President could transfer U.S. reserve supplies already stockpiled in Taiwan

The president would be allowed to transfer covered U.S. defense supplies to Taiwan. Covered items include humanitarian and medical supplies, weapons, and ammunition already stockpiled in Taiwan for use as its reserves. Items must be obsolete or surplus and in the Defense Department’s inventory. The president could choose whether to make a transfer.

The president would notify congressional committees before transfers, and the secretary of state would report on them each year. Notices would identify the items and concessions expected in return. Reports would cover transferred items, concessions received, and delivery timelines. Later annual reports could be combined with reports required under the Taiwan Enhanced Resilience Act. The first report would be due within one year after the bill becomes law, with reports due annually afterward.