ANNUAL REPORT ON COVERT LEASES.

SEC. 822. ANNUAL REPORT ON COVERT LEASES. Section 114 of the National Security Act of 1947, as amended by section 821 of this Act, is further amended— (1) by redesignating subsection (e) as subsection (f); and (2) by inserting after subsection (d) the following new subsection (e): “(e) Annual Report on Covert Leases.—(1) Not later each year than the date provided in section 507, the Director shall submit to the congressional intelligence committees a report on each covert lease of an element of the intelligence community that is in force as of the end of the preceding year. “(2) Each report under paragraph (1) shall include the following: “(A) A list of each lease described by that paragraph. “(B) For each lease— “(i) the cost of such lease; “(ii) the duration of such lease; “(iii) the purpose of such lease; and “(iv) the directorate or office that controls such lease.” .