A bill to amend the Mutual Security Act of 1954, as amended, to provide Congress with more comprehensive reports of commercial arms exports licensed by the Office of Munitions Control.

[AI summary unavailable — showing source text] Requires, under the Mutual Security Act, that a quarterly report be submitted to the Committee on Foreign Relations of the Senate and the Committee on International Relations of the House of Representatives. Requires that such report contain: (1) a listing of all licenses authorizing the export of articles on the United States Munitions List in excess of $100,000; and (2) dollar amounts of licenses granted and items delivered.…