Section 155.1328 - Periodic evaluation requirements(a) The Secretary and the Secretary of the Treasury, as applicable, shall periodically evaluate the implementation of a program under a section 1332 waiver consistent with § 155.1308(f)(3)(iv) and any terms and conditions governing the section 1332 waiver.(b) Each periodic evaluation must include a review of the annual report or reports submitted by the State in accordance with § 155.1324 that relate to the period of time covered by the evaluation. 77 FR 11718 , Feb. 27, 2012, as amended at 86 FR 53505 , Sept. 27, 2021 86 FR 6178 , 3/15/2021; 86 FR 53412 , 11/26/2021