; or (E) not in accord with the procedures required by law. (4) Judicial review invoked The pendency of an action for judicial review of a designation, amended designation, or determination in response to a petition for revocation shall not affect the application of this section, unless the court issues a final order setting aside the designation, amended designation, or determination in response to a petition for revocation. (e) Reports (1) In general Not later than 180 days after the date of enactment of this section, and every year thereafter, the Director shall submit to the relevant committees of Congress a detailed report containing the following: (A) A description and assessment of foreign actors who engage in activities listed in subsection (b)(1). (B) An assessment of the impact of foreign actors who engage in activities listed in subsection (b)(1) on scholarship and research and development in connection with institutions. (C) An assessment of the implementation and operation of the designation process for foreign intelligence threats to higher education established under this section. (D) An assessment of the likely effects of the designation of foreign intelligence threats to higher education on activities listed in subsection (b)(1) in connection with institutions. (2) Form of reports The reports required under paragraph (1) shall be submitted in an unclassified form, but may contain a classified annex. . (b) Technical and conforming amendment The table of sections for chapter 33 of title 28, United States Code, is amended by adding at the end the following: 540D. Designation of foreign intelligence threats to higher education. . 3. Disclosure of foreign gifts or contracts Section 117 of the Higher Education Act of 1965 ( 20 U.S.C. 1011f ) is amended— (1) by striking subsection (a) and inserting the following: (a) Disclosure report (1) In general An institution described in paragraph (2) for a calendar year shall file a disclosure report under subsection (b) with the Secretary by January 31 or July