S. 4740 — A bill to amend the Foreign Intelligence Surveillance Act of 1978 to improve transparency, and for other purposes.

This section directs the Director of National Intelligence, in consultation with the Attorney General, to publicly release the Foreign Intelligence Surveillance Court Memorandum Opinion and Order dated March 17, 2026, regarding section 702 of the Foreign Intelligence Surveillance Act, no later than 14 days after enactment, subject to redactions necessary to protect intelligence sources and methods.

This section requires the Attorney General to submit an annual report to the appropriate congressional committees on the number of requests to conduct sensitive queries under section 702 of the Foreign Intelligence Surveillance Act, the number approved and denied, and the number conducted, with all figures disaggregated by the applicable subclause of subparagraph (D)(ii).

This section expands mandatory declassification review of Foreign Intelligence Surveillance Court and Foreign Intelligence Surveillance Court of Review decisions, orders, and opinions to cover those involving a sensitive investigative matter or nominated by an amicus curiae. It requires completion of the review and public release within 180 days after issuance (from after commencement of review) and applies to decisions issued before, on, or after enactment. It defines sensitive investigative matter to include matters involving domestic public officials, political candidates, religious or political organizations, the news media, or similarly sensitive domestic entities or U.S. persons.

This section requires the Director of National Intelligence to publish each annual report on violations of law or executive order by intelligence community personnel on a public website, with redactions to protect sources and methods. It directs publication of all prior reports within 180 days of enactment. It also requires the Attorney General, in consultation with the Director, to submit a version addressing Foreign Intelligence Surveillance Act violations to the Senate and House Judiciary Committees.

This section expands the annual public report by the Director of National Intelligence to include a good faith estimate, by each element of the intelligence community, of the number of United States person search terms and queries used to retrieve information acquired pursuant to Executive Order 12333 outside of the Foreign Intelligence Surveillance Act.

This section extends the sunset date for title VII of the Foreign Intelligence Surveillance Act of 1978, including section 702 authorities, to July 17, 2026 (from June 12, 2026). The extension takes effect on the earlier of the date of enactment or June 11, 2026.