[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2646 Referred in Senate (RFS)]

<DOC>
115th CONGRESS
  2d Session
                                H. R. 2646


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            February 6, 2018

Received; read twice and referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 AN ACT


 
  To reauthorize the United States-Jordan Defense Cooperation Act of 
                     2015, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``United States-Jordan Defense 
Cooperation Extension Act''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) In December 2011, Congress passed section 7041(b) of 
        the Consolidated Appropriations Act, 2012 (Public Law 112-74; 
        125 Stat. 1223), which appropriated funds made available under 
        the heading ``Economic Support Fund'' to establish an 
        enterprise fund for Jordan.
            (2) The intent of an enterprise fund is to attract private 
        investment to help entrepreneurs and small businesses create 
        jobs and to achieve sustainable economic development.
            (3) Jordan is an instrumental partner in the fight against 
        terrorism, including as a member of the Global Coalition To 
        Counter ISIS and the Combined Joint Task Force - Operation 
        Inherent Resolve.
            (4) In 2014, His Majesty King Abdullah stated that 
        ``Jordanians and Americans have been standing shoulder to 
        shoulder against extremism for many years, but to a new level 
        with this coalition against ISIL''.
            (5) On February 3, 2015, the United States signed a 3-year 
        memorandum of understanding with Jordan, pledging to provide 
        the kingdom with $1 billion annually in United States foreign 
        assistance, subject to the approval of Congress.

SEC. 3. SENSE OF CONGRESS.

    It is the sense of Congress that--
            (1) Jordan plays a critical role in responding to the 
        overwhelming humanitarian needs created by the conflict in 
        Syria;
            (2) Jordan, the United States, and other partners should 
        continue working together to address this humanitarian crisis 
        and promote regional stability, including through support for 
        refugees in Jordan and internally displaced people along the 
        Jordan-Syria border and the creation of conditions inside Syria 
        that will allow for the secure, dignified, and voluntary return 
        of people displaced by the crisis; and
            (3) the Governments of the United States and Jordan should 
        negotiate a new Memorandum of Understanding, for fiscal years 
        2018 through 2022, to significantly enhance Jordan's military 
        capacity and local economy.

SEC. 4. REAUTHORIZATION OF UNITED STATES-JORDAN DEFENSE COOPERATION ACT 
              OF 2015.

    Section 5(a) of the United States-Jordan Defense Cooperation Act of 
2015 (22 U.S.C. 2753 note) is amended--
            (1) by striking ``During the 3-year period'' and inserting 
        ``During the period''; and
            (2) by inserting ``and ending on December 31, 2022'' after 
        ``enactment of this Act''.

SEC. 5. ESTABLISHMENT OF ENTERPRISE FUND FOR JORDAN.

    (a) Establishment of Jordan Enterprise Fund.--The President is 
authorized to establish and operate an enterprise fund to provide 
assistance to Jordan.
    (b) Procedures and Requirements.--The provisions contained in 
section 201 of the Support for East European Democracy (SEED) Act of 
1989 (22 U.S.C. 5421), excluding the provisions of subsections (a), 
(b), (c), (d)(3), (f), and (j) of that section, shall be deemed to 
apply with respect to the Jordan Enterprise Fund and to funds made 
available to the enterprise fund in the same manner and to the same 
extent as such provisions apply with respect to enterprise funds 
established pursuant to such section or to funds made available to such 
established enterprise funds.
    (c) Operation of Fund.--
            (1) Expenditures.--Funds made available to the Jordan 
        Enterprise Fund shall be expended at the minimum rate necessary 
        to make timely payments for projects and activities.
            (2) Administrative expenses.--Not more than 3 percent of 
        the funds made available to the Jordan Enterprise Fund may be 
        obligated or expended for the administrative expenses of the 
        enterprise fund.
    (d) Board of Directors.--
            (1) In general.--The Jordan Enterprise Fund shall be 
        governed by a Board of Directors comprised of private citizens 
        of the United States or Jordan, who--
                    (A) shall be appointed by the President, in 
                consultation with the chair and ranking member of each 
                of the appropriate congressional committees; and
                    (B) have pursued international business careers and 
                have demonstrated expertise in international and 
                emerging market investment activities.
            (2) Majority member requirement.--The majority of the 
        members of the Board of Directors shall be United States 
        citizens.
    (e) Reports.--Not later than 1 year after the date of the enactment 
of this Act, and annually thereafter until the Jordan Enterprise Fund 
terminates in accordance with subsection (g), the Board of Directors 
shall--
            (1) submit to the appropriate congressional committees a 
        report detailing the administrative expenses of the enterprise 
        fund; and
            (2) publish, on an Internet website administered by the 
        enterprise fund, each report submitted pursuant to subsection 
        (b) in accordance with section 201(p) of the Support for East 
        European Democracy (SEED) Act of 1989 (22 U.S.C. 5421(p)).
    (f) Liquidation.--Any funds resulting from any liquidation, 
dissolution, or winding up of the Jordan Enterprise Fund, in whole or 
in part, shall be returned to the Treasury.
    (g) Termination.--The authority of the Jordan Enterprise Fund to 
provide assistance shall terminate on the earlier of--
            (1) the date that is 7 years after the date of the first 
        expenditure of amounts in accordance with subsection (c)(1); or
            (2) the date on which the enterprise fund is liquidated in 
        accordance with subsection (f).
    (h) Appropriate Congressional Committees.--In this section, the 
term ``appropriate congressional committees'' means--
            (1) the Committee on Foreign Affairs and the Committee on 
        Appropriations of the House of Representatives; and
            (2) the Committee on Foreign Relations and the Committee on 
        Appropriations of the Senate.

            Passed the House of Representatives February 5, 2018.

            Attest:

                                                 KAREN L. HAAS,

                                                                 Clerk.