A bill to amend the Foreign Military Sales Act to revise the procedure for disapproval by Congress of a proposed sale under such act.

[AI summary unavailable — showing source text] Requires the President to submit to Congress for review a statement describing any offer to sell defense articles or services for $25,000,000 or more before the issuance by the President of any letter of offer to sell in accordance with the provisions of the Foreign Military Sales Act. Provides for a review period of 30 calendar days of continuous session of Congress. States that the President may issue such a letter of offer to sell if the Congress has not passed a concurrent resolution disapproving the offer within the 30-day period. States that the requirement for review shall not apply in any case in which the President submits to Congress a statement of waiver certifying that an emergency exists which requires such waiver in the national security interests of the United States.…