After consultation with the Department of Budget and Management, the Secretary of Planning shall adopt regulations that require a unit of the State government to submit information, as required in this section, on federal aid, including grants, instructional contracts, loans, research contracts, or other assistance. The regulations shall require a unit of the State government to obtain a State Application Identifier (SAI) from the Department of Planning. Each 6 months, a unit shall submit a summary notice to the Department of Planning if, during the 6-month period that the notice covers, the unit has received an award of federal aid in the form of an instructional contract, instructional grant, research contract, or research grant. The summary notice shall state the amount of the award. This subsection does not apply to an instructional contract, instructional grant, research contract, or research grant. When a unit applies for federal aid, the unit shall send to the Department of Planning a copy of the application. Within 30 days after a unit receives an award of federal aid, the unit shall submit to the Department of Planning a summary notice that states: the amount of the award; and if the award is conditioned on matching funds: the amount of those funds; the source of those funds; and the period for which those funds are required.