
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC2796b]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
                     CHAPTER 39--ARMS EXPORT CONTROL
 
    SUBCHAPTER VI--LEASES OF DEFENSE ARTICLES AND LOAN AUTHORITY FOR 
              COOPERATIVE RESEARCH AND DEVELOPMENT PURPOSES
 
Sec. 2796b. Legislative review procedures


(a) Applicability

    In the case of any agreement involving the lease under this 
subchapter, or the loan under chapter 2 of part II of the Foreign 
Assistance Act of 1961 [22 U.S.C. 2311 et seq.], to any foreign country 
or international organization for a period of one year or longer of any 
defense articles which are either (i) major defense equipment valued (in 
terms of its replacement cost less any depreciation in its value) at 
$14,000,000 or more, or (ii) defense articles valued (in terms of their 
replacement cost less any depreciation in their value) at $50,000,000 or 
more, the agreement may not be entered into or renewed if the Congress, 
within the 15-day or 30-day period specified in section 2796a(c)(1) or 
(2) of this title, as the case may be, enacts a joint resolution 
prohibiting the proposed lease or loan.

(b) Consideration of resolution

    Any joint resolution under subsection (a) of this section shall be 
considered in the Senate in accordance with the provisions of section 
601(b) of the International Security Assistance and Arms Export Control 
Act of 1976.

(c) Highly privileged nature of resolution

    For the purpose of expediting the consideration and enactment of 
joint resolutions under subsection (a) of this section, a motion to 
proceed to the consideration of any such joint resolution after it has 
been reported by the appropriate committee shall be treated as highly 
privileged in the House of Representatives.

(Pub. L. 90-629, ch. 6, Sec. 63, as added Pub. L. 97-113, title I, 
Sec. 109(a), Dec. 29, 1981, 95 Stat. 1525; amended Pub. L. 99-247, 
Sec. 1(d), Feb. 12, 1986, 100 Stat. 9; Pub. L. 104-164, title I, 
Sec. 141(e)(2), July 21, 1996, 110 Stat. 1433.)

                       References in Text

    The Foreign Assistance Act of 1961, referred to in subsec. (a), is 
Pub. L. 87-195, Sept. 4, 1961, 75 Stat. 424, as amended. Chapter 2 of 
part II of that Act is classified generally to part II (Sec. 2311 et 
seq.) of subchapter II of this chapter. For complete classification of 
this Act to the Code, see Short Title note set out under section 2151 of 
this title and Tables.
    Section 601(b) of the International Security Assistance and Arms 
Export Control Act of 1976, referred to in subsec. (b), is section 
601(b) of Pub. L. 94-329, June 30, 1976, 90 Stat. 765, which made 
provision for expedited procedures in the Senate, and was not classified 
to the Code.


                               Amendments

    1996--Subsec. (a). Pub. L. 104-164 redesignated par. (1) as entire 
subsec. (a), substituted ``the 15-day or 30-day period specified in 
section 2796a(c)(1) or (2) of this title, as the case may be'' for ``30 
calendar days after receiving the certification with respect to that 
proposed agreement pursuant to section 2796a(a) of this title'', and 
struck out par. (2) which read as follows: ``This section shall not 
apply with respect to a loan or lease to the North Atlantic Treaty 
Organization, any member country of that Organization, Japan, Australia, 
or New Zealand.''
    1986--Subsec. (a)(1). Pub. L. 99-247, Sec. 1(d)(1), substituted 
``enacts a joint resolution prohibiting'' for ``adopts a concurrent 
resolution stating that it objects to''.
    Subsec. (b). Pub. L. 99-247, Sec. 1(d)(2), inserted ``joint'' before 
``resolution''.
    Subsec. (c). Pub. L. 99-247, Sec. 1(d)(3), substituted ``enactment 
of joint resolutions'' for ``adoption of concurrent resolutions'' and 
``such joint resolution'' for ``such resolution''.


                    Effective Date of 1996 Amendment

    Amendment by Pub. L. 104-164 applicable with respect to 
certifications required to be submitted on or after July 21, 1996, see 
section 141(f) of Pub. L. 104-164, set out as a note under section 2753 
of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 2796a of this title.
