Here is the text from the US congress website (view the original on congress.gov). This is part of the overall budget for the US Department of Defense for 2022:
SEC. 1652. ESTABLISHMENT OF OFFICE TO ADDRESS UNIDENTIFIED AERIAL PHENOMENA.
(a) ESTABLISHMENT.—Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense, in coordination with the Director of National Intelligence, shall establish an office within the Office of the Secretary of Defense to carry out, on a Department-wide basis, the mission currently performed by the Unidentified Aerial Phenomenon Task Force as of the date of the enactment of this Act.
(b) DUTIES.—The duties of the office established under subsection (a) shall include the following:
(1) Developing procedures to synchronize and standardize the collection, reporting, and analysis of incidents regarding unidentified aerial phenomena across the Department of Defense.
(2) Developing processes and procedures to ensure that such incidents from each military department are reported and incorporated in a centralized repository.
(3) Establishing procedures to require the timely and consistent reporting of such incidents.
(4) Evaluating links between unidentified aerial phenomena and adversarial foreign governments, other foreign governments, or nonstate actors.
(5) Evaluating the threat that such incidents present to the United States.
(6) Coordinating with other departments and agencies of the Federal Government, as appropriate.
(7) Coordinating with allies and partners of the United States, as appropriate, to better assess the nature and extent of unidentified aerial phenomena.
(c) ANNUAL REPORT.—
(1) REQUIREMENT.—Not later than December 31, 2022, and annually thereafter until December 31, 2026, the Secretary of Defense shall submit to the appropriate congressional committees a report on unidentified aerial phenomena.
(2) ELEMENTS.—Each report under paragraph (1) shall include, with respect to the year covered by the report, the following information:
(A) An analysis of data and intelligence received through reports of unidentified aerial phenomena.
(B) An analysis of data relating to unidentified aerial phenomena collected through—
(i) geospatial intelligence;
(ii) signals intelligence;
(iii) human intelligence; and
(iv) measurement and signals intelligence.
(C) The number of reported incidents of unidentified aerial phenomena over restricted air space of the United States.
(D) An analysis of such incidents identified under subparagraph (C).
(E) Identification of potential aerospace or other threats posed by unidentified aerial phenomena to the national security of the United States.
(F) An assessment of any activity regarding unidentified aerial phenomena that can be attributed to one or more adversarial foreign governments.
(G) Identification of any incidents or patterns regarding unidentified aerial phenomena that indicate a potential adversarial foreign government may have achieved a breakthrough aerospace capability.
(H) An update on the coordination by the United States with allies and partners on efforts to track, understand, and address unidentified aerial phenomena.
(I) An update on any efforts underway on the ability to capture or exploit discovered unidentified aerial phenomena.
(J) An assessment of any health-related effects for individuals that have encountered undentified aerial phenomena.
(d) TASK FORCE.—Not later than the date on which the Secretary establishes the office under subsection (a), the Secretary shall terminate the Unidentified Aerial Phenomenon Task Force.
(e) DEFINITIONS.—In this section:
(1) The term ‘‘appropriate congressional committees’’ means the following:
(A) The Committee on Armed Services, the Committee on Foreign Affairs, and the Permanent Select Committee on Intelligence of the House of Representatives.
(B) The Committee on Armed Services, the committee on Foreign Relations, and the Select Committee on Intelligence of the Senate.
(2) The term ‘‘unidentified aerial phenomena’’ means airborne objects witnessed by a pilot or aircrew member that are not immediately identifiable.