Taiwan Democracy Defense Lend-Lease Act of 2023

This bill authorizes the U.S. President to lend or lease defensive military equipment to Taiwan’s government to strengthen its ability to defend against potential aggression from China’s military, including scenarios like naval blockades, amphibious assaults, or missile strikes. It requires Taiwan to pay for damaged or lost equipment and to repay the U.S. for defense services or construction over 12 years, with interest rates subject to congressional review. The bill mandates a 90-day report to Congress assessing Taiwan’s defense needs, supply chain challenges, and timelines for delivering and integrating military equipment. It does not create new policy but establishes procedures for U.S. defense support to Taiwan under specific conditions.