To amend the Arms Export Control Act to modify certification and report requirements relating to sales of major defense equipment with respect to which nonrecurring costs of research, development, and production are waived or reduced under the Arms Export Control Act, and for other purposes.
Return Expenses Paid and Yielded Act or the REPAY Act
This bill modifies certification and reporting requirements relating to certain sales of major defense equipment. It requires a review and report on options for expansion of the use of administrative surcharges under the foreign military sales program, monitoring on the performance of such program, and a report and briefing for determining the future-year needs for administrative surcharges under such program.
Introduced in House
Introduced in House
Referred to the House Committee on Foreign Affairs.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line