A bill to amend the Foreign Military Sales Act to require congressional approval for any sale, credit sale, or guaranty involving a major weapons system or major defense service, and to require congressional approval of the total amount of sales, credit sales, and guaranties made to any country or international organization and authorizing the President to revise the price and delivery of the export of military equipment.

Summary

Requires, under the Foreign Military Sales Act, that the President transmit to the Congress a statement explaining sales, credit sales, or guaranties involving major weapons systems or defense services to foreign countries. Provides that no such sale, credit sale, or guarantee may be made without the approval of Congress.

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1 official file

• Introduced in House

  summary · EN · 12 June 1975

  Open at official source

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