Rulemaking

(a) In general Not later than 180 days after the date of the enactment of this Act, the Secretary shall promulgate rules to carry out this Act in consultation with— (1) the Secretary of Housing and Urban Development; (2) the Secretary of Health and Human Services; (3) the Administrator of the Environmental Protection Agency; (4) the Administrator of the Federal Emergency Management Agency; and (5) the heads of such other Federal departments and agencies as the Secretary determines appropriate. (b) Required provisions The Secretary shall ensure that regulations promulgated pursuant to this section include provisions that— (1) in coordination with the Director, prescribe resilience and adaptation standards; (2) provide guidance to eligible program participants in the implementation of this Act; (3) create audits and annual reporting requirements as may be necessary or appropriate to determine whether an eligible program participant has carried out activities using grant funds— (A) in a timely and effective manner; and (B) in accordance with the requirements of this Act and other applicable laws; and (4) develop and make publicly available performance targets for public review, which shall include spending thresholds for each year from the date on which funds are obligated by the Secretary to the grantee until such time all funds have been expended.