Page:United States Statutes at Large Volume 122.djvu/4867

This page needs to be proofread.

12 2 STA T .48 44 PUBLIC LA W 11 0– 42 9—O CT. 1 5, 2008 oftheArmsExp ort C o n tro l A c t ,a sa d ded by s u bsect i on ( d ) of this section .SEC.20 2. IMPL EME NTA TI O NO F MEMO R AN DU M OF UNDERSTANDIN GW IT H ISRAEL. (a) INGE NE RAL . —O f the amount made a v ailable for fiscal year 20 0 9 for assistance under the pro g ram authori z ed by section 2 3 of the Arms Export Control Act (22 U . S .C. 2 76 3) (commonly referred to as the ‘ ‘ F oreign M ilitary Financing P rogram ’ ’), the amount speci - fied in subsection (b) is authorized to be made available on a grant basis for Israel. (b) C OMPUT AT I ONO F AMOUNT.— T he amount referred to in sub- section (a) is the amount e q ual to— ( 1 ) the amount specified under the heading ‘‘Foreign Mili- tary Financing Program’’ for Israel for fiscal year 200 8; plus (2) $ 1 5 0,000,000. (c) OT H ER AUTHORITIE S .— (1) A V AILA B ILIT Y OF FUN D S FOR ADVAN C ED W EAPONS SYS- TEMS.—To the extent the Government of Israel requests the United States to provide assistance for fiscal year 2009 for the procurement of advanced w eapons systems, amounts authorized to be made available for Israel under this section shall, as agreed to by Israel and the United States, be available for such purposes, of which not less than $670,650,000 shall be available for the procurement in Israel of defense articles and defense services, including research and development. (2) D ISBURSEMENT OF FUNDS.—Amounts authorized to be made available for Israel under this section shall be disbursed not later than 30 days after the date of the enactment of an Act ma k ing appropriations for the Department of State, foreign operations, and related programs for fiscal year 2009, or October 31, 2008, whichever occurs later. SEC. 20 3 . SECURIT Y COOPERATION WITH THE REPU B LIC OF K OREA. (a) FINDIN G S.—Congress makes the following findings

(1) Close and continuing defense cooperation between the United States and the R epublic of K orea continues to be in the national security interest of the United States. (2) The Republic of Korea was designated a ma j or non- N ATO ally in 1987, the first such designation. (3) The Republic of Korea has been a major purchaser of United States defense articles and services through the For- eign Military Sales (FMS) program, totaling $6,900,000,000 in deliveries over the last 10 years. ( 4 ) Purchases of United States defense articles, services, and major defense equipment facilitate and increase the inter- operability of Republic of Korea military forces with the United States Armed Forces. (5) Congress has previously enacted important, special defense cooperation arrangements for the Republic of Korea, as in the Act entitled ‘‘An Act to authorize the transfer of items in the W ar Reserves Stockpile for Allies, Korea’’, approved December 30, 2005 (Public L aw 109 – 159; 119 Stat. 2955), which authorized the President, notwithstanding section 514 of the Foreign Assistance Act of 1961 (22 U.S.C. 2321h), to transfer to the Republic of Korea certain defense items to be included in a war reserve stockpile for that country. 2 2 USC 2 753note.D e adli ne.