; or (4) the termination of the sanctions is in the national security interests of the United States. (f) Regulatory authority The President shall issue such regulations, licenses, and orders as are necessary to carry out this section. (g) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on the Judiciary and the Committee on Foreign Affairs of the House of Representatives; and (2) the Committee on the Judiciary and the Committee on Foreign Relations of the Senate. 4. Reports to Congress (a) In general The President shall submit to the appropriate congressional committees, in accordance with subsection (b), a report that includes— (1) a list of each foreign person with respect to which the President imposed sanctions pursuant to section 3 during the year preceding the submission of the report; (2) the number of foreign persons with respect to which the President— (A) imposed sanctions under section 3(a) during that year; and (B) terminated sanctions under section 3(f) during that year; (3) the dates on which such sanctions were imposed or terminated, as the case may be; (4) the reasons for imposing or terminating such sanctions; and (5) the total number of foreign persons considered under section 3(c) for whom sanctions were not imposed. (b) Dates for submission (1) Initial report The President shall submit the initial report under subsection (a) not later than 120 days after the date of the enactment of this Act. (2) Subsequent reports The President shall submit a subsequent report under subsection (a) on December 10, or the first day thereafter on which both Houses of Congress are in session, of— (A) the calendar year in which the initial report is submitted if the initial report is submitted before December 10 of that calendar year