Page:United States Statutes at Large Volume 124.djvu/2724

 124 STAT. 2698 PUBLIC LAW 111–259—OCT. 7, 2010 (D) a description of the improvements to information technology needed to enable the United States Government to better share information; (3) any recommendations that the Director considers appro- priate for legislation to improve the sharing of intelligence or information relating to terrorists; (4) a description of the steps taken by the intelligence community to train analysts on watchlisting processes and procedures; (5) a description of the manner in which watchlisting information is entered, reviewed, searched, analyzed, and acted upon by the relevant elements of the United States Govern- ment; (6) a description of the steps the intelligence community is taking to enhance the rigor and raise the standard of tradecraft of intelligence analysis related to uncovering and preventing terrorist plots; (7) a description of the processes and procedures by which the intelligence community prioritizes terrorism threat leads and the standards used by elements of the intelligence commu- nity to determine if follow-up action is appropriate; (8) a description of the steps taken to enhance record information on possible terrorists in the Terrorist Identities Datamart Environment; (9) an assessment of how to meet the challenge associated with exploiting the ever-increasing volume of information avail- able to the intelligence community; and (10) a description of the steps the intelligence community has taken or will take to respond to any findings and rec- ommendations of the congressional intelligence committees, with respect to any such failures, that have been transmitted to the Director of National Intelligence. SEC. 347. REPEAL OR MODIFICATION OF CERTAIN REPORTING REQUIREMENTS. (a) ANNUAL REPORT ON INTELLIGENCE.—Section 109 of the National Security Act of 1947 (50 U.S.C. 404d) is repealed. (b) ANNUAL AND SPECIAL REPORTS ON INTELLIGENCE SHARING WITH THE UNITED NATIONS.—Section 112 of the National Security Act of 1947 (50 U.S.C. 404g) is amended— (1) by striking subsection (b); and (2) by redesignating subsections (c), (d), and (e) as sub- sections (b), (c), and (d), respectively. (c) ANNUAL REPORT ON PROGRESS IN AUDITABLE FINANCIAL STATEMENTS.—Section 114A of the National Security Act of 1947 (50 U.S.C. 404i–1) is repealed. (d) REPORT ON FINANCIAL INTELLIGENCE ON TERRORIST ASSETS.—Section 118 of the National Security Act of 1947 (50 U.S.C. 404m) is amended— (1) in the heading, by striking ‘‘SEMIANNUAL’’ and inserting ‘‘ANNUAL’’; (2) in subsection (a)— (A) in the heading, by striking ‘‘SEMIANNUAL’’ and inserting ‘‘ANNUAL’’; (B) in the matter preceding paragraph (1)— (i) by striking ‘‘semiannual basis’’ and inserting ‘‘annual basis’’; and