article: SECTION 1. SHORT TITLE. This Act may be cited as the ``International Commerce Enhancement Act''. SEC. 2. REFERENCES. Except as otherwise specifically provided in this Act, whenever in this Act an amendment or repeal is expressed as the amendment or repeal of a section or other provision, the reference shall be considered to be made to a section or other provision of the Arms Export Control Act (22 U.S.C. 2751 et seq.). SEC. 3. FOREIGN AND NATIONAL SECURITY POLICY OBJECTIVES AND RESTRAINTS. (a) Value of Defense Articles and Services.--Section 3(d) (22 U.S.C. 2753(d)) is amended in paragraphs (1) and (3)(A)-- (1) by striking ``$14,000,000'' each place it appears and inserting ``$25,000,000''; and (2) by striking ``$50,000,000'' each place it appears and inserting ``$85,000,000''. (b) Transfers With Respect to NATO and Major Non-NATO Countries.-- Section 3(d) (22 U.S.C. 2753(d)) is amended-- (1) in paragraph (2)-- (A) in subparagraph (A), by striking ``Except as provided in subparagraph (B), unless'' and inserting ``Unless''; and (ii) in subparagraph (B) to read as follows: ``(B) Subparagraph (A) shall not apply in the case of a proposed transfer to the North Atlantic Treaty Organization, or any member country of such Organization, Japan, Australia, or New Zealand.''; and (iii) in subparagraph (C), by striking ``or (B)''; and (2) in paragraph (3)-- (A) in the second sentence of subparagraph (A), by striking ``shall be submitted'' and all that follows through ``unless the President'' and inserting ``shall be submitted at least 30 calendar days before such consent is given in the case of a transfer to a country other than a country which is a member of the North Atlantic Treaty Organization, Japan, Australia, or New Zealand, unless the President''; (B) in the third sentence of subparagraph (A), by striking ``(thus waiving the requirements of clause (i) or (ii), as the case may be, and of subparagraph (B))''; and (C) in subparagraph (B)-- (i) by striking ``15-day or''; and (ii) by striking ``subparagraph (A)(i) or (ii), as the case may be,'' and inserting ``subparagraph (A)''. SEC. 4. MILITARY EXPORT CONTROLS. (a) Value of Defense Articles and Services.--Section 36 (22 U.S.C. 2776) is amended in the first sentence of subsections (b)(1) and (c)(1)-- (1) by striking ``$14,000,000'' each place it appears and inserting ``$25,000,000''; and (2) by striking ``$50,000,000'' each place it appears and inserting ``$85,000,000''. (b) Transfers With Respect to NATO and Major Non-NATO Countries.-- Section 36 (22 U.S.C. 2776) is amended-- (1) in subsection (b)-- (A) in the matter following subparagraph (P) of paragraph (1), by striking ``proposed sale to the North Atlantic Treaty Organization, any member country of such Organization, Japan, Australia, or New Zealand, if the Congress, within fifteen calendar days after receiving such certification, or with respect to a proposed sale to any other country or organization,'' and inserting ``proposed sale to a country other than a country which is a member of the North Atlantic Treaty Organization, Japan, Australia, or New Zealand, or to any other organization,''; and (B) in paragraph (2), strike ``, except that for purposes of consideration of any joint resolution'' and all that follows through ``its introduction''; (2) in subsection (c)(2)-- (A) in subparagraph (A)-- (i) by striking ``the North Atlantic Treaty Organization, any member country of that Organization, Japan, Australia, or New Zealand'' and inserting ``a country other than a country which is a member of the North Atlantic Treaty Organization, Japan, Australia, or New Zealand, or to any other organization''; (ii) by striking ``15'' each place it appears and inserting ``30''; and (iii) by adding ``and'' at the end; (B) in subparagraph (B), by striking ``; and'' and inserting a period; and (C) by striking subparagraph (C); and (3) in subsection (d)-- (A) in paragraph (2), by striking ``shall be submitted'' and all that follows through ``unless the President'' and inserting ``shall be submitted at least 30 days before approval is given in the case of an agreement for or in a country other than a country which is a member of the North Atlantic Treaty Organization, Japan, Australia, or New Zealand, unless the President''; and (B) in paragraph (4)-- (i) by striking ``15-day or''; and (ii) by striking ``paragraph (2)(A) or (B), as the case may be,'' and inserting ``paragraph (2)''. (c) License Applications for Commercial Sales.--Section 36(c)(1) (22 U.S.C. 2776(c)(1)) is amended in the first sentence by striking ``sold under a contract'' each place it appears and inserting ``to be sold under a contract, proposed contract, or formal proposal of sale''. SEC. 5. LEASES OF DEFENSE ARTICLES AND LOAN AUTHORITY FOR COOPERATIVE RESEARCH AND DEVELOPMENT PURPOSES. (a) Value of Defense Articles.--Section 63(a) (22 U.S.C. 2796b(a)) is amended-- (1) by striking ``$14,000,000'' and inserting ``$25,000,000''; and (2) by striking ``$50,000,000'' and inserting ``$85,000,000''. (b) Transfers With Respect to NATO and Major Non-NATO Countries.-- Chapter 6 (22 U.S.C. 2796) is amended-- (1) in section 62(c), by striking ``shall be transmitted'' and all that follows through ``organization or country'' and inserting ``shall be transmitted not less than 30 calendar days before the agreement is entered into or renewed in the case of an agreement with a country other than a country which is a member of the North Atlantic Treaty Organization, Japan, Australia, or New Zealand, or any other organization''; and (2) in section 63(a)-- (A) by striking ``15-day or''; and (B) by striking ``section 62(c) (1) or (2), as the case may be,'' and inserting ``section 62(c)''.
summary: International Commerce Enhancement Act - Amends the Arms Export Control Act to increase threshold values of major defense equipment or defense articles or related training or other defense services whose transfer or lease to foreign countries would require a presidential certification to Congress. Exempts from specified congressional oversight requirements any such transfers to North Atlantic Treaty Organization (NATO) countries, Japan, Australia, or New Zealand.