Taiwan Democracy Defense Lend-Lease Act of 2023

Senate Bill 770 - Taiwan Democracy Defense Lend-Lease Act of 2023: Overview, Status, and Impact

Hozzl · 2023-12-15T16:06:31Z

Explore the details of Senate Bill 770 Taiwan Democracy Defense Lend-Lease Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on International Affairs. Stay informed on legislative developments.

12/15/2023, 4:06 PM

Congressional Summary of S 770

Taiwan Democracy Defense Lend-Lease Act of 2023

This bill authorizes the President to lend or lease defense articles to Taiwan for protection against potential Chinese military aggression and requires the President to establish expedited procedures for delivering loaned or leased defense articles to Taiwan. The bill also authorizes the President to finance Taiwan's procurement of certain services in connection with the loan or lease of a defense article, provided Taiwan repays the United States within 12 years.

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Current Status of Bill S 770

Bill S 770 is currently in the status of Bill Introduced since March 9, 2023. Bill S 770 was introduced during Congress 118 and was introduced to the Senate on March 9, 2023. Bill S 770's most recent activity was Read twice and referred to the Committee on Foreign Relations. as of March 9, 2023