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Defense Readiness Fund: Weapons and Infrastructure for Indo-Pacific

This bill establishes a new fund to strengthen US defense capabilities in the Indo-Pacific region. It reallocates unused Department of Defense funds for this purpose. The aim is to boost weapons production and improve military infrastructure, potentially impacting national security and regional stability.
Key points
A new fund (FIRES Fund) is established, financed by unused Department of Defense funds, for defense purposes.
Money from the fund will be used for munitions production, military facility construction, and air and naval infrastructure in the Indo-Pacific region.
At least 10% of the funds will go towards contracts with small and medium-sized businesses and non-traditional defense contractors, potentially creating new business opportunities.
Control and reporting mechanisms for expenditures are introduced to ensure transparency in fund utilization.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_5753
Sponsor: Rep. Gallagher, Mike [R-WI-8]
Process start date: 2023-09-27
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To reactivate and repurpose canceling funds to deter the Chinese Communist Party before such funds are extracted from the Department of Defense on October 1, 2023.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_5753.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-09-27.

What are the main provisions?

Key points include:

  • A new fund (FIRES Fund) is established, financed by unused Department of Defense funds, for defense purposes.
  • Money from the fund will be used for munitions production, military facility construction, and air and naval infrastructure in the Indo-Pacific region.
  • At least 10% of the funds will go towards contracts with small and medium-sized businesses and non-traditional defense contractors, potentially creating new business opportunities.
  • Control and reporting mechanisms for expenditures are introduced to ensure transparency in fund utilization.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Gallagher, Mike [R-WI-8].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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Security Public Investments Economy