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Extension of Defense Lend-Lease Authority for Ukraine until Fiscal Year 2026.

This Act extends the authority to lend and lease defense articles to Ukraine and affected Eastern European countries until fiscal year 2026. This signifies continued U.S. commitment to regional security, impacting federal spending and foreign policy. It also mandates the Secretary of Defense to report to Congress on the loaned equipment and the strategy for its recovery.
Key points
The Lend-Lease authority for providing defense articles to Ukraine is extended from fiscal years 2022 and 2023 to cover fiscal years 2022 through 2026.
The Secretary of Defense must submit a report to Congress within 90 days of using this authority, detailing the loaned equipment and the timeline for its recovery and return.
This modification formalizes long-term U.S. military aid, affecting federal expenditures and international relations.
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Additional Information
Print number: 118_S_4179
Sponsor: Sen. Cornyn, John [R-TX]
Process start date: 2024-04-18