H. R. 2029—710 of an information system and information under section 104(a) that is conducted in accordance with this title. (b) SHARING OR RECEIPT OF CYBER THREAT INDICATORS.—No cause of action shall lie or be maintained in any court against any private entity, and such action shall be promptly dismissed, for the sharing or receipt of a cyber threat indicator or defensive measure under section 104(c) if— (1) such sharing or receipt is conducted in accordance with this title; and (2) in a case in which a cyber threat indicator or defensive measure is shared with the Federal Government, the cyber threat indicator or defensive measure is shared in a manner that is consistent with section 105(c)(1)(B) and the sharing or receipt, as the case may be, occurs after the earlier of— (A) the date on which the interim policies and procedures are submitted to Congress under section 105(a)(1) and guidelines are submitted to Congress under section 105(b)(1); or (B) the date that is 60 days after the date of the enactment of this Act. (c) CONSTRUCTION.—Nothing in this title shall be construed— (1) to create— (A) a duty to share a cyber threat indicator or defensive measure; or (B) a duty to warn or act based on the receipt of a cyber threat indicator or defensive measure; or (2) to undermine or limit the availability of otherwise applicable common law or statutory defenses. SEC. 107. OVERSIGHT OF GOVERNMENT ACTIVITIES. (a) REPORT ON IMPLEMENTATION.— (1) IN GENERAL.—Not later than 1 year after the date of the enactment of this title, the heads of the appropriate Federal entities shall jointly submit to Congress a detailed report concerning the implementation of this title. (2) CONTENTS.—The report required by paragraph (1) may include such recommendations as the heads of the appropriate Federal entities may have for improvements or modifications to the authorities, policies, procedures, and guidelines under this title and shall include the following: (A) An evaluation of the effectiveness of real-time information sharing through the capability and process developed under section 105(c), including any impediments to such real-time sharing. (B) An assessment of whether cyber threat indicators or defensive measures have been properly classified and an accounting of the number of security clearances authorized by the Federal Government for the purpose of sharing cyber threat indicators or defensive measures with the private sector. (C) The number of cyber threat indicators or defensive measures received through the capability and process developed under section 105(c). (D) A list of Federal entities that have received cyber threat indicators or defensive measures under this title. (b) BIENNIAL REPORT ON COMPLIANCE.—