Title: Ukraine Democracy Defense Lend-Lease Act of 2022
Vote to pass a bill that temporarily waives certain requirements related to the President's authority to lend or lease defense articles if the defense articles are intended for Ukraine's government or the governments of other Eastern European countries affected by Russia's invasion of Ukraine.
Repeals, for a temporary period of time, certain requirements related to the Presidents authority to lend or lease defense articles intended for Ukraine’s government or the governemnts of other eastern europeans countries affected by Russia’s invasion of Ukraine (Sec. 2).
Exempts the aforementioned agreement from certain requirements and provisions that typically apply to such land-lease agreements for for fiscal year 2022-23, including the requirement that generally prohibits a loan or lease period from exceeding 5 years (Sec. 2).
Requires the President establish expedited procedures to ensure the timely delivery of defense articles loaned or leased to Ukraine under this bill (Sec. 2).