A bill to authorize the further suspension of prohibitions against Turkey, and for other purposes.

Revises the Foreign Assistance Act and the joint resolution of October 17, 1974, to remove the February 5, 1975, termination of the President's power to suspend the laws restricting military assistance to the Government of Turkey.

Requires the President to submit to Congress within thirty days after the enactment of this Act, and each thirty day period thereafter, a report on progress made toward a negotiated solution of the Cyprus conflict.