A bill to require a report regarding proposed sales to countries of the Persian Gulf and the Arabian Peninsula of defense articles pursuant to section 36(b)(1) of the Arms Export Control Act.

Directs the President, for each proposed sale of defense articles to a Persian Gulf or Arabian Peninsula country for which a certain numbered certification is required (for sales exceeding specified amounts) under the Arms Export Control Act, to report to the Senate Foreign Relations Committee and the House Foreign Affairs Committee on: (1) the military balance in such region; (2) the legitimate defensive requirements of each country situated on the Arabian Peninsula; (3) how such sale would fit into multilateral efforts to control arms on a regional basis and would affect efforts to secure bilateral security agreements; and (4) the weapons and munitions inventories of the proposed purchasing country before Operations Desert Shield and Desert Storm, the quantity of weapons and munitions expended by that country during such Operations, and the need of the country to replenish expended weapons and munitions, to the extent that any proposed sale is justified on grounds that such transfer would be a replenishment of expended weapons and munitions.