; (2) in subsection (h)(1)(D), by striking 2016 and inserting 2021 ; and (3) in subsection (h)(2), by striking 2016 and inserting 2021 . V Technical Corrections 501. Technical corrections to data exchange standards to improve program coordination (a) In general Section 440 of the Social Security Act ( 42 U.S.C. 629m ) is amended to read as follows: 440. Data exchange standards for improved interoperability (a) Designation The Secretary shall, in consultation with an interagency work group established by the Office of Management and Budget and considering State government perspectives, by rule, designate data exchange standards to govern, under this part— (1) necessary categories of information that State agencies operating programs under State plans approved under this part are required under applicable Federal law to electronically exchange with another State agency; and (2) Federal reporting and data exchange required under applicable Federal law. (b) Requirements The data exchange standards required by paragraph (1) shall, to the extent practicable— (1) incorporate a widely accepted, non-proprietary, searchable, computer-readable format, such as the eXtensible Markup Language; (2) contain interoperable standards developed and maintained by intergovernmental partnerships, such as the National Information Exchange Model; (3) incorporate interoperable standards developed and maintained by Federal entities with authority over contracting and financial assistance; (4) be consistent with and implement applicable accounting principles; (5) be implemented in a manner that is cost-effective and improves program efficiency and effectiveness