Government protects and provides proper access to information to advance the national and public interest by standardizing and assessing the management of classified and controlled unclassified information through oversight, policy development, guidance, education, and reporting. (2) Designation The office established by paragraph (1) shall be known as the Information Security Oversight Office (in this section referred to as the Office ). (b) Director There is in the Office a director who shall be the head of the Office and who shall be appointed by the President. (c) Duties The duties of the director of the Office, which the director shall carry out in coordination with the Executive Agent for Classification and Declassification, are as follows: (1) To develop directives to implement a uniform system across the United States Government for classifying, safeguarding, declassifying, and downgrading of national security information. (2) To oversee implementation of such directives by agencies through establishment of strategic goals and objectives and periodic assessment of agency performance vis-à-vis such goals and objectives. (d) Annual report Each fiscal year, the director of the Office shall submit to Congress a report on the execution of the duties of the director under subsection (c). (e) Funding (1) Authorization of appropriations There are authorized to be appropriated to carry out this section amounts as follows: (A) $5,000,000 for fiscal year 2024. (B) For fiscal year 2025 and each fiscal year thereafter, such sums as may be necessary to carry out this section. (2) Budget estimates In each budget that the President submits to Congress for a fiscal year under section 1105(a) of title 31, United States Code, the President shall include an estimate of the amounts required to carry out this section in that fiscal year. . II Reducing overclassification 201. Classification and declassification of information (a) In general Title VIII of the National Security Act of 1947, as amended by title I of this Act, is