This bill would require the Secretary of State to call for Israel to increase the standard of living in Judea, Samaria, and Gaza by extending sovereignty over them(i.e. offering those places the authority to govern themselves).
Palestinian Arabs living in those areas would then be granted citizenship in the countries that governed those areas from 1949 to 1967 and have a right of return to those countries. "Right of return" in this context is the assertion that Palestinian refugees (including first-generation refugees and their progeny) can go back to Israeli and the Palestinian territories, and claim property that they themselves or their antecedents left (by force or other circumstance) behind.
No funds may be appropriated by Congress to be obligated or expended to provide any U.S. assistance, loan guarantee, or debt relief to the Palestinian Authority (PA) as long as any part of the PA unity government refuses to allow that right of return.
The Secretary of State shall ensure that refugees are allowed to return to their host countries in accordance with United Nations High Commission for Refugees regulations.
All U.S. assistance, loan guarantee, and debt relief that currently goes to the United Nations Relief and Works Agency for Palestinian Refugees in the Near East (UNRWA) shall instead be used to assist those who exercise their right of return.