Intelligence Activities Oversight Improvement Act

[AI summary unavailable — showing source text] Intelligence Activities Oversight Improvement Act - Amends the Foreign Assistance Act of 1961 to repeal provisions prohibiting the use of funds by or on behalf of the Central Intelligence Agency (CIA) for covert action ("special activities") in the absence of a presidential finding that such action is important for national security. Amends the National Security Act of 1947 to prohibit the initiation of any special activity by any U.S. department, agency, or entity, or any private entity acting on behalf of the United States, unless and until the activity has been approved by the President and the President has made a written finding that: (1) such activity is essential to the national defense or the conduct of U.S. foreign policy; (2) such activity is consistent with, and in support of, the publicly avowed foreign policy of the United States; (3) the anticipated benefits of such activity justify the risks and consequences of its disclosure to a foreign power; (4) overt or less sensitive alternatives would not be likely to achieve the intended objectives; and (5) the circumstances require the use of extraordinary means. Requires such finding to designate the entity which is to carr…