transfer of funds Section 552(c) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2348a(c) ) is amended by adding at the end the following: For fiscal year 2024, in addition to the aggregate value of $25,000,000 authorized in the text in paragraph (1) designated as paragraph (2) of the sentence preceding the immediately preceding sentence, the President may direct the drawdown of commodities and services from the inventory and resources of any agency of the United States Government for the purposes of providing necessary and immediate assistance to Israel of a value not to exceed $25,000,000. . (d) Special authorities Section 614(a)(4) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2364(a)(4) ) is amended by adding at the end the following new subparagraph: (D) Notwithstanding the limitations in this subsection and in addition to other amounts in this subsection, in fiscal year 2024, the authority of this subsection may be used to authorize the use of up to $1,000,000,000 of funds made available for use under this chapter or the Arms Export Control Act ( 22 U.S.C. 2751 et seq. ), to be provided to Israel. . (e) Transfer of funds During fiscal year 2024, section 610(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2360 ) shall be applied by substituting 20 per centum for 10 per centum and 40 per centum for 20 per centum . 202. Department of Defense stockpiles Section 12001 of the Department of Defense Appropriations Act, 2005 ( Public Law 108–287 ), as amended by Public Law 115–141 , is amended as follows: (1) in paragraph (2) of subsection (a), by striking armor and all that follows through the period at the end and inserting defense articles that are in the inventory of the Department of Defense as of the date of transfer, are intended for use as reserve stocks for Israel, and are located in a stockpile for Israel as of the date of transfer.