,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #diia ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,novemb] #h1 #bjai,ms4 ,gabb>d 7= h]self1 ,mr4 ,spano1 & ,mr4 ,lawson ( ,florida7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,vet]ans' ,affairs ,a ,,bill ,to am5d title #ch1 ,unit$ ,/ates ,code1 to e/abli% a pilot program "u :i* eligible individuals may elect to receive f9ancial assi/ance 9 lieu ( educational assi/ance "u ! ,po/-#i_/aa ,educational ,assi/ance ,program to e/abli% & op]ate a qualifi$ bus9ess ent]prise1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,po/-#i_/aa ,vet]an ,bus9ess ,accel]ation ,act4 #b4 ,pilot program to all[ eligible individuals to elect to receive f9ancial assi/ance 9 lieu ( ,po/-#i_/aa educational assi/ance to e/abli% & op]ate a qualifi$ bus9ess ent]prise 7a7 ,e/abli%m5t ( pilot program ,sub*apt] ,,iii ( *apt] #cc ( title #ch1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+ new section3 #ccbh4 ,pilot program to all[ election to receive f9ancial assi/ance to e/abli% & op]ate a small bus9ess 7a7 ,e/abli%m5t 7#a7 ,n lat] ?an ,janu>y #a1 #bjba1 ! ,secret>y1 9 collaboration ) ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration1 %all e/abli% a pilot program "u :i* an eligible individual may elect to receive f9ancial assi/ance1 9 lieu ( educational assi/ance "u ?is *apt]1 = a ?ree-ye> p]iod-- 7,a7 to e/abli% & op]ate a new qualifi$ bus9ess ent]prise2 or 7,b7 to op]ate an exi/+ qualifi$ bus9ess ent]prise4 7#b7 ,= purposes ( p>agraph 7#a71 an eligible individual is an individual :o-- 7,a7 is entitl$ to #cf mon?s ( educational assi/ance "u ?is *apt]2 7,b7 is n 9 bankruptcy proce$+s at ! "t ( application2 & 7,c7 has a cr$it score equal to or great] ?an ! m9imum cr$it score requir$ by ! ,adm9i/rator to receive a loan "u section #g7;a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a774 7b7 ,application process ,! ,secret>y %all e/abli% an application process to select individuals to p>ticipate 9 ! pilot program4 7c7 ,all[able exp5ses ,an individual may use f9ancial assi/ance "u ! pilot program = ! foll[+ exp5ses 9 connection ) ! e/abli%m5t or op]ation ( a qualifi$ bus9ess ent]prise3 7#a7 ,paym5t ( a mortgage or lease ) respect to prop]ty us$ regul>ly & exclusively to op]ate ! qualifi$ bus9ess ent]prise4 7#b7 ,utilities1 phone1 & comput] exp5ses4 7#c7 ,equipm5t1 furniture1 & ma*9]y4 7#d7 ,vehicles & travel exp5ses4 7#e7 ,prop]ty ma9t5ance co/s4 7#f7 ,insurance4 7#g7 ,wages1 sal>ies1 payroll taxes1 & b5efits4 7#h7 ,supplies & o!r (fice exp5ses4 7#i7 ,pr(essional fees1 includ+ legal & acc\nt+ s]vices4 7#aj7 ,adv]tis+ & m>ket+ co/s4 7#aa7 ,su* o!r exp5ses z ! ,secret>y det]m9es appropriate4 7d7 ,am\nt & paym5t ( f9ancial assi/ance 7#a7 ,! ,secret>y %all make available to an individual "u ! pilot program f9ancial assi/ance 9 ! foll[+ am\nts3 7,a7 ,9 ! fir/ ye> ( ! pilot program1 an am\nt equal to ! sum (-- 7i7 #bj1jjj2 & 7ii7 ! mon?ly am\nt ( ! basic all[ance = h\s+ payable "u section #djc ( title #cg = a memb] ) dep5d5ts 9 pay grade ,e-#e resid+ 9 ! milit>y h\s+ area t encompasses all or ! majority portion ( ! ,,zip code area 9 :i* is locat$ ! prim>y resid5ce ( ! individual1 multipli$ by #ab4 7,b7 ,9 ! second ye> ( ! pilot program1 #bj1jjj4 7,c7 ,9 ! ?ird ye> ( ! pilot program1 #bj1jjj4 7#b7 ,! ,secret>y %all make paym5ts "u ?is section z foll[s3 7,a7 ,9 ! fir/ ye> ( ! pilot program1 & z reque/$ by an individual "u ! program-- 7i7 =-- 7,i7 ! fir/ mon?1 9 a lump sum equal to #fj p]c5t ( ! total am\nt "u subsection 7d77#a77;,a72 & 7,,ii7 ea* subsequ5t mon?1 9 an am\nt equal to #dj p]c5t ( ! total am\nt "u su* subsection divid$ by #aa2 or 7ii7 on a mon?ly basis4 7,b7 ,9 ! second & ?ird ye> ( ! pilot program1 on a mon?ly basis4 7e7 ,exp5diture report+ & track+ sy/em ,! ,secret>y1 9 collaboration ) ! ,adm9i/rator1 %all e/abli% & op]ate a secure electronic report+ sy/em ?r\gh :i*-- 7#a7 an individual p>ticipat+ 9 ! pilot program may report-- 7,a7 exp5ditures ( a qualifi$ bus9ess ent]prise e/abli%$ or op]at$ "u ! pilot program2 & 7,b7 su* o!r in=mation z ! ,secret>y may require2 & 7#b7 ! ,secret>y may track exp5ditures & o!r in=mation report$ "u p>agraph 7#a74 7f7 ,review ( exp5ditures2 improp] use ( funds ,! ,secret>y %all-- 7#a7 at lea/ once e two mon?s1 review ! sy/em e/abli%$ "u subsection 7e7 to det]m9e :e!r an individual p>ticipat+ 9 ! pilot program is us+ f9ancial assi/ance "u ! pilot program = all[able exp5ses describ$ 9 subsection 7c72 & 7#b7 require an individual :o uses f9ancial assi/ance = a nonall[able exp5se to remit to ! ,secret>y an am\nt equal to ! am\nt us$ = ! nonall[able exp5se4 7g7 ,comb9ation ( b5efits ,! ,secret>y may all[ multiple individuals to use f9ancial assi/ance "u ! pilot program to e/abli% or op]ate a s+le qualifi$ bus9ess ent]prise4 7h7 ,tra9+ ,! ,secret>y1 9 collaboration ) ! ,adm9i/rator1 %all provide tra9+ to individuals p>ticipat+ 9 ! pilot program ) respect to ! e/abli%m5t & op]ation ( a bus9ess1 includ+ h[ to avoid becom+ a victim ( pr$atory l5d+4 7i7 ,)drawal f pilot program 7#a7 ,an individual1 ^u notice to ! ,secret>y1 may )draw f p>ticipation 9 ! pilot program at any "t prior to ! completion ( ! ?ree-ye> p]iod ( ! program4 7#b7 ,9 ! ev5t t an individual )draws f ! pilot program "u p>agraph 7#a71 ! ,secret>y %all-- 7,a7 det]m9e ! rema9+ educational assi/ance to :i* ! individual is entitl$ "u ?is *apt]2 & 7,b7 all[ ! individual to use su* rema9+ educational assi/ance 9 accordance ) ?is *apt]4 7j7 ,duration ,! ,secret>y %all c>ry out ! pilot program = a p]iod ( sev5 ye>s4 7k7 ,qualifi$ bus9ess ent]prise def9$ ,9 ?is section1 ! t]m qualifi$ bus9ess ent]prise means a bus9ess ent]prise engag$ 9 lawful activities "u-- 7#a7 ,f$]al law2 or 7#b7 ! law ( ! ,/ate 9 :i* ! bus9ess ent]prise is locat$4 4 7b7 ,con=m+ am5dm5t ,section #ccja ( su* title is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#e7 ,! t]m educational assi/ance "u ?is *apt] does n include f9ancial assi/ance "u section #ccbh4 4 7c7 ,cl]ical am5dm5t ,! table ( sections at ! beg9n+ ( *apt] #cc ( su* title is am5d$ by ins]t+ aft] ! item relat+ to section #ccbg ! foll[+ new item3 #ccbh4 ,pilot program to all[ election to receive f9ancial assi/ance to e/abli% & op]ate a small bus9ess4 4