The Stand with Ukraine Act of 2024 establishes a comprehensive framework for long-term U.S. military and economic support to Ukraine as it defends itself against Russian aggression. The bill endorses the June 2024 bilateral security agreement between the United States and Ukraine and commits to providing sustained security assistance including modern military equipment, training, intelligence sharing, and cyber defense support across land, air, and sea domains. The legislation affects Ukraine's government and military, U.S. defense contractors, and eastern European countries impacted by Russian aggression, and it directs various federal agencies to prioritize and expedite weapons transfers, develop a five-year plan for excess defense article transfers, and submit annual reports on unfunded requirements through fiscal year 2035. The bill does not specify a total funding amount but requires the President to submit detailed budget reports concurrent with annual fiscal year submissions and directs the Secretaries of State and Defense to identify additional funding needs, while also authorizing loan and lease arrangements for defense articles from fiscal years 2025 through 2035.
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