; (2) by redesignating subparagraphs (B), (C), and (D) as subparagraphs (C), (D), and (E), respectively; (3) by inserting after subparagraph (A) the following: (B) Basic threat information (i) In general The Director of National Intelligence may provide the Committee with basic information regarding any threat to the national security of the United States posed by a covered transaction described in clause (ii) instead of conducting the analysis required by subparagraph (A). (ii) Covered transaction described A covered transaction is described in this clause if— (I) the transaction is described in subsection (a)(5)(B)(ii); (II) the Director of National Intelligence has completed an analysis pursuant to subparagraph (A) involving each foreign person that is a party to the transaction during the 12 months preceding the review or investigation of the transaction under this section; or (III) the transaction otherwise meets criteria agreed upon by the Committee and the Director of National Intelligence for purposes of this subparagraph. ; (4) in subparagraph (C), as redesignated by paragraph (2), by striking 20 and inserting 30