Govwatch

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5595 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 5595

  To establish a War Reserve Stock Program for Taiwan, and for other 
                               purposes.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                           September 29, 2026

   Mr. Banks introduced the following bill; which was read twice and 
             referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 A BILL

 
  To establish a War Reserve Stock Program for Taiwan, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Weapons Resupply, Stockpile, and 
Assurance Act''.

SEC. 2. WAR RESERVE STOCK PROGRAM FOR TAIWAN.

    (a) In General.--Notwithstanding section 514 of the Foreign 
Assistance Act of 1961 (22 U.S.C. 2321h), the President may transfer to 
Taiwan any or all of the items described in subsection (b).
    (b) Items Described.--The items referred to in subsection (a) are 
humanitarian and medical supplies, armor, artillery, automatic weapons 
ammunition, missiles, and other munitions that--
            (1) are obsolete or surplus items;
            (2) are in the inventory of the Department of Defense;
            (3) are intended for use as reserve stocks for Taiwan; and
            (4) are located in a stockpile in Taiwan.
    (c) Congressional Notification.--Not later than 30 days before 
making a transfer under the authority of this section, the President 
shall transmit a notification of the proposed transfer to the Committee 
on Foreign Relations and the Committee on Armed Services of the Senate 
and the Committee on Foreign Affairs and the Committee on Armed 
Services of the House of Representatives. The notification shall 
identify the items to be transferred and the concessions to be 
received.
    (d) Report.--
            (1) In general.--Not later than one year after the date of 
        the enactment of this Act, and annually thereafter, the 
        Secretary of State shall submit a report to the appropriate 
        committees of Congress summarizing items included in each 
        transfer under this section, the concessions received, and 
        timelines for delivery.
            (2) Submission of subsequent reports.--After the submission 
        of the initial report under this subsection, the Secretary of 
        State may combine the submission of the subsequent reports with 
        the reporting requirements under the Taiwan Enhanced Resilience 
        Act (22 U.S.C. 3351 et seq.), as appropriate.
                                 <all>
Weapons Resupply, Stockpile, and Assurance Act

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