S.Amdt. 2854

1. Adds SEC. 13. PROHIBITION ON DIRECT OR INDIRECT USE OF FUNDS TO ENTER INTO CONTRACTS OR AGREEMENTS WITH ROSOBORONEXPORT after section 12

   Adds a section

   In S. 2124 · Placed on Calendar Senate

   (e) Subsidy Appropriation for the Export-Import Bank of the United States.--Of the unexpended balances available under the heading "Export and Investment Assistance, Export-Import Bank of the United States, Subsidy Appropriation" from prior Acts making appropriations for the Department of State, foreign operations, and related programs, $23,500,000 are rescinded.

   Inserted: SEC. 13. PROHIBITION ON DIRECT OR INDIRECT USE OF FUNDS TO ENTER INTO CONTRACTS OR AGREEMENTS WITH ROSOBORONEXPORT.

   Inserted: (a) Prohibition.--

   Inserted: (1) In general.--The head of an executive agency may not enter into a contract, memorandum of understanding, or cooperative agreement with, or make a grant to, or provide a loan or loan agreement to Rosoboronexport, any subsidiary or affiliate of Rosoboronexport, or any domestic or foreign entity that has a business relationship with Rosoboronexport or any subsidiary or affiliate of Rosoboronexport related to the design, manufacture, or sale of military equipment.

   Inserted: (2) Termination of existing contracts and agreements.--The head of each executive agency shall immediately terminate any contract, memorandum of understanding, cooperative agreement, loan, or loan agreement described in paragraph (1).

   Inserted: (b) Reprogramming Authority.--

   Inserted: (1) In general.--The President may reprogram funds appropriated or otherwise made available for Economic Support Fund assistance or security assistance for the government of a country that, on or after the date of the enactment of this Act, enters into a contract, memorandum of understanding, or cooperative agreement with, or makes a grant to, or provides a loan or loan agreement to Rosoboronexport, or any subsidiary or affiliate of Rosoboronexport, in an amount up to or equal to the total amount of each such contract, memorandum of understanding, cooperative agreement, loan, or loan agreement.

   Inserted: (2) Notification.--The President shall notify Congress not later than 15 days before reprogramming funds under paragraph (1).

   Inserted: (c) Executive Agency Defined.--In this section, the term "executive agency" has the meaning given the term in section 133 of title 41, United States Code.

   Original wording

   Insert after section 12 the following new section:

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As printed