Page:United States Statutes at Large Volume 124.djvu/2708

 124 STAT. 2682 PUBLIC LAW 111–259—OCT. 7, 2010 proposed funding is included in a Future Year Intelligence Plan for such major system in accordance with subsection (a)(2)(A). ‘‘(2) A Long-term Budget Projection submitted under paragraph (1) shall include— ‘‘(A) projections for the appropriate element of the intel- ligence community for— ‘‘(i) pay and benefits of officers and employees of such element; ‘‘(ii) other operating and support costs and minor acquisitions of such element; ‘‘(iii) research and technology required by such element; ‘‘(iv) current and planned major system acquisitions for such element; ‘‘(v) any future major system acquisitions for such ele- ment; and ‘‘(vi) any additional funding projections that the Director of National Intelligence considers appropriate; ‘‘(B) a budget projection based on effective cost and schedule execution of current or planned major system acquisitions and application of Office of Management and Budget inflation esti- mates to future major system acquisitions; ‘‘(C) any additional assumptions and projections that the Director of National Intelligence considers appropriate; and ‘‘(D) a description of whether, and to what extent, the total projection for each year exceeds the level that would result from applying the most recent Office of Management and Budget inflation estimate to the budget of that element of the intelligence community. ‘‘(c) SUBMISSION TO CONGRESS.—The Director of National Intel- ligence, with the concurrence of the Director of the Office of Manage- ment and Budget, shall submit to the congressional intelligence committees each Future Year Intelligence Plan or Long-term Budget Projection required under subsection (a) or (b) for a fiscal year at the time that the President submits to Congress the budget for such fiscal year pursuant section 1105 of title 31, United States Code. ‘‘(d) MAJOR SYSTEM AFFORDABILITY REPORT.—(1) The Director of National Intelligence, with the concurrence of the Director of the Office of Management and Budget, shall prepare a report on the acquisition of a major system funded under the National Intel- ligence Program before the time that the President submits to Congress the budget for the first fiscal year in which appropriated funds are anticipated to be obligated for the development or procure- ment of such major system. ‘‘(2) The report on such major system shall include an assess- ment of whether, and to what extent, such acquisition, if developed, procured, and operated, is projected to cause an increase in the most recent Future Year Intelligence Plan and Long-term Budget Projection submitted under section 506G for an element of the intelligence community. ‘‘(3) The Director of National Intelligence shall update the report whenever an independent cost estimate must be updated pursuant to section 506A(a)(4). ‘‘(4) The Director of National Intelligence shall submit each report required by this subsection at the time that the President submits to Congress the budget for a fiscal year pursuant to section 1105 of title 31, United States Code.