,,ii #aaf? ,,congress #a/ ,session ,s4 #cjbe ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #aa1 #bjai,mr4 ,grassley 7= himself & ,mr4 ,wyd57 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to e/abli% innovation grants "u ! ,john ,h4 ,*afee ,fo/] ,c>e ,program = ,successful ,transition to ,adul?ood to improve adul?ood outcomes = y\? ag+ out ( fo/] c>e1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,increas+ ,opportunity = ,=m] ,fo/] ,y\? ,act4 #b4 ,*afee innovation grants 7a7 ,9 g5]al ,section #dgg ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fgg7 is am5d$ by add+ at ! end ! foll[+3 7k7 ,innovation grants ,to improve adul?ood outcomes = transition-,age fo/] y\? 7#a7 ,purpose ,! purpose ( ?is subsection is to support ! developm5t ( programs t improve outcomes = transition-age fo/] y\?1 specifically by id5tify+ programs ) evid5ce ( effectiv5ess1 det]m9+ if !y c be replicat$ ) fidelity & demon/rate results1 & scal+ up successful programs s m y\? receive effective s]vices t help !m to transition successfully to adul?ood4 7#b7 ,def9itions ,9 ?is subsection3 7,a7 ,adul?ood outcomes ,! t]m adul?ood outcomes means outcomes 9 employm5t1 education1 h\s+1 m5tal heal?1 physical heal?1 f9ancial /ability1 p]man5cy1 & crim9al involvem5t4 7,b7 ,eligible entity ,! t]m eligible entity means-- 7i7 a ,/ate *ild welf>e ag5cy2 7ii7 a local *ild welf>e ag5cy2 7iii7 a tribal *ild welf>e ag5cy ( an ,indian tribe or tribal organization op]at+ a program "u ?is "p 7includ+ z "p ( a tribal consortium71 9 accordance ) section #dgi;,b2 or 7iv7 a non-gov]nm5tal organization t has exp]i5ce work+ ) transition-age fo/] y\?4 7,c7 ,mod]ate evid5ce ( effectiv5ess ,! t]m mod]ate evid5ce ( effectiv5ess means t ! results ( at lea/ #a well-design$ & well-implem5t$ quasi-exp]im5tal /udy ( a program demon/rates a /ati/ically significant1 sizable1 & su/a9$ effect on improv+ #a or m adul?ood outcomes = transition-age fo/] y\? & ! ov]all weight ( ! evid5ce %[s mean+ful b5efits = program p>ticipants4 7,d7 ,prelim9>y evid5ce ( effectiv5ess ,! t]m prelim9>y evid5ce ( effectiv5ess means t prior /udies ( a program1 key compon5ts ( a program1 or simil> programs sugge/ pot5tial = sizable1 & su/a9$ effects on improv+ adul?ood outcomes = transition-age fo/] y\? b ! ov]all weight ( ! evid5ce does n yet con/itute mod]ate or /rong causal evid5ce ( su* effects4 7,e7 ,/rong evid5ce ( effectiv5ess ,! t]m /rong evid5ce ( effectiv5ess means t ! results ( at lea/ #a well-design$ & well-implem5t$ exp]im5tal /udy ( a program demon/rates a /ati/ically significant1 sizable1 & su/a9$ effect on improv+ #a or m adul?ood outcomes = transition-age fo/] y\? & ! ov]all weight ( ! evid5ce %[s mean+ful b5efits = program p>ticipants4 7,f7 ,transition-age fo/] y\? ,! t]m transition-age fo/] y\? means individuals :o h exp]i5c$ fo/] c>e at age #ad or old]4 7#c7 ,innovation grants 7,a7 ,au?ority to aw>d grants ,! ,secret>y %all aw>d ! foll[+ types ( innovation grants to eligible entities to improve adul?ood outcomes = transition-age fo/] y\? ?r\gh ! developm5t1 validation1 & dissem9ation ( evid5ce-bas$ effective programs = improv+ adul?ood outcomes = transition-age fo/] y\?3 7i7 ,developm5t grants ,developm5t grants to c>ry out programs ) prelim9>y evid5ce ( effectiv5ess 9 improv+ adul?ood outcomes = transition-age fo/] y\?4 7ii7 ,validation grants ,validation grants to c>ry out programs ) mod]ate evid5ce ( effectiv5ess 9 improv+ adul?ood outcomes = transition-age fo/] y\?4 7iii7 ,replication grants ,replication grants to c>ry out programs ) /rong evid5ce ( effectiv5ess 9 improv+ adul?ood outcomes = transition-age fo/] y\?4 7,b7 ,proportion ( diff]5t types ( grants aw>d$ ,to ! ext5t feasible & practicable1 ! ,secret>y %all aw>d developm5t1 validation1 & replication grants 9 equal proportion1 b %all aw>d validation & replication grants only to ! ext5t ! programs propos$ to be c>ri$ out ) su* grants meet ! evid5ce requirem5ts = ! applicable type ( grant to be aw>d$4 7,c7 ,numb] ( grants ,! ,secret>y %all aw>d at lea/ #aj1 b n m ?an #ae1 innovation grants "u ?is subsection4 7,d7 ,tribal *ild welf>e ag5cy ,at lea/ #a innovation grant %all be res]v$ = aw>d+ to an eligible entity describ$ 9 p>agraph 7#b77;,b77iii71 unless no su* eligible entity meets ! application requirem5ts4 7#d7 ,duration ,ea* innovation grant aw>d$ "u ?is subsection %all be aw>d$ = a p]iod ( n less ?an #e ye>s4 7#e7 ,am\nt ( grant ,! am\nt ( an innovation grant aw>d$ "u ?is subsection %all be proportional to ! level ( fund+ necess>y to implem5t & evaluate ! propos$ program at a scale t c be evaluat$ rigor\sly1 z describ$ 9 p>agraph 7#e77;,f74 7#f7 ,application requirem5ts ,9 ord] to be eligible = an innovation grant "u ?is subsection1 an eligible entity %all submit to ! ,secret>y an application conta9+ ! foll[+3 7,a7 ,program design ,a description ( ! propos$ program to be c>ri$ out us+ am\nts aw>d$ "u ! grant1 includ+ ! t>get population ( transition-age fo/] y\? to be s]v$ by ! program1 :i* may be #a or m ( ! foll[+ populations3 7i7 ,transition-age fo/] y\? :o are homeless or at high risk ( homelessness4 7ii7 ,transition-age fo/] y\? ) emotional or behavioral *all5ges4 7iii7 ,transition-age fo/] y\? :o are n engag$ 9 employm5t1 education1 or tra9+4 7iv7 ,transition-age fo/] y\? :o are expectant or p>5t+4 7v7 ,transition-age fo/] y\? exp]i5c+ f9ancial in/ability4 7vi7 ,transition-age fo/] y\? ) a hi/ory ( juv5ile ju/ice or crim9al involvem5t or :o are at risk ( crim9al involvem5t4 7vii7 ,transition-age fo/] y\? plac$ 9 ano!r plann$ p]man5t liv+ arrangem5t subject to section #dge;,a7a74 7viii7 ,transition-age fo/] y\? :o exit$ fo/] c>e )\t p]man5cy4 7ix7 ,transition-age fo/] y\? at risk ( exp]i5c+ negative outcomes 9 adul?ood n describ$ 9 a prec$+ clause ( ?is subp>agraph4 7,b7 ,adul?ood outcomes measur$ ,a description ( ! adul?ood outcomes t w\ld be measur$ "u ! program4 7,c7 ,program model ,! logic model = ! propos$ program & :e!r ! program has /rong1 mod]ate1 or prelim9>y evid5ce4 7,d7 ,collaborative p>tn]%ip ,an assurance t-- 7i7 if ! eligible entity is a ,/ate1 c\nty1 or tribal *ild welf>e ag5cy1 ! eligible entity w e/abli% #a or m p>tn]%ips ) non-gov]nm5tal organizations or entities = purposes ( collaborat+ on ! implem5tation & evaluation ( ! program fund$ "u ! grant2 & 7ii7 if ! eligible entity is a non-gov]nm5tal organization1 ! eligible entity w e/abli% a p>tn]%ip ) ! ,/ate1 or a c\nty or tribal *ild welf>e ag5cy on ! implem5tation & evaluation ( ! program fund$ "u ! grant4 7,e7 ,fund+ assurance 7i7 ,9 g5]al ,subject to clause 7ii71 an assurance t n less ?an #ej p]c5t ( ! am\nts exp5d$ by ! eligible entity to c>ry out ! program fund$ "u ! innovation grant %all be provid$ f non-,f$]al s\rces 7:i* may be 9 ca% or 9 k9d7 compos$ ( ! foll[+3 7,i7 ,n less ?an #bj p]c5t ( ! am\nts exp5d$ by ! eligible entity %all be d]iv$ f ,/ate exp5ditures t are n f am\nts made available to ! ,/ate by ! ,f$]al ,gov]nm5t or am\nts exp5d$ z a condition ( receiv+ ,f$]al funds 7o!r ?an "u ?is subsection74 7,,ii7 ,n less ?an #cj p]c5t ( am\nts exp5d$ by ! eligible entity %all be d]iv$ f exp5ditures made by a collaborative p>tn] ( ! eligible entity t are n f am\nts made available to ! p>tn] by ! ,f$]al ,gov]nm5t or am\nts exp5d$ z a condition ( receiv+ ,f$]al funds 7o!r ?an "u ?is subsection74 7ii7 ,exception ,clause 7i7 %all be appli$ to an eligible entity describ$ 9 p>agraph 7#b77;,b77iii7 by sub/itut+ #cj p]c5t = #ej p]c5t & )\t reg>d to subclause 7,i74 7,f7 ,program evaluation ,assurances t ! eligible entity w 79 accordance ) guidel9es proscrib$ by ! ,secret>y 9 coord9ation ) ! ,deputy ,assi/ant ,secret>y = ,plann+1 ,rese>* & ,evaluation7 use su* am\nts ( ! innovation grant aw>d$ to ! entity z is adequate to-- 7i7 h a rigor\s1 ?ird-p>ty evaluation ( ! program t employs exp]im5tal designs1 us+ r&om assignm5t :5ev] feasible1 & o!r rese>* me?odologies t all[ = ! /ronge/ possible causal inf]5ces :5 r&om assignm5t is n feasible2 7ii7 conduct an analysis ( co/s & b5efits ( ! program2 & 7iii7 adh]e to an evaluation plan t is develop$ ) #a or m collaborative p>tn]s ( ! eligible entity4 7,g7 ,o!r in=mation or assurances ,su* o!r in=mation or assurances z ! ,secret>y may require4 7#g7 ,pref]5ce 9 aw>d+ grants ,9 aw>d+ innovation grants "u ?is subsection1 ! ,secret>y %all give pref]5ce to grant applications to c>ry out propos$ int]v5tions t h prior evid5ce ( mean+fully improv+ ! greate/ numb] ( outcomes4 7#h7 ,te*nical assi/ance2 dissem9ation ( f9d+s ,! ,secret>y %all 7directly1 or by contract or a coop]ative agreem5t ) #a or m organizations ) relevant exp]tise7-- 7,a7 provide te*nical assi/ance to eligible entities aw>d$ innovation grants "u ?is subsection to ensure t-- 7i7 implem5tation ( ! programs fund$ "u su* grants adh]es fai?fully to ! key elem5ts ( ! program models2 & 7ii7 ! ?ird-p>ty evaluations ( su* programs are design$ & implem5t$ ) sci5tific rigor1 z describ$ 9 p>agraph 7#f77;,f72 & 7,b7 ensure t f9d+s f su* evaluations are dissem9at$ to support broad implem5tation & scal+ up ( successful approa*es4 7#i7 ,fund+ 7,a7 ,9 g5]al ,9 addition to ! am\nts made available = a fiscal ye> "u subsection 7h7 to c>ry out ?is section & paid to ,/ates "u section #dgd7;a77#d71 out ( any money 9 ! ,treasury ( ! ,unit$ ,/ates n o!rwise appropriat$1 !re are appropriat$ #bj1jjj1jjj = ea* ( fiscal ye>s #bjba ?r\gh #bjbe to c>ry out ?is subsection4 7,b7 ,te*nical assi/ance ,n m ?an #e p]c5t ( ! am\nt appropriat$ "u subp>agraph 7,a7 to c>ry out ?is subsection = a fiscal ye> may be us$ to provide te*nical assi/ance & dissem9ate f9d+s "u p>agraph 7#h74 4 7b7 ,report ,n lat] ?an ,octob] #a1 #bjbb1 & p]iodically !reaft]1 ! ,secret>y ( ,heal? & ,human ,s]vices %all submit to ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate a report on ! innovation grants aw>d$ "u section #dgg7k7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fgg7k77 7z add$ by subsection 7a77 & ! f9d+s f ! programs fund$ ) su* grants z su* f9d+s become available1 includ+ ! impact ( ! int]v5tions on outcomes = transition-age fo/] y\?4 ,ea* report submitt$ "u ?is subsection %all include recomm5dations = legislation & adm9i/rative action bas$ on su* f9d+s4 7c7 ,te*nical assi/ance & o!r activities ,subsection 7g7 ( section #dgg ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fgg7 is am5d$ to read z foll[s3 7g7 ,te*nical assi/ance & o!r activities ,! ,secret>y %all res]ve #a p]c5t ( ! am\nt specifi$ 9 subsection 7h7 = a fiscal ye> to c>ry out1 dur+ ! fiscal ye>1 evaluation1 te*nical assi/ance1 p]=mance measurem5t1 & data collection activities relat$ to ?is section1 directly or ?r\gh grants1 contracts1 or coop]ative agreem5ts ) appropriate entities4 4 7d7 ,con=m+ am5dm5ts ,section #dgi;,b7f7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fgi;c7f77 is am5d$-- 7#a7 by /rik+ section #dgg7;j7 & ins]t+ subsections 7j7 & 7k7 ( section #dgg2 & 7#b7 by ins]t+ or #dgg7k7 aft] #dgd7;e74 #c4 ,increas+ ,*ild ,support ,paym5ts to ,families 7a7 ,report+ ( nonemployees to ,directories ( ,new ,hires ,section #dec;,a ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fec;a7 is am5d$-- 7#a7 9 subsection 7a77#a77;,a71 by /rik+ by employ]s on ea* newly hir$ employee2 7#b7 9 subsection 7b7-- 7,a7 9 ! subsection head+1 by /rik+ ,employ] & ins]t+ ,report$2 7,b7 9 p>agraph 7#a7-- 7i7 9 subp>agraph 7,a7-- 7,i7 by /rik+ ,except z provid$ & ins]t+ ! foll[+3 7i7 ,employees ,except z provid$ 2 7,,ii7 by /rik+ id5tify+ numb] & ins]t+ employ] id5tification numb]2 7,,iii7 by ins]t+ 79 ?is section ref]r$ to z ! employ] id5tification numb]7 aft] "u section #faji ( ! ,int]nal ,rev5ue ,code ( #aihf2 & 7,,iv7 by add+ at ! end ! foll[+ new clause3 7ii7 ,nonemployees ,except z provid$ 9 subp>agraphs 7,b7 & 7,c71 if a s]vice-recipi5t is requir$ to make a return 9 accordance ) section #fjda;,a7a7 ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to a nonemployee1 su* s]vice-recipi5t %all furni% to ! ,directory ( ,new ,hires ( ! ,/ate 9 :i* su* nonemployee works1 a report t conta9s ! "n1 address1 & social security numb] ( or id5tify+ numb] assign$ "u section #faji ( ! ,int]nal ,rev5ue ,code 79 ?is section ref]r$ to z ! id5tify+ numb]7 to su* nonemployee1 ! date s]vices = remun]ation 7 fir/ p]=m$ by su* nonemployee1 & ! "n1 address1 & employ] id5tification numb] ( ! s]vice-recipi5t4 2 7ii7 9 subp>agraph 7,b7-- 7,i7 9 ! subp>agraph head+1 by /rik+ employ]s & ins]t+ report+2 7,,ii7 by /rik+ ,an employ] & ins]t+ ! foll[+3 7i7 ,employees ,an employ] t has employees 2 7,,iii7 by ins]t+ 7i7 aft] subp>agraph 7,a7 ea* place x appe>s2 7,,iv7 by /rik+ ! second s5t5ce2 & 7,v7 by add+ at ! end ! foll[+3 7ii7 ,nonemployees ,a s]vice-recipi5t requir$ to make returns 9 accordance ) section #fjda;,a7a7 ( ! ,int]nal ,rev5ue ,code ) respect to nonemployees locat$ 9 #b or m ,/ates & t transmits reports magnetically or electronically may comply ) subp>agraph 7,a77ii7 by designat+ #a ,/ate 9 :i* any su* nonemployee is locat$ to :i* ! s]vice-recipi5t w transmit ! report describ$ 9 subp>agraph 7,a77ii71 & transmitt+ su* report to su* ,/ate4 7iii7 ,designation ,any employ] or s]vice-recipi5t t transmits reports pursuant to ?is subp>agraph %all notify ! ,secret>y 9 writ+ z to :i* ,/ate su* employ] or s]vice-recipi5t designates = ! purpose ( s5d+ reports4 2 & 7iii7 9 subp>agraph 7,c7-- 7,i7 9 ! subp>agraph head+1 by /rik+ employ]s2 & 7,,ii7 by /rik+ report & ins]t+ reports2 & 7,c7 9 p>agraph 7#b7-- 7i7 9 ! matt] t prec$es subp>agraph 7,a71 by /rik+ ) respect to an employee2 7ii7 9 subp>agraph 7,a7-- 7,i7 by ins]t+ ) respect to an employee1 be=e n lat] ?an #bj days2 & 7,,ii7 by /rik+ or aft] ! semicolon2 7iii7 by r$esignat+ subp>agraph 7,b7 z subp>agraph 7,c72 7iv7 by ins]t+ aft] subp>agraph 7,a7 ! foll[+ new subp>agraph3 7,b7 ) respect to a nonemployee1 n lat] ?an #bj days aft] ! e>li] (-- 7i7 fir/ mak+ paym5ts z a consequ5ce ( :i* a return 9 accordance ) section #fjda;,a7a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is requir$ to be made2 or 7ii7 ent]+ into a contract provid+ = su* paym5ts2 or 2 & 7v7 9 subp>agraph 7,c71 z r$esignat$ by clause 7iii71 by /rik+ 9 ! case ( an employ] transmitt+ reports & ins]t+ 9 ! case ( reports transmitt$2 7#c7 9 subsection 7c71 by ins]t+ or s]vice-recipi5t aft] at ! option ( ! employ]2 7#d7 9 subsection 7d7-- 7,a7 9 ! head+1 by ins]t+ & ,s]vice-,recipi5ts aft] ,employ]s2 7,b7 9 p>agraph 7#a71 by ins]t+ or nonemployee aft] employee2 & 7,c7 9 p>agraph 7#b7-- 7i7 by ins]t+ or s]vice-recipi5t aft] employ]2 & 7ii7 by ins]t+ or nonemployee1 respectively1 aft] employee2 7#e7 9 subsection 7e7-- 7,a7 9 ! subsection head+1 by /rik+ ,employ]2 & 7,b7 by /rik+ f an employ]2 7#f7 9 subsection 7f7-- 7,a7 9 p>agraph 7#a72 7i7 by ins]t+ & id5tify+ numb]s aft] social security numb]s ea* place x appe>s2 & 7ii7 by /rik+ by employ]s be=e pursuant to subsection 7b72 & 7,b7 9 p>agraph 7#b7-- 7i7 by ins]t+ or id5tify+ numb] aft] social security numb] ea* place x appe>s2 7ii7 by /rik+ employee & ins]t+ individual2 & 7iii7 by /rik+ & ! "n & address (1 & id5tify+ numb] assign$ "u section #faji ( ! ,int]nal ,rev5ue ,act ( #aihf to1 ! employ] & ins]t+ & ! "n1 address1 & employ] id5tification numb] ( ! employ] or s]vice-recipi5t2 7#g7 9 subsection 7g77#b77;,a71 by ins]t+ or nonemployee aft] newly hir$ employee2 & 7#h7 9 subsection 7h71 by /rik+ by employ]s ea* place x appe>s4 7b7 ,assi/+ 9 id5tify+ assets across ,/ate l9es 7#a7 ,duties ( ! secret>y ,subsection 7l7 ( section #deb ( ! ,social ,security ,act 7#db ,u4,s4,c4 #feb7 is am5d$ to read z foll[s3 7l7 ,assets held by f9ancial in/itutions 7#a7 ,9 g5]al ,! ,secret>y1 ?r\gh ! ,f$]al ,p>5t ,locator ,s]vice1 is au?oriz$-- 7,a7 to assi/ ,/ate ag5cies op]at+ programs "u ?is "p & f9ancial in/itutions 7z def9$ 9 section #dfi;,a7d77#a77 9 rea*+ agreem5ts reg>d+ ! receipt f su* in/itutions1 & ! transf] to ! ,/ate ag5cies1 ( in=mation t may be provid$ pursuant to section #dff7;a77#ag77;,a77i7 or #dfi;,a7a72 7,b7 to p]=m data mat*es comp>+ in=mation f su* ,/ate ag5cies & f9ancial in/itutions ent]+ into su* agreem5ts ) respect to individuals ow+ pa/ due support2 & 7,c7 ^u ,/ate reque/1 us+ =mats prescrib$ by ! ,secret>y1 to s5d a notice ( li5 on assets1 held by su* f9ancial in/itutions1 ( individuals id5tifi$ ?r\gh su* data mat*es :o owe pa/-due support4 7#b7 ,liability ,a f9ancial in/itution %all n be liable "u any ,f$]al law to any p]son-- 7,a7 = encumb]+ any assets held by su* f9ancial in/itution 9 response to a notice ( li5 s5t by ! ,secret>y z provid$ = 9 p>agraph 7#a77;,c72 or 7,b7 = any o!r action tak5 9 good fai? to comply ) p>agraph 7#a74 7#c7 ,treatm5t ( disclosures ,= purposes ( section #aaac7;d7 ( ! ,"r to ,f9ancial ,privacy ,act ( #aigh1 a disclosure pursuant to ?is subsection %all be consid]$ a disclosure pursuant to a ,f$]al /atute4 4 7#b7 ,/ate duties 7,a7 ,li5s on bank acc\nts ,section #dff7;a77#d77;,a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fff7;a77#d77;,a77 is am5d$ by ins]t+ 1 includ+ bank acc\nts1 aft] p]sonal prop]ty4 7,b7 ,li5s aris+ 9 ano!r /ate ,section #dff7;a77#d77;,b7 ( su* ,act 7#db ,u4,s4,c4 #fff7;a77#d77;,b77 is am5d$ by /rik+ 1 :5 ! ,/ate ag5cy1 p>ty1 or o!r entity & all t foll[s & ins]t+ a p]iod4 7,c7 ,f$]al notices ( li5 ,section #dff7;a77#ag77;,a7 ( su* ,act 7#db ,u4,s4,c4 #fff7;a77#ag77;,a77 is am5d$-- 7i7 9 clause 7i71 by /rik+ & aft] ! semicolon2 7ii7 9 clause 7ii71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iii7 by add+ at ! end ! foll[+ new clause3 7iii7 9 response to a notice ( li5 s5t by ! ,secret>y1 to encumb] assets held by su* in/itution on behalf ( any noncu/odial p>5t :o is subject to a *ild support li5 pursuant to p>agraph 7#d74 4 7,d7 ,uni=m notices ( li5 ,section #dff7;a77#ag77;,a77ii7 ( su* ,act 7#db ,u4,s4,c4 #fff7;a77#ag77;,a77ii771 z am5d$ by subp>agraph 7,c77ii71 is am5d$ by ins]t+ 9 su* =mat & conta9+ su* in=mation z ! ,secret>y may require1 aft] notice ( li5 or levy14 7,e7 ,reimbursem5t ( ,f$]al co/s ,p>agraph 7#c7 ( section #dec7k7 ( su* ,act 7#db ,u4,s4,c4 #fec7k77#c77 is am5d$-- 7i7 9 ! head+1 by ins]t+ & en=cem5t s]vices aft] in=mation2 7ii7 by ins]t+ or en=cem5t s]vices aft] t receives in=mation2 7iii7 by /rik+ or section #deb7m7 & ins]t+ or subsection 7l7 or 7m7 ( sections #deb2 & 7iv7 by /rik+ 9 furni%+ ! in=mation & ins]t+ 9 furni%+ su* in=mation or en=cem5t s]vices4 7#c7 ,con=m+ am5dm5t ,section #dfi;,a7a7 ( su* ,act 7#db ,u4,s4,c4 #ffi;a7a77 is am5d$ by ins]t+ section #deb7l7 or be=e section #dff7;a77#ag77;,a74 7c7 ,all[+ s+le-,/ate f9ancial in/itutions ,to p>ticipate 9 ! f9ancial in/itution data mat* ,section #dff7;a77#ag77;,a77i7 ( su* ,act 7#db ,u4,s4,c4 #fff7;a77#ag77;,a77i77 is am5d$ by /rik+ 9 ! case ( f9ancial in/itutions do+ bus9ess 9 two or m ,/ates4 7d7 ,report on )hold+ practices = indep5d5t contractors ,n lat] ?an ,decemb] #cj1 #bjbj1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all issue a report on ,/ate rules & practices 9 relation to income )hold+ = nonemployees & h[ !y are simil> to or diff]5t f ^? applicable to employees "u ! ,consum] ,cr$it ,protection ,act 7#ae ,u4,s4,c4 #afja et seq474 7e7 ,effective date 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 ! am5dm5ts made by ?is section take effect on ,janu>y #a1 #bjba4 7#b7 ,delay if ,/ate legislation requir$ ,9 ! case ( a ,/ate plan "u "p ,d ( title ,,iv ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fea et seq47 :i* ! ,secret>y ( ,heal? & ,human ,s]vices det]m9es requires ,/ate legislation 9 ord] = ! respective plan to meet ! additional requirem5ts impos$ by ! am5dm5ts made by ?is section1 ! respective plan %all n be reg>d$ z fail+ to comply ) ! requirem5ts ( su* "p solely on ! basis ( its failure to meet su* additional requirem5t be=e ! fir/ day ( ! fir/ cal5d> qu>t] beg9n+ aft] ! close ( ! fir/ regul> session ( ! ,/ate legislature t beg9s aft] ! date ( enactm5t ( ?is section4 ,= purposes ( ! previ\s s5t5ce1 9 ! case ( a ,/ate t has a #b-ye> legislative session1 ea* ye> ( ! session %all be consid]$ to be a sep>ate regul> session ( ! ,/ate legislature4