A bill to amend the Arms Export Control Act to provide for congressional participation in certain arms transfer decisions.

[AI summary unavailable — showing source text] Amends the Arms Export Control Act to prohibit the President from issuing a letter of offer to sell major defense equipment for $14,000,000 or more, or other defense articles or services for $50,000,000 or more to any country or international organization unless Congress enacts a joint resolution authorizing the sale. Exempts sales to the North Atlantic Treaty Organization (NATO), member countries of that organization, Japan, New Zealand, Australia, or Israel from such requirement. Prohibits the President from issuing a letter of offer for such sales to such countries or NATO if Congress, within 15 days of receiving the certification with respect to the proposed sale, agrees to a joint resolution stating that the proposed sale is not authorized. Prohibits the President from issuing a letter of offer to sell design and construction services for $200,000,000 or more to any foreign country or international organization if the Congress, within 30 days of receiving the certification with respect to the proposed sale, agrees to a joint resolution stating that the proposed sale is not authorized. Prohibits the President from issuing letters of offer for arms sales until after Congress has…