110 STAT. 3476 PUBLIC LAW 104-293—OCT. 11, 1996 "(B) evaluate the performance of the intelHgence community in collecting and analyzing intelligence required to meet such interests during the fiscal year ending in the year preceding the year in which the report is submitted, including a description of the significant successes and significant failures of the intelligence community in such collection and analysis during that fiscal year. "(2) The report shall specify matters under paragraph (1)(A) in sufficient detail to assist Congress in making decisions with respect to the allocation of resources for the matters specified. "(c) DEFINITION. —In this section, the term 'appropriate congressional committees' means the following: "(1) The Select Committee on Intelligence, the Committee on Appropriations, and the Committee on Armed Services of the Senate. "(2) The Permanent Select Committee on Intelligence, the Committee on Appropriations, and the Committee on National Security of the House of Representatives.", (b) CONFORMING AMENDMENTS.—(1) The section heading of such section is amended to read as follows: "ANNUAL REPORT ON INTELLIGENCE". (2) The table of contents for the Act is amended by striking out the item relating to section 109 and inserting in lieu thereof the following new item: "Sec. 109. Annual report on intelligence.". SEC. 804. TRANSNATIONAL THREATS. Section 101 of the National Security Act of 1947 (50 U.S.C. 402) is amended by inserting after subsection (h), as amended by section 802 of this Act, the following new subsection: "(i)(l) There is established within the National Security Council a committee to be known as the Committee on Transnational Threats (in this subsection referred to as the 'Committee'). "(2) The Committee shall include the following members: "(A) The Director of Central Intelligence. "(B) The Secretary of State. "(C) The Secretary of Defense. "(D) The Attorney General. "(E) The Assistant to the President for National Security Affairs, who shall serve as the chairperson of the Committee. "(F) Such other members as the President may designate. "(3) The function of the Committee shall be to coordinate and direct the activities of the United States Government relating to combatting transnational threats. "(4) In carrying out its function, the Committee shall— "(A) identify transnational threats; "(B) develop strategies to enable the United States Government to respond to transnational threats identified under subparagraph (A); "(C) monitor implementation of such strategies; "(D) make recommendations as to appropriate responses to specific transnational threats; "(E) assist in the resolution of operational and policy differences among Federal departments and agencies in their responses to transnational threats;
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