S.Amdt. 3170

SA 3170. Mr. WICKER (for himself and Mr. Risch) submitted an
amendment intended to be proposed by him to the bill S. 2296, to
authorize appropriations for fiscal year 2026 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:

At the end of subtitle C of title XII, add the following:

SEC. 1230B. ACCEPTANCE OF CONTRIBUTIONS FOR REPLENISHMENT OF
UNITED STATES MILITARY CAPABILITIES TRANSFERRED
TO UKRAINE.

(a) Acceptance Authority.--The President may accept from a
foreign government contributions of money made by foreign
governments for use by the Department of Defense in support
of replenishing United States military capabilities
transferred to the Government of Ukraine.
(b) Establishment of PEACE in Ukraine Account.--
(1) In general.--There is established in the Treasury of
the United States a special account to be known as the
``PEACE in Ukraine Account''.
(2) Crediting of contributions of money.--Contributions of
money accepted by the President under subsection (a) shall be
credited to the PEACE in Ukraine Account.
(3) Availability.--Amounts credited to the PEACE in Ukraine
Account shall remain available until expended.
(c) Use of PEACE in Ukraine Account.--
(1) In general.--Subject to paragraph (2), the President
may only use funds in the PEACE in Ukraine Account for--
(A) the replenishment of United States military equipment
transferred to Ukraine under the Presidential drawdown
authority set forth in section 506 of the Foreign Assistance
Act of 1961 (22 U.S.C. 2318) or any other authorized security
assistance program; and
(B) the manufacture or procurement of defense articles and
services for Ukraine.
(2) Plan.--Before the use of any funds in the PEACE in
Ukraine Account, the President shall submit to the Committee
on Armed Services and the Committee on Foreign Relations of
the Senate and the Committee on Armed Services and the
Committee on Foreign Affairs of the House of Representatives
a plan that includes--
(A) the amounts of funds in the PEACE in Ukraine Account;
and
(B) a description of the manner in which such funds will be
used, including specific amounts and purposes.
(d) Transfers of Funds.--
(1) In general.--In carrying out subsection (c), and
subject to paragraphs (2) and (5), the President may transfer
funds available in the PEACE in Ukraine Account to an account
or fund available to the Department of Defense.
(2) Availability for obligation.--Funds transferred under
this subsection shall be available for obligation for the
same time period and for the same purpose as the account or
fund to which transferred.
(3) Transfer back to account.--Upon a determination by the
President that all or part of the funds transferred from the
PEACE in Ukraine Account are not necessary for the purposes
for which such funds were transferred, and subject to
paragraph (5), all or such part of such funds shall be
transferred back to the PEACE in Ukraine Account.
(4) Notification and report.--
(A) Notification.--The President shall notify the Committee
on Armed Services and the Committee on Foreign Relations of
the Senate and the Committee on Armed Services and the
Committee on Foreign Affairs of the House of
Representatives--
(i) before the transfer of any funds under this subsection,
of--

(I) the amount of funds to be transferred; and
(II) the purpose of such funds; and

(ii) before the obligation of any funds transferred under
this subsection, of--

(I) the amount of funds to be obligated; and
(II) the purpose of the obligation.

(B) Annual report.--Not later than November 30 each year
until the date that is 1 year after the date on which all
funds transferred under this subsection have been fully
expended, the President shall submit to the Committee on
Armed Services and the Committee on Foreign Relations of the
Senate and the Committee on Armed Services and the Committee
on Foreign Affairs of the House of Representatives a report
that includes a detailed accounting of--
(i) the amount of funds transferred under this subsection
during the fiscal year preceding the fiscal year in which the
report is submitted;
(ii) the purposes for which such funds were used; and
(iii) the funds contributed to the account, disaggregated
by donor country, and a description of any caveats on the use
of such funds.
(e) Investment of Money.--
(1) Authorized investments.--The President may invest money
in the PEACE in Ukraine Account in securities of the United
States or in securities guaranteed as to principal and
interest by the United States for the purposes outlined in
this section.
(2) Interest and other income.--Any interest or other
income that accrues from investment in securities referred to
in paragraph (1) shall be deposited to the credit of the
PEACE in Ukraine Account.
(f) Relationship to Other Laws.--The authority to accept or
transfer funds under this section is in addition to any other
authority to accept or transfer funds.
(g) Authority To Enter Into Agreements.--The Secretary of
State is authorized to negotiate and enter into agreements
with foreign governments as appropriate to carry out this
section.
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