§ 437. Congressional oversight
(a)
Proposed Regulations.—
Copies of regulations proposed to be prescribed under section
436 of this title (including any proposed revision to such regulations) shall be submitted to the intelligence committees not less than 30 days before they take effect.
(b)
Current Information.—
Consistent with title V of the National Security Act of 1947 (50 U.S.C. 413 et seq.), the Secretary of Defense shall ensure that the intelligence committees are kept fully and currently informed of actions taken pursuant to this subchapter, including any significant anticipated activity to be authorized pursuant to this subchapter.
(c)
Annual Report.—
Not later each year than the date provided in section 507 of the National Security Act of 1947 (50 U.S.C. 415b), the Secretary shall submit to the congressional intelligence committees (as defined in section 3 of that Act (50 U.S.C. 401a)) a report on all commercial activities authorized under this subchapter that were undertaken during the previous fiscal year. Such report shall include (with respect to the fiscal year covered by the report) the following:
(2)
A description of any expenditure of funds made pursuant to this subchapter (whether from appropriated or non-appropriated funds).
(3)
A description of any actions taken with respect to audits conducted pursuant to section
432 of this title to implement recommendations or correct deficiencies identified in such audits.