; (B) in subparagraph (B)(ii), by striking ; and and inserting a period; and (C) by striking subparagraph (C); (2) by redesignating subsection (b) as subsection (c); (3) by inserting after subsection (a) the following new subsection (b): (b) Intelligence community reports (1) Not later than March 1 of each year, the Director of National Intelligence shall submit to the congressional intelligence committees a report on the security clearances processed by each element of the intelligence community during the preceding calendar year. Each such report shall separately identify security clearances processed by each such element and shall cover Federal employees and contractor employees. (2) Each report submitted under paragraph (1) shall include each of the following for each element of the intelligence community for the year covered by the report: (A) The total number of initial security clearance background investigations opened for new applicants. (B) The total number of security clearance periodic re-investigations opened for existing employees. (C) The total number of initial security clearance background investigations for new applicants that were finalized and adjudicated with notice of a determination provided to the prospective applicant, including— (i) the total number that were adjudicated favorably and granted access to classified information; and (ii) the total number that were adjudicated unfavorably and resulted in a denial or revocation of a security clearance. (D) The total number of security clearance periodic background investigations that were finalized and adjudicated with notice of a determination provided to the existing employee, including— (i) the total number that were adjudicated favorably