; or (ii) an agreement that provides only— (I) direct Government cash assistance to an individual; (II) a subsidy; (III) a loan; (IV) a loan guarantee; or (V) insurance. (6) Secretary The term Secretary means the head of the standard-setting agency. (7) Standard-setting agency The term standard-setting agency means the Executive department designated under section 6402(a)(1). (8) State The term State means each State of the United States, the District of Columbia, each commonwealth, territory, or possession of the United States, and each federally recognized Indian Tribe. 6402. Data standards for grant reporting (a) In general (1) Designation of standard-setting agency The Director shall designate the Executive department that issues the most Federal awards in a calendar year as the standard-setting agency. (2) Establishment of standards Not later than 1 year after the date of enactment of this chapter, the Secretary and the Director shall establish Governmentwide data standards for information reported by recipients of Federal awards. (3) Data elements The data standards established under paragraph (2) shall include, at a minimum— (A) standard definitions for data elements required for managing Federal awards; and (B) unique identifiers for Federal awards and recipients of Federal awards that can be consistently applied Governmentwide. (b) Scope The data standards established under subsection (a)— (1) shall include core data elements; and (2) may cover any information required to be reported to any agency by recipients of Federal awards, including audit-related information reported under chapter 75 of this title. (c) Requirements The data standards established under subsection (a) shall, to the extent reasonable and practicable— (1) render information reported by recipients of Federal grant and cooperative agreement awards fully searchable and machine-readable; (2) be nonproprietary; (3) incorporate standards developed and maintained by voluntary consensus standards bodies