(2) Contents Each plan submitted by a Governor under this section shall include the following: (A) A description of how the State will use funds received under this section for State-level activities. (B) A description of the State agency that will be responsible for overseeing the implementation of funds received under this section. (C) A description of the statewide strategy to reduce rates of postsecondary remediation and increase rates of first-year postsecondary credit accumulation. (D) A description of how the State will engage and collaborate with the members of the State legislature and State board of education (if the State has a State board of education), State higher education governing or coordinating entity (if the State has such an entity), State educational agency, State entity that coordinates early-childhood, elementary, secondary, and postsecondary education (if the State has such an entity), local educational agencies (including those located in rural areas), representatives of Indian Tribes located in the State, charter school leaders (if the State has charter schools), civil rights organizations in the State, teachers, principals, and other school leaders, parents, and students in the fulfillment of activities described in subparagraph (E). (E) A description of how the State will complete, not later than 3 years after the date of the initial receipt of funds under this section, activities to reduce rates of postsecondary remediation, which shall include— (i) updating the State’s requirements for a student to receive a regular high school diploma to align with the challenging State academic standards and entrance requirements for credit-bearing coursework as described in section 1111(b)(1)(D) of the Elementary and Secondary Education Act of 1965, which may include alignment with entrance requirements for credit-bearing coursework at the State’s system of 4-year institutions of higher education