1. Short title This Act may be cited as the United States-Jordan Defense Cooperation Extension Act . 2. Reauthorization of United States-Jordan Defense Cooperation Act of 2015 Section 5(a) of the United States-Jordan Defense Cooperation Act of 2015 ( 22 U.S.C. 2753 note) is amended— (1) by striking During the 3-year period and inserting During the period ; and (2) by inserting and ending on December 31, 2022 after enactment of this Act . 3. Sense of Congress It is the sense of Congress that— (1) Jordan faces threats to its security from ongoing regional instability in the Middle East, particularly from the ongoing conflict in Syria; and (2) the Governments of the United States and Jordan should negotiate a new Memorandum of Understanding, for fiscal years 2018 through 2022, to significantly enhance Jordan’s military capacity and local economy. 4. Establishment of enterprise fund for Jordan (a) Findings Congress finds the following: (1) In December 2011, Congress passed section 7041(b) of the Consolidated Appropriations Act, 2012 ( Public Law 112–74