The Postmaster General shall render an annual report to the Board concerning the operations of the Postal Service under this title. Upon approval thereof, or after making such changes as it considers appropriate, the Board shall transmit such reports to the President and the Congress . ( Pub. L. 91–375 , Aug. 12, 1970 , 84 Stat. 743 .) Statutory Notes and Related Subsidiaries Effective Date Section effective July 1, 1971 , pursuant to Resolution No. 71–9 of the Board of Governors. See section 15(a) of Pub. L. 91–375 , set out as a note preceding section 101 of this title . Termination of Reporting Requirements For termination, effective May 15, 2000 , of provisions in this section relating to the requirement that the Board transmit annual reports to Congress , see section 3003 of Pub. L. 104–66 , as amended, set out as a note under section 1113 of Title 31 , Money and Finance, and page 195 of House Document No. 103–7.