; and (2) USAID staff are able to effectively evaluate such applications or proposals. (b) Local language support (1) In general The Administrator of USAID shall conduct an assessment of options to enable USAID to utilize local languages to support local partners with award solicitations, proposals and applications, evaluations, management, and close out, including advising local partners on applicable United States regulations and USAID policies and local country rules and regulations common in such activities. (2) Report Not later than 1 year after the date of the enactment of this Act, the Administrator of USAID shall submit a report to Congress containing the results of the assessment conducted pursuant to paragraph (1). 8. Modifications relating to the Code of Federal Regulations and other requirements (a) Increase in the de minimis indirect cost The Administrator of USAID is authorized— (1) to increase the de minimis indirect cost rate provided for in section 200.414 of title 2, Code of Federal Regulations, or in any successor regulations, to 15 percent for local entities receiving USAID assistance awards; (2) to establish a similar de minimis indirect cost rate of 15 percent for acquisitions awarded to local entities pursuant to title 48, Code of Federal Regulations; and (3) to further increase such threshold if such action is recommended by regulations promulgated by the Office of Management and Budget. (b) Exemption for local entities The Administrator of USAID is authorized to exempt local entities, as needed, from the reporting requirements under the Federal Funding Accountability and Transparency Act of 2006 ( 31 U.S.C. 6106 note