; regulations after projects ; (2) by striking A qualified entity and inserting the following: (a) Local control over demonstration projects A qualified entity ; and (3) by adding at the end the following: (b) Regulations Subject to subsection (a), not later than 180 days after the date of the enactment of this subsection, the Secretary shall promulgate such regulations as the Secretary considers necessary to implement this title. The Secretary may provide that any such regulation takes effect on the date of promulgation, but the Secretary shall accept and consider public comments for 60 days after the date of promulgation. . 2011. Annual progress reports (a) In general Section 412(b) of the Assets for Independence Act ( 42 U.S.C. 604 note) is amended by striking subsection (a) to and all that follows and inserting subsection (a) to the Secretary. . (b) Effective date The amendment made by subsection (a) shall apply to reports submitted on or after the date of the enactment of this Act. 2012. Sanctions (a) In general Section 413 of the Assets for Independence Act ( 42 U.S.C. 604 note) is amended— (1) in subsection (b), by striking paragraph (5) and inserting the following: (5) if, by the end of the 90-day period beginning on the date of the termination, the Secretary has not found a qualified entity (or entities) described in paragraph (3) of this subsection, shall— (A) make every effort to identify, without conducting a competition (unless the Secretary determines that conducting a competition would be feasible and appropriate), another qualified entity (or entities), in the same or a different community, willing and able to conduct one or more demonstration projects under this title that may differ from the project being terminated; (B) in identifying a qualified entity (or entities) under subparagraph (A) of this paragraph, give priority to qualified entities that— (i) are participating in demonstration projects conducted under this title; (ii) have waiting lists for participants in the demonstration projects