Section 1. Short title
This Act may be cited as the Ukraine Democracy Defense Lend-Lease Act of 2024.
Section 2. Extension and modification of lend-lease authority to Ukraine
Section 2 of the Ukraine Democracy Defense Lend-Lease Act of 2022 (Public Law 117–118; 136 Stat. 1184) is amended—
(1) in subsection (a)(1), by striking fiscal years 2022 and 2023 and inserting fiscal years 2022 through 2026;
(2) by redesignating subsection (c) as subsection (d); and
(3) by inserting after subsection (b) the following:
(c) Report
Not later than 90 days after the use of the authority under subsection (a), the Secretary of Defense, in coordination with the Secretary of State, shall submit to Congress a report that includes—
(1) a description of the defense articles loaned or leased to the Government of Ukraine, or to the government of an Eastern European country impacted by the Russian Federation’s invasion of Ukraine, under such authority; and
(2) a strategy and timeline for recovery and return of such defense articles.