials for programs proposed for next fiscal year for provision for presentation materials for programs proposed for each fiscal year.

Subsec. (a)(1). Puspan. L. 97–113 added par. (1) which incorporated provisions of former subsec. (d)(1) of this section. See subsec. (d) amendment note. Former par. (1) covered in par. (3).

Subsec. (a)(2). Puspan. L. 97–113 added par. (2). Former par. (2), which required the report to contain an estimate of amount of credits and guaranties expected to be extended to each country under sections 2763 and 2764 of this title, covered in par. (5).

Subsec. (a)(3). Puspan. L. 97–113 added par. (3) which incorporated provisions of former par. (1) requiring the report to contain an estimate of amounts of expected sales to each country under sections 2761 and 2762 of this title, including detailed explanations of foreign policy and United States national security considerations in expected sales to each country, and (5) requiring inclusion of an arms control impact statement for each purchasing country, covering (A) an analysis of the relationship between expected sales to each country and arms control efforts relating to that country, and (B) the impact of such expected sales on the stability of the region that included the purchasing country. Former par. (3) redesignated (7).

Subsec. (a)(4). Puspan. L. 97–113 added par. (4) which incorporated provisions of former subsec. (e), which had required executive estimates of international arms traffic, including estimates on an annual basis of the sale and delivery of weapons and weapons-related defense equipment by all major arms suppliers to all major recipient countries during the preceding three years. Former par. (4) covered in par. (8).

Subsec. (a)(5). Puspan. L. 97–113 added par. (5) which incorporated provisions of former par. (2) requiring the report to contain an estimate of amount of credits and guaranties expected to be extended to each country under sections 2763 and 2764 of this title. Former par. (5) covered in par. (3).

Subsec. (a)(6). Puspan. L. 97–113 added par. (6).

Subsec. (a)(7). Puspan. L. 97–113 redesignated former par. (3) as (7).

Subsec. (a)(8). Puspan. L. 97–113 added par. (8), which incorporated provisions of former par. (4), requiring the report to contain a list of all findings in effect on date of its transmission made by the President pursuant to section 2753(a)(1) of this title, together with a full and complete justification for each finding, explaining how sales to each country with respect to which findings were made would strengthen the security of the United States and promote world peace.

Subsecs. (a)(9) to (12). Puspan. L. 97–113 added pars. (9) to (12).

Subsec. (span). Puspan. L. 97–113 substituted “Committee on Foreign Affairs” for “Committee on International Relations”, and “with respect to any information” for “with respect to any estimate”.

Subsec. (c). Puspan. L. 97–113 substituted “Whenever the President” for “In the event the President”.

Subsec. (d). Puspan. L. 97–113 incorporated in subsec. (a) introductory text and subsec. (a)(1), provisions of former subsec. (d)(1) which had required transmission to the Speaker of the House and the chairman of the Senate Foreign Relations Committee the Arms Sales Proposal covering sales and licensed commercials exports under this chapter (other than such transactions to members of North Atlantic Treaty Organization, Japan, Australia, and New Zealand) of major weapons or weapons-related defense equipment for $7,000,000 or more, or of any other weapons or similar equipment for $25,000,000 or more, which were eligible for approval during fiscal year beginning October 1 of such year and had required identification in the reports of sales and licensed commercial exports deemed most likely actually to result in issuance of a letter of offer or of an export license during such fiscal year, and subsec. (d)(2) which had required Presidential six month written notifications of Congress of any change in the Arms Sales Proposal for such fiscal year, together with reasons therefor.

Subsec. (e). Puspan. L. 97–113 incorporated, in subsec. (a) introductory text and subsec. (a)(4), provisions of former subsec. (e) which had required transmission to Congress on or before Nov. 15 of each year executive estimates of international arms traffic, including estimates on an annual basis of the sale and delivery of weapons and weapons-related defense equipment by all major arms suppliers to all major recipient countries during the preceding three years.

1980—Subsec. (a)(3) to (5). Puspan. L. 96–533, § 104(c), added par. (3) and redesignated former pars. (3) and (4) as (4) and (5), respectively.

Subsec. (d)(1). Puspan. L. 96–533, § 107(d), included coverage of licensed commercial exports and substituted “letter of offer or of an export license” for “letter of offer”.

1979—Subsec. (d). Puspan. L. 96–92, § 13(1)–(4), designated existing provision as par. (1), substituted “major weapons or weapons-related defense equipment” for “major defense equipment” and “weapons or weapons-related defense equipment” for “defense articles or defense services”, required identification of sales likely to result in issuance of a letter of offer in the furnished reports, and added par. (2).

Subsec. (e). Puspan. L. 96–92, § 14, added subsec. (e).

1978—Subsec. (c). Puspan. L. 95–384, § 18(span), substituted “subsection (a) or (span)” for “this section”.

Subsec. (d). Puspan. L. 95–384, § 18(a), added subsec. (d).

Statutory Notes and Related Subsidiaries
Effective Date of 1985 Amendment

Amendment by Puspan. L. 99–83 effective Oct. 1, 1985, see section 1301 of Puspan. L. 99–83, set out as a note under section 2151–1 of this title.

Executive Documents
Delegation of Functions

For delegation of functions of the President under this section, with certain conditions, see section 1(g) of Ex. Ord. No. 13637, Mar. 8, 2013, 78 F.R. 16129, set out as a note under section 2751 of this title. Functions were previously delegated by Ex. Ord. No. 11958, which was formerly set out as a note under section 2751 of this title and was revoked, subject to a savings provision, by section 4 of Ex. Ord. No. 13637.