Expressing the policy of the United States with respect to a two-state solution between the State of Israel and the Palestinian people.

Expresses that it is U.S. policy to: (1) oppose a two-state solution between Israel and the Palestinian people if either party refuses to recognize the other party's right to exist; and (2) require Palestine Liberation Organization (PLO) and Palestinian Authority officials, if they seek the support of the United States in peace efforts, to fully recognize the 1993 Israel-PLO Declaration of Principles, or Oslo Accords, as legitimate and as the basis for the peace negotiations and to acknowledge Israel's right to exist and Israel's historical land claims.