Yeah, it has the structure to be useful, but the timelines and protocols make me think it could be fairly limp wristed in enforcement. Israel has 45 days to provide a written assurance and should the US decide it violates that (which it hasn’t in an official capacity yet) Israel has to provide a plan to remedy that, then failing that plan, these remediation actions can come into effect. I’d also imagine this would start with a modest reduction in aid before a total cut.
It doesn’t seem very toothsome with how quickly war and atrocities can be committed.
I hope I’m wrong and this is the start of a way for the US to stop providing aid to monsters, but Israel is but the loudest issue relating to this right now. I doubt this will affect how the US arms right wing groups across the globe to further its hegemony.