Modification of dollar amount thresholds relating to transfers of defense articles and defense services under the Arms Export Control Act

The Arms Export Control Act is amended as follows: (1) In section 3(d) (22 U.S.C. 2753(d))— (A) in paragraph (1)— (i) by striking $14,000,000 and inserting $23,000,000; and (ii) by striking $50,000,0000 and inserting $83,000,000; and (B) in paragraph (3)(A)— (i) by striking $14,000,000 and inserting $23,000,000; and (ii) by striking $50,000,0000 and inserting $83,000,000. (2) In section 36(b) (22 U.S.C. 2776(b))— (A) in paragraph (1)— (i) by striking $50,000,0000 and inserting $83,000,000; (ii) by striking $200,000,000 and inserting $332,000,000; and (iii) by striking $14,000,000 and inserting $23,000,000; (B) in paragraph (5)(C)— (i) by striking $14,000,000 and inserting $23,000,000; (ii) by striking $50,000,0000 and inserting $83,000,000; and (iii) by striking $200,000,000 and inserting $332,000,000; and (C) in paragraph (6)— (i) in subparagraph (A), by striking $25,000,000 and inserting $42,000,000; (ii) in subparagraph (B), by striking $100,000,0000 and inserting $166,000,000; and (iii) in subparagraph (C), by striking $300,000,000 and inserting $500,000,000. (3) In section 36(c) (22 U.S.C. 2776(c))— (A) in paragraph (1)— (i) by striking $14,000,000 and inserting $23,000,000; and (ii) by striking $50,000,0000 and inserting $83,000,000; and (B) in paragraph (5)— (i) in subparagraph (A), by striking $25,000,000 and inserting $42,000,000; and (ii) in subparagraph (B), by striking $100,000,0000 and inserting $166,000,000.