; and (B) that establish network security standards sufficient to protect the security of subscribers of broadband provided with funds distributed under this program. (2) Award of funds Not later than 270 days after the date of the enactment of this Act, the Assistant Secretary shall begin to award funds to projects in accordance with the requirements of this Act. (f) Reports required (1) Inspector General and Comptroller General report Not later than June 30 and December 31 of each year following the awarding of the first funds under this program, the Inspector General of the Department of Commerce and the Comptroller General shall submit to the committees on Energy and Commerce of the House of Representatives and Commerce, Science, and Transportation of the Senate a report for the previous 6 months that reviews the program established under subsection (a). Such report shall include any recommendations to address waste, fraud, and abuse. (2) State reports Any State that receives funds under the program shall submit an annual report to the Assistant Secretary on how such funds were spent, along with a certification of compliance with the requirements of this section, including a description of each service provided and the number of individuals to whom the service was provided. (g) Definitions In this section: (1) Assistant Secretary The term Assistant Secretary means the Assistant Secretary of Commerce for Communications and Information. (2) Broadband The term broadband — (A) means broadband internet access service that is a mass-market retail service by wire or radio that provides the capability to transmit data to and receive data from all or substantially all internet endpoints, including any capabilities that are incidental to and enable the operation of the communications service; (B) includes any service that is a functional equivalent of the service described in subparagraph (A)