; (2) community leaders; (3) governmental officials; (4) the business community; (5) the academic community; and (6) the nonprofit sector. 404. Administration (a) Regulations The Secretary— (1) shall initiate a rulemaking process, not later than 1 year after the date of enactment of this Act, after consulting with relevant Federal agencies, coastal States, federally recognized Indian Tribes within the meaning of such term in Executive Order 13175 (65 Fed. Reg. 67249), the Commonwealth of Puerto Rico, American Samoa, the United States Virgin Islands, Guam, the Commonwealth of the Northern Mariana Islands, Regional Fishery Management Councils as established under section 302 of the Magnuson-Stevens Fishery Conservation and Management Act ( 16 U.S.C. 1852 ), and interstate fisheries commissions to implement this Act, including— (A) procedures to issue, modify, deny, revoke, or suspend an offshore aquaculture permit in accordance with this Act; (B) procedures to coordinate the offshore aquaculture permitting process, with similar or complementary activities administered by other Federal agencies, federally recognized Indian Tribes, and coastal States; (C) procedures to monitor and evaluate permit compliance to verify and confirm compliance with the requirements of this Act; (D) procedures to transfer an offshore aquaculture permit from an original permit holder to a person that meets the requirements under section 202; (E) procedures to minimize conflicts with existing uses in the exclusive economic zone; (F) procedures to consider public-private partnerships; and (G) standards for determining what types of feed may be employed in an offshore aquaculture facility in accordance with the requirements of section 302; (2) shall promulgate such additional regulations as are necessary and appropriate to carry out this Act