S. 1683, a bill to provide for the transfer of naval vessels to certain foreign recipients, and for other purposes

S. 1683

A bill to provide for the transfer of naval vessels to certain foreign recipients, and for other purposes

Sponsor
Sen. Robert Menendez

Date
December 10, 2014 (113th Congress, 2nd Session)

Staff Contact
Communications

Floor Situation

On Wednesday, December 10, 2014, the House will consider S. 1683, a bill to provide for the transfer of naval vessels to certain foreign recipients, and for other purposes, under a suspension of the rules. S. 1683 was introduced by Senator Robert Menendez (D-NJ) on November 12, 2013. The House companion, H.R. 3470, introduced by House Foreign Affairs Committee Chairman Ed Royce (R-CA), passed the House by voice vote on April 7, 2014.

Bill Summary

S. 1683 authorizes the transfer by grant of two Oliver Hazard Perry class frigates to Mexico and the transfer by sale of four such frigates to Taiwan. It also amends the Arms Export Control Act (AECA) to enhance Congressional oversight over U.S. conventional arms sale policy, makes technical amendments to update certain notification and reporting requirements, and clarifies that certain business confidentiality provisions of the Export Administration Act (EAA) continue to protect information related to export licensing. The Senate text eliminates H.R. 3470’s language relating to the Taiwan Relations Act, but essentially maintains the substantive text on naval transfers and technical amendments to the AECA and EAA.

Cost

CBO estimates that the bill will reduce direct spending by $40 million over the 2015-2024 period, and that any reporting-related discretionary costs would be less than $500,000.[1]

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[1] http://www.cbo.gov/sites/default/files/cbofiles/attachments/s1683_1.pdf

Additional Information

For questions or further information contact the GOP Conference at 5-5107.