; (C) by redesignating paragraph (2) as paragraph (3); and (D) by inserting after paragraph (1) the following new paragraph: (2) Limitation on number of recipients For each element of the intelligence community, the number of individuals serving in a position in such element who receive a higher rate of pay established or increased under paragraph (1) may not, at any time during a given fiscal year, exceed 50 individuals or 5 percent of the total number of full-time equivalent positions authorized for such element for the preceding fiscal year, whichever is greater. ; and (3) in subsection (e), by striking the element and inserting an element . (b) Clerical amendment The table of contents at the beginning of such Act is amended by striking the item relating to section 113B and inserting the following new item: Sec. 113B. Special pay authority for science, technology, engineering, or mathematics positions and positions requiring banking or financial services expertise. . (c) Reports Not later than September 1 of each year until September 1, 2025, 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 section 113B of such Act ( 50 U.S.C. 3049a ), as amended by subsection (a), including— (1) a description of any rates of pay so established