[Congressional Record Volume 172, Number 106 (Wednesday, June 24, 2026)]
[Senate]
[Page S3614]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 6495. Mrs. SHAHEEN submitted an amendment intended to be proposed 
by her to the bill S. 4784, to authorize appropriations for fiscal year 
2027 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 appropriate place in title XII, insert the 
     following:

     SEC. 12__. AUTHORIZATION FOR DIRECT LOANS AND LOAN GUARANTEES 
                   FOR UKRAINE F-16 FIGHTER JETS.

       (a) Authorization.--The Secretary of State is authorized to 
     provide to Ukraine direct loans or loan guarantees for the 
     purpose of financing the procurement of not fewer than 24 new 
     F-16 fighter aircraft and related defense services pursuant 
     to section 23 of the Arms Export Control Act (22 U.S.C. 
     2763).
       (b) Loan Rate and Repayment Authority.--The Secretary of 
     State is authorized to establish the rate of interest, 
     repayment schedule, and repayment terms applicable to direct 
     loans authorized under subsection (a).
       (c) Conditions and Limitations.--Except as authorized in 
     subsection (b), any direct loan or loan guarantee authorized 
     under subsection (a) shall be subject to--
       (1) the terms, conditions, eligibility requirements, and 
     limitations set forth in section 23 of the Arms Export 
     Control Act (22 U.S.C. 2763);
       (2) such additional terms and conditions as the Secretary 
     of State may prescribe; and
       (3) the availability of funds appropriated by Congress for 
     purposes of this section.
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