; or (2) has been in effect for more than 3 years as of such date, shall automatically terminate on the date that is 2 years after the date of the enactment of this section. (c) Effect of termination If a national emergency declaration terminates pursuant to this section, no emergency may subsequently be declared based on substantially the same facts and circumstances. . 303. Reporting requirements Section 401 of the National Emergencies Act ( 50 U.S.C. 1641 ) is amended— (1) by amending subsection (c) to read as follows: (c) Report upon declaration or renewal of national emergency The President shall transmit to Congress, concurrently with any proclamation declaring a national emergency under section 201(a), any Executive order specifying emergency powers or authorities under section 201(b)(2), or any Executive order renewing a national emergency under section 202(b), a written report that includes each of the following: (1) A description of the circumstances necessitating the declaration of a national emergency, the renewal of such an emergency, or the use of a new emergency authority specified in the Executive order, as the case may be. (2) The estimated duration of the national emergency, or a statement that the duration of the national emergency cannot reasonably be estimated at the time of transmission of the report. (3) A summary of the actions the President or other officers intend to take, including any reprogramming or transfer of funds, and the statutory authorities the President and such officers expect to rely on in addressing the national emergency. (4) In the case of a renewal of a national emergency, a summary of the actions the President or other officers have taken in the preceding one-year period, including any reprogramming or transfer of funds, to address the emergency.