Prohibits U.S. assistance for the acquisition, conversion, rehabilitation, or installation of facilities in Iraq, with exemptions for: (1) amounts made available under the Commanders' Emergency Response Program (CERP) (project amounts in excess of $1 million only to be allowed with the Secretary of Defense's approval and congressional notification); and (2) technical assistance for the government of Iraq.
Directs the Secretary of State to conclude an agreement under which the government of Iraq shares with the U.S. government the costs of combined operations of the government of Iraq and the Multi-National Force in Iraq undertaken as part of Operation Iraqi Freedom.