be waived if a determination is made that extraordinary circumstances exist that impact the national security of the United States: Provided further, That such amount is designated by Congress as an emergency requirement pursuant to section 251(b)(2)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended: Provided further, That such amount shall be available only if the President designates such amount as an emergency requirement pursuant to section 251(b)(2)(A). II General provisions 201. Drawdown authority (a) In general Section 506(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2318(a) ) is amended by adding at the end the following new paragraph: (4) For fiscal year 2024, in addition to amounts otherwise specified in this section, the President may direct the drawdown of defense articles from the stocks of the Department of Defense, defense services of the Department of Defense, and military education and training, of an aggregate value not to exceed $7,000,000,000, to be provided to Israel. . (b) National interest Section 506(a)(2) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2318(a)(2) ) is amended by adding at the end the following new subparagraph: (C) For fiscal year 2024, in addition to amounts otherwise specified in this section, an aggregate value not to exceed $200,000,000 of any such articles, services, and military education and training may be provided to Israel pursuant to subparagraph (A) of this paragraph, not more than $75,000,000 of which may be provided from the drawdown from the inventory and resources of the Department of Defense. . (c) Emergency 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