QUARTERLY REPORTS ON PERSONNEL AND UNIT READINESS.

SEC. 331. QUARTERLY REPORTS ON PERSONNEL AND UNIT READINESS. (a) Modification and Improvement.—Section 482 of title 10, United States Code, is amended— (1) in subsection (a)— (A) by striking “Each report” and inserting “The reports for the first and third quarters of a calendar year”; and (B) by adding at the end the following new sentence: “The reports for the second and fourth quarters of a calendar year shall contain the information required by subsection (j).”; (2) in subsection (b)— (A) in the subsection heading, by striking “and Remedial Actions”; (B) in the matter preceding paragraph (1), by striking “Each report” and inserting “A report for the second or fourth quarter of a calendar year”; (C) in paragraph (1), by inserting “and” after the semicolon; (D) by striking paragraph (2); and (E) by redesignating paragraph (3) as paragraph (2); (3) in subsection (d)(1), by striking “Each report” and inserting “A report for the second or fourth quarter of a calendar year”; (4) in subsection (e), by striking “Each report” and inserting “A report for the second or fourth quarter of a calendar year”; (5) in subsection (f)(1), by striking “Each report” and inserting “A report for the second or fourth quarter of a calendar year”; (6) in subsection (g)(1), by striking “Each report” and inserting “A report for the second or fourth quarter of a calendar year”; and (7) by adding at the end the following new subsection: “(j) Remedial Actions. A report for the first or third quarter of a calendar year shall include— “(1) a description of the mitigation plans of the Secretary to address readiness shortfalls and operational deficiencies identified in the report submitted for the preceding calendar quarter; and “(2) for each such shortfall or deficiency, a timeline for resolution, the cost necessary for such resolution, the mitigation strategy the Department will employ until the resolution is in place, and any legislative remedies required.” . (b) Conforming Amendments.—Section 117 of title 10, United States Code, is amended— (1) in subsection (d)— (A) in the subsection heading, by striking “Quarterly”and inserting “Semi-annual”; and (B) in paragraph (1)(A), by striking “quarterly” and inserting “semi-annual”; and (2) in subsection (e), by striking “each quarter” and inserting “semi-annually”.