Data exchange standards for improved interoperability

necessary categories of information that State agencies operating related programs are required under applicable law to electronically exchange with another State agency; and Federal reporting and data exchange required under applicable law. incorporate a widely accepted, nonproprietary, searchable, computer-readable format, such as the eXtensible Markup Language; contain interoperable standards developed and maintained by intergovernmental partnerships, such as the National Information Exchange Model; incorporate interoperable standards developed and maintained by Federal entities with authority over contracting and financial assistance; be consistent with and implement applicable accounting principles; be implemented in a manner that is cost-effective and improves program efficiency and effectiveness; and be capable of being continually upgraded as necessary. Nothing in this section requires a change to existing data exchange standards for Federal reporting found to be effective and efficient. Not later than 2 years after the date of the enactment of this Act [July 29, 2016], the Secretary of Housing and Urban Development shall issue a proposed rule to carry out the amendments made by subsection (a) [enacting this section]. identify federally required data exchanges; include specification and timing of exchanges to be standardized; address the factors used in determining whether and when to standardize data exchanges; specify State implementation options; and describe future milestones.” The Secretary shall, in consultation with an interagency work group established by the Office of Management and Budget, and considering State government perspectives, designate data exchange standards to govern, under this chapter— The data exchange standards required by subsection (a) shall, to the maximum extent practicable— The rule shall— (Source: (Sept. 1, 1937, ch. 896, title I, § 37, as added Pub. L. 114–201, title V, § 503(a), July 29, 2016, 130 Stat. 811.))