S.Amdt. 979

SA 979. Mr. CASEY submitted an amendment intended to be proposed by
him to the bill S. 2226, to authorize appropriations for fiscal year
2024 for military activities of the Department of Defense, for military
construction,

[[Page S3421]]

and for defense activities of the Department of Energy, to prescribe
military personnel strengths for such fiscal year, and for other
purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. __. REVIEW BY DIRECTOR OF NATIONAL INTELLIGENCE
REGARDING INFORMATION COLLECTION AND ANALYSIS
WITH RESPECT TO ECONOMIC COMPETITION.

(a) Review.--
(1) In general.--Not later than 30 days after the date of
the enactment of this Act, the Director of National
Intelligence shall complete a review of the requirements and
access to commercial information used by elements of the
intelligence community for analysis of capital flows,
investment security, beneficial ownership of entities, and
other transactions and functions related to identifying
threats, gaps, and opportunities with respect to economic
competition with foreign countries, including the People's
Republic of China.
(2) Elements.--The review required by paragraph (1) shall
include the following:
(A) The length and expiration of licenses for access to
commercial information.
(B) The number of such licenses permitted for each element
of the intelligence community.
(C) The number of such licenses permitted for Federal
departments and agencies that are not elements of the
intelligence community, including the Department of Commerce.
(b) Report; Briefing.--
(1) In general.--Not later than 60 days after the date on
which the review required by subsection (a)(1) is completed,
the Director of National Intelligence shall submit a report
and provide a briefing to Congress on the findings of the
review.
(2) Elements.--The report and briefing required by
paragraph (1) shall include the following:
(A) The findings of the review required by subsection
(a)(1).
(B) Recommendations of the Director on whether and how the
standardization of access to commercial information, the
expansion of licenses for such access, the lengthening of
license terms beyond 1 year, and the issuance of Government-
wide (as opposed to agency-by-agency) licenses would advance
the open-source collection and analytical requirements of the
intelligence community with respect to economic competition
with foreign countries, including the People's Republic of
China.
(C) An assessment of cost savings or increases that may
result from the standardization described in subparagraph
(B).
(3) Form.--The report and briefing required by paragraph
(1) may be classified.
(c) Intelligence Community Defined.--In this section, the
term ``intelligence community'' has the meaning given that
term in section 3 of the National Security Act of 1947 (50
U.S.C. 3003).
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