[Congressional Record Volume 169, Number 123 (Tuesday, July 18, 2023)]
[Senate]
[Page S3016]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 838. Mr. HAWLEY (for himself and Mr. Vance) submitted an amendment 
intended to be proposed by him to the bill S. 2226, to authorize 
appropriations for fiscal year 2024 for military activities of the 
Department of Defense, for military construction, and for defense 
activities of the Department of Energy, to prescribe military personnel 
strengths for such fiscal year, and for other purposes; which was 
ordered to lie on the table; as follows:

       At the end of subtitle G of title XII, add the following:

     SEC. 1299L. CLARIFICATION OF THE TERM ``AGGREGATE VALUE'' FOR 
                   PURPOSES OF PRESIDENTIAL DRAWDOWN AUTHORITY.

       The Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.) 
     is amended--
       (1) in section 506(a)(1) (22 U.S.C. 2318(a)(1)), in the 
     undesignated matter following subparagraph (B), by inserting 
     after ``fiscal year.'' the following: ``For purposes of this 
     paragraph, the term `aggregate value' means--
       ``(A) in the case of defense articles, the greater of--
       ``(i) the original acquisition cost to the United States 
     Government, plus the cost of improvements or other 
     modifications made by or on behalf of the Government; or
       ``(ii) the replacement cost; and
       ``(B) in the case of defense services, the full cost to the 
     Government of providing the services.''; and
       (2) in section 644(m)(2) (22 U.S.C. 2403(m)(2)), by 
     inserting ``except as provided in section 506(a)(1),'' before 
     ``with respect to''.
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