,,ii #aaith ,,congress #b;d ,session ,s4 #eeie ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #bi1 #bjbf,mr4 ,banks introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,a ,,bill ,to establish a ,war ,reserve ,stock ,program for ,taiwan1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,weapons ,resupply1 ,stockpile1 and ,assurance ,act4 #b4 ,war ,reserve ,stock ,program for ,taiwan 7a7 ,in general ,notwithstanding section #ead of the ,foreign ,assistance ,act of #aifa 7#bb ,u4,s4,c4 #bcba;h71 the ,president may transfer to ,taiwan any or all of the items described in subsection 7b74 7b7 ,items described ,the items referred to in subsection 7a7 are humanitarian and medical supplies1 armor1 artillery1 automatic weapons ammunition1 missiles1 and other munitions that-- 7#a7 are obsolete or surplus items2 7#b7 are in the inventory of the ,department of ,defense2 7#c7 are intended for use as reserve stocks for ,taiwan2 and 7#d7 are located in a stockpile in ,taiwan4 7c7 ,congressional notification ,not later than #cj days before making a transfer under the authority of this section1 the ,president shall transmit a notification of the proposed transfer to the ,committee on ,foreign ,relations and the ,committee on ,armed ,services of the ,senate and the ,committee on ,foreign ,affairs and the ,committee on ,armed ,services of the ,house of ,representatives4 ,the notification shall identify the items to be transferred and the concessions to be received4 7d7 ,report 7#a7 ,in general ,not later than one year after the date of the enactment of this ,act1 and annually thereafter1 the ,secretary of ,state shall submit a report to the appropriate committees of ,congress summarizing items included in each transfer under this section1 the concessions received1 and timelines for delivery4 7#b7 ,submission of subsequent reports ,after the submission of the initial report under this subsection1 the ,secretary of ,state may combine the submission of the subsequent reports with the reporting requirements under the ,taiwan ,enhanced ,resilience ,act 7#bb ,u4,s4,c4 #ccea et seq471 as appropriate4