Limits funds to the United Nations and other organizations that grant the Palestine Liberation Organization (PLO) any status, rights, or privileges beyond observer status.
Modifies the Foreign Relations Authorization Act to prevent the PLO from obtaining any status beyond observer status in UN agencies.
Amends limitations on U.S. contributions to the UN and affiliated organizations to restrict funding if the PLO is granted any status beyond observer status.
Specifies that the legislation does not apply to Taiwan.