Page:United States Statutes at Large Volume 114 Part 1.djvu/893

 PUBLIC LAW 106-280—OCT. 6, 2000 114 STAT. 857 (4) AVAILABILITY OF FUNDS FOR ADVANCED WEAPONS SYS- TEMS.—To the extent the Government of Israel requests that funds be used for such purposes, grants made available for Israel out of funds authorized to be available under paragraph (1) for Israel for fiscal year 2001 shall, as agreed by Israel and the United States, be available for advanced weapons systems, of which not less than $520,000,000 shall be available for the procurement in Israel of defense articles and defense services, including research and development. (d) EXCLUSION OF RESCISSIONS AND SUPPLEMENTAL APPROPRIA- TIONS.— For purposes of this section, the computation of amounts made available for a fiscal year shall not take into account any amount rescinded by an Act or any amount appropriated by an Act making supplemental appropriations for a fiscal year. SEC. 514. ASSISTANCE FOR EGYPT. (a) DEFINITIONS. —In this section: (1) ESF ASSISTANCE.— The term "ESF assistance" means assistance under chapter 4 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2346 et seq.), relating to the economic support fund. (2) FOREIGN MILITARY FINANCING PROGRAM.— The term "Foreign Military Financing Program" means the program authorized by section 23 of the Arms Export Control Act (22 U.S.C. 2763). (b) ESF ASSISTANCE.— (1) IN GENERAL. —Of the amounts made available for each of the fiscal years 2001 and 2002 for ESF assistance, the amount specified in paragraph (2) for each such fiscal year is authorized to be made available for Egypt. (2) COMPUTATION OF AMOUNT.— Subject to subsection (d), the amount referred to in paragraph (1) is equal to— (A) the amount made available for ESF assistance for Egypt during the preceding fiscal year, minus (B) $40,000,000. (c) FMF PROGRAM.—Of the amount made available for each of the fiscal years 2001 and 2002 for assistance under the Foreign Military Financing Program, $1,300,000,000 is authorized to be made available on a grant basis for Egypt. (d) EXCLUSION OF RESCISSIONS AND SUPPLEMENTAL APPROPRIA- TIONS.— For purposes of this section, the computation of amounts made available for a fiscal year shall not take into account any amount rescinded by an Act or any amount appropriated by an Act making supplemental appropriations for a fiscal year. (e) DISBURSEMENT OF FUNDS. — Funds estimated to be outlayed for Egypt under subsection (c) during fiscal year 2001 shall be disbursed to an interest-bearing account for Egypt in the Federal Reserve Bank of New York within 30 days of the date of the enactment of this Act, or by October 31, 2000, whichever is later, provided that— (1) withdrawal of funds from such account shall be made only on authenticated instructions from the Defense Finance and Accounting Service of the Department of Defense; (2) in the event such account is closed, the balance of the account shall be transferred promptly to the appropriations account for the Foreign Military Financing Program; and

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