; and (2) the loss of coverage will take effect on the first day of the first pay period after the date of the notice. (d) Revision of special rates of pay Subject to the limitations in this section, rates of pay established under this section by the head of the element of the intelligence community may be revised from time to time by the head of such element and the revisions have the force and effect of statute. (e) Regulations The head of each element of the intelligence community shall promulgate regulations to carry out this section with respect to such element, which shall, to the extent practicable, be comparable to the regulations promulgated to carry out section 5305 of title 5, United States Code. (f) Reports (1) Requirement for reports Not later than 90 days after the date of the enactment of the Intelligence Authorization Act for Fiscal Year 2017, the head of each element of the intelligence community shall submit to the congressional intelligence committees a report on any rates of pay established for such element under this section. (2) Contents Each report required by paragraph (1) shall contain for each element of the intelligence community— (A) a description of any rates of pay established under subsection (a); and (B) the number of positions in such element that will be subject to such rates of pay. . (b) Table of contents amendment The table of contents in the first section of the National Security Act of 1947 is amended by inserting after the item relating to section 113A the following: Sec. 113B. Special pay authority for science, technology, engineering, or math positions. . 306. Multi-sector workforce (a) Multi-Sector workforce initiative (1) Requirement Beginning on October 1, 2018, the Director of National Intelligence shall implement a multi-sector workforce initiative— (A) to improve management of the workforce of the intelligence community; (B) to achieve an appropriate ratio of employees of the United States Government and core contractors in such workforce