,,ii  #aaf? ,,congress  #a/ ,session    
,s4 #eci  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,febru>y #be1 #bjai,mr4
 ,w>n] 7= himself & ,mr4 ,coons7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to e/abli%        
,lifelong ,le>n+ & ,tra9+ ,acc\nt       
programs4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,lifelong ,le>n+ & ,tra9+  
,acc\nt ,act ( #bjai4  #b4 ,lifelong    
,le>n+ & ,tra9+ ,acc\nt programs  7a7 ,9
 g5]al ,"p ,,viii ( sub*apt] ,f ( *apt] 
#a ( ! ,int]nal ,rev5ue ,code ( #aihf is
 am5d$ by ins]t+ aft] section #ecj !    
foll[+ new section3  #eca4 ,lifelong    
,le>n+ & ,tra9+ ,acc\nt programs  7a7 ,9
 g5]al ,a ,lifelong ,le>n+ & ,tra9+     
,acc\nt program %all be exempt f        
taxation "u ?is subtitle4 ,not)/&+ !    
prec$+ s5t5ce1 su* program %all be      
subject to ! taxes impos$ by section    
#eaa4  7b7 ,lifelong ,le>n+ & ,tra9+    
,acc\nt program ,= purposes ( ?is       

section-- 7#a7 ,9 g5]al ,! t]m ,lifelong
 ,le>n+ & ,tra9+ ,acc\nt program means a
 program e/abli%$ & ma9ta9$ by a ,/ate  
or ag5cy or in/rum5tality !re(--  7,a7  
"u :i* ! designat$ b5efici>y ( ! acc\nt 
or _! employ] may make contributions to 
an acc\nt :i* is e/abli%$ = ! purpose ( 
meet+ ! qualifi$ tra9+ exp5ditures ( su*
 b5efici>y1 &  7,b7 :i* meets ! o!r     
requirem5ts ( ?is section4  7#b7        
,qualifi$ tru/ ,except to ! ext5t       
provid$ 9 regulations1 a program %all n 
be treat$ z a ,lifelong ,le>n+ & ,tra9+ 
,acc\nt program unless su* program      
provides t am\nts are held 9 a qualifi$ 
tru/ & su* program has receiv$ a rul+ or
 det]m9ation by ! ,secret>y t su*       
program meets ! applicable requirem5ts =
 a ,lifelong ,le>n+ & ,tra9+ ,acc\nt    
program4 ,= purposes ( ! prec$+ s5t5ce1 
! t]m qualifi$ tru/ means a tru/ :i* is 
creat$ or organiz$ 9 ! ,unit$ ,/ates = !
 exclusive b5efit ( designat$           
b5efici>ies & ) respect to :i* !        
requirem5ts ( p>agraphs 7#b7 & 7#e7 (   

section #djh7;a7 are met4  7#c7         
,requirem5ts  7,a7 ,9 g5]al ,a program  
%all n be treat$ z a ,lifelong ,le>n+ & 
,tra9+ ,acc\nt program unless x         
provides--  7i7 t contributions may only
 be made 9 ca%1  7ii7 sep>ate acc\nt+ = 
ea* designat$ b5efici>y1  7iii7 t no    
int]e/ 9 ! program or any portion !re(  
may be us$ z security = a loan1  7iv7 t 
no contributions may be made on behalf (
 a designat$ b5efici>y-- 7,i7 9 excess (
 #b1jjj dur+ any cal5d> ye>1  7,,ii7 if 
! total am\nt 9 ! acc\nt ( su* b5efici>y
 is 9 excess ( #ae1jjj1 or  7,,iii7 dur+
 any cal5d> ye> :i* beg9s aft] su*      
b5efici>y atta9s #eg ye>s ( age1  7v7 t 
any di/ribution %all be made 9          
accordance ) ! requirem5ts "u           
subp>agraphs 7,b7 & 7,c71 &  7vi7 t     
requir$ di/ributions %all be made 9     
accordance ) p>agraph 7#f74  7,b7 ,me?od
 ( di/ribution  7i7 ,9 g5]al ,= purposes
 ( any di/ribution f ! acc\nt ( a       
designat$ b5efici>y "u a ,lifelong      
,le>n+ & ,tra9+ ,acc\nt program--  7,i7 

! applicable am\nt ( su* di/ribution    
%all be drawn f am\nts transf]r$ to !   
acc\nt ( ! designat$ b5efici>y pursuant 
to p>agraph 7#d7 & any e>n+s !reon1 &   
7,,ii7 aft] application ( subclause     
7,i71 ! rema9d] ( su* di/ribution %all  
be drawn f am\nts contribut$ by !       
designat$ b5efici>y or _! employ] & any 
e>n+s !reon4  7ii7 ,applicable am\nt ,= 
purposes ( clause 7i77,i71 ! applicable 
am\nt %all be an am\nt equal to ! less] 
(-- 7,i7 #ej p]c5t ( ! am\nt ( !        
di/ribution1 or  7,,ii7 ! total am\nt ( 
any available funds 9 ! acc\nt ( !      
designat$ b5efici>y :i* 7 transf]r$     
pursuant to p>agraph 7#d7 & any e>n+s   
!reon4  7iii7 ,o!r me?ods ,! ,secret>y  
may am5d1 alt]1 or supplem5t !          
di/ribution requirem5ts "u ?is          
subp>agraph 9 su* mann] z ! ,secret>y   
deems appropriate4  7,c7 ,report+ ,=    
purposes ( any di/ribution f ! acc\nt ( 
a designat$ b5efici>y "u a ,lifelong    
,le>n+ & ,tra9+ ,acc\nt program1 !      
adm9i/rator %all provide ! b5efici>y & !

 ,secret>y ) su* in=mation z ! ,secret>y
 deems appropriate1 includ+--  7i7 !    
am\nt ( su* di/ribution1 includ+ !      
applicable am\nt ( su* di/ribution 7z   
describ$ 9 subp>agraph 7,b77ii771 &     
7ii7 :e!r su* di/ribution 0 provid$--   
7,i7 directly to ! program describ$ 9   
clauses 7i7 ?r\gh 7iii7 ( subsection    
7e77#e77;,a7 :i* provides tra9+ to !    
b5efici>y1 or  7,,ii7 to reimburse !    
b5efici>y = any qualifi$ tra9+          
exp5ditures incurr$ by su* b5efici>y4   
7#d7 ,mat*+ funds  7,a7 ,transf] to     
b5efici>y acc\nt  7i7 ,9 g5]al ,out (   
any moneys 9 ! ,treasury n o!rwise      
appropriat$1 ! ,secret>y %all transf] to
 ! acc\nt ( any designat$ b5efici>y "u a
 ,lifelong ,le>n+ & ,tra9+ ,acc\nt      
program an am\nt equal to any am\nts    
contribut$ to su* acc\nt by su*         
b5efici>y or _! employ] :i* occur dur+  
any cal5d> ye> :i* beg9s aft] ! date on 
:i* su* b5efici>y atta9s #bd ye>s ( age4
  7ii7 ,limitation ,any am\nts transf]r$
 by ! ,secret>y to ! acc\nt ( any       

designat$ b5efici>y pursuant to clause  
7i7 dur+ any cal5d> ye>--  7,i7 %all n  
exce$ #a1jjj1 &  7,,ii7 %all n be       
subject to ! limitation "u p>agraph     
7#c77;,a77iv77,i74  7,b7 ,deposit (     
mat*+ funds ,any am\nts requir$ to be   
transf]r$ to ! acc\nt ( a designat$     
b5efici>y "u subp>agraph 7,a7 %all be   
transf]r$ by ! ,secret>y z soon z is    
practicable foll[+ any contribution to  
su* acc\nt by su* b5efici>y or _!       
employ]4  7,c7 ,r$uction 9 mat*+ funds  
7i7 ,9 g5]al ,= ea* applicable taxable  
ye>1 ! doll> am\nt 9 subp>agraph        
7,a77ii77,i7 %all be r$uc$ 7b n bel[    
z]o7 by an am\nt equal to ! great] (--  
7,i7 an am\nt :i* be>s ! same ratio to  
su* doll> am\nt z-- 7aa7 ! am\nt 7n less
 ?an z]o7 equal to ! adju/$ gross income
 ( ! taxpay] = ! applicable taxable ye> 
m9us #gb1jjj1 be>s to  7bb7 #aj1jjj1 or 
7,,ii7 an am\nt :i* be>s ! same ratio to
 su* doll> am\nt z--  7aa7 ! am\nt 7n   
less ?an z]o7 equal to ! e>n$ income 7z 
describ$ 9 section #cb7;c77#b77 ( !     

designat$ b5efici>y = ! applicable      
taxable ye> m9us #gb1jjj1 be>s to  7bb7 
#aj1jjj4  7ii7 ,m>ri$ individuals ,9 !  
case ( a designat$ b5efici>y :o is m>ri$
 7)9 ! mean+ ( section #ggjc7--  7,i7 if
 su* b5efici>y has fil$ a jo9t return = 
! applicable taxable ye>1 ea* ( ! doll> 
am\nts "u clause 7i77,i7 %all be d\bl$ =
 su* ye>1 or  7,,ii7 if su* b5efici>y   
has n fil$ a jo9t return = ! applicable 
taxable ye>1 ! doll> am\nt 9 subp>agraph
 7,a77ii77,i7 %all be r$uc$ to z]o = su*
 ye>4  7iii7 ,applicable taxable ye> ,= 
purposes ( ?is subp>agraph1 ! t]m       
applicable taxable ye> means ! taxable  
ye> 9 :i* ! transf] describ$ 9          
subp>agraph 7,a77i7 is made to ! acc\nt 
( ! designat$ b5efici>y4  7iv7 ,excess  
transf]s ,if ! total am\nt ( any        
transf]s made to ! acc\nt ( a designat$ 
b5efici>y pursuant to subp>agraph       
7,a77i7 dur+ an applicable taxable ye>  
exce$s ! doll> am\nt "u subp>agraph     
7,a77ii77,i7 7aft] application ( clauses
 7i7 & 7ii77 = su* taxable ye>1 ! tax   

impos$ by ?is *apt] = su* taxable ye>   
%all be increas$ by ! am\nt ( su*       
excess4  7,d7 ,di/ribution ( mat*+ funds
  7i7 ,9 g5]al ,any di/ribution "u a    
,lifelong ,le>n+ & ,tra9+ ,acc\nt       
program made f am\nts transf]r$ pursuant
 to ?is p>agraph %all be made by !      
adm9i/rator--  7,i7 directly to !       
program describ$ 9 clauses 7i7 ?r\gh    
7iii7 ( subsection 7e77#e77;,a7 :i*     
provides tra9+ to ! designat$ b5efici>y1
 or  7,,ii7 to reimburse ! designat$    
b5efici>y = any qualifi$ tra9+          
exp5ditures incurr$ by su* b5efici>y1   
provid$ t ! b5efici>y has provid$ !     
adm9i/rator ) su* docum5tation z is     
deem$ necess>y to ensure compliance )   
clause 7ii74  7ii7 ,prohibition ,no     
am\nts transf]r$ pursuant to ?is        
p>agraph to any acc\nt ( a designat$    
b5efici>y "u a ,lifelong ,le>n+ & ,tra9+
 ,acc\nt program may be di/ribut$ = any 
purpose o!r ?an = paym5t or reimbursem5t
 ( qualifi$ tra9+ exp5ditures4  7,e7    
,additional r$uction = non-qualifi$     

di/ributions ,= purposes ( any am\nt ( a
 di/ribution "u a ,lifelong ,le>n+ &    
,tra9+ ,acc\nt program :i* is includible
 9 ! gross income ( ! designat$         
b5efici>y1 any available funds 9 !      
acc\nt ( su* b5efici>y :i* 7 transf]r$  
pursuant to ?is p>agraph 7& any e>n+s   
!reon7 %all also be r$uc$ by su* am\nt4 
7,f7 ,rescission ( mat*+ funds ,on      
,janu>y #a ( ! applicable cal5d> ye>1   
any available funds 9 ! acc\nt ( su*    
b5efici>y :i* 7 transf]r$ pursuant to   
?is p>agraph 7& any e>n+s !reon7 %all be
 r$uc$ to z]o4  7#e7 ,inve/m5t  7,a7 ,9 
g5]al ,any contributions or transf]s to 
a ,lifelong ,le>n+ & ,tra9+ ,acc\nt     
program 7& any e>n+s !reon7 %all be     
inve/$ by ! adm9i/rator 9 ,unit$ ,/ates 
,treasury securities ) a maturity date (
 n great] ?an #aj ye>s4  7,b7           
,secret>ial au?ority ,! ,secret>y may   
prescribe su* regulations1 rules1 or o!r
 guidance z may be necess>y or          
appropriate = purposes ( apply+ ?is     
p>agraph4  7#f7 ,requir$ di/ributions   

,on ,janu>y #a ( ! applicable cal5d>    
ye>1 ! total am\nt ( available funds 9 !
 acc\nt ( ! designat$ b5efici>y :i* 7   
contribut$ by ! designat$ b5efici>y or  
_! employ] 7& any e>n+s !reon7 %all be  
di/ribut$ to su* b5efici>y4  7c7 ,tax   
treatm5t  7#a7 ,9 g5]al ,except z       
o!rwise provid$ 9 ?is subsection1 no    
am\nt %all be includible 9 gross income 
(-- 7,a7 a designat$ b5efici>y "u a     
,lifelong ,le>n+ & ,tra9+ ,acc\nt       
program1 or  7,b7 an employ] ( su*      
b5efici>y t contributes to su* program  
on behalf ( su* b5efici>y1  ) respect to
 any di/ribution or e>n+s "u su*        
program4  7#b7 ,di/ributions  7,a7 ,9   
g5]al ,any di/ribution "u a ,lifelong   
,le>n+ & ,tra9+ ,acc\nt program %all be 
includible 9 ! gross income ( !         
di/ributee 9 ! mann] z provid$ "u       
section #gb to ! ext5t n exclud$ f gross
 income "u any o!r provision ( ?is      
*apt]4  7,b7 ,di/ributions = qualifi$   
tra9+ exp5ditures  7i7 ,9 g5]al ,9 !    
case ( any di/ributions1 if su*         

di/ributions d n exce$ ! qualifi$ tra9+ 
exp5ditures ( ! designat$ b5efici>y1 no 
am\nt %all be includible 9 gross income4
  7ii7 ,coord9ation ) o!r cr$its &      
d$uctions ,= purposes ( det]m9+ ! cr$it 
all[$ "u section #be;,a or ! d$uction   
all[$ "u section #bbb1 no di/ribution "u
 a ,lifelong ,le>n+ & ,tra9+ ,acc\nt    
program %all be includ$ z qualifi$      
tuition & relat$ exp5ses "u su*         
sections4  7,c7 ,*ange 9 b5efici>ies or 
programs  7i7 ,rollov]s ,subp>agraph    
7,a7 %all n apply to t portion ( any    
di/ribution :i*1 )9 #fj days ( su*      
di/ribution1 is transf]r$--  7,i7 to    
ano!r ,lifelong ,le>n+ & ,tra9+ ,acc\nt 
program = ! b5efit ( ! designat$        
b5efici>y1 or  7,,ii7 to ! cr$it ( ano!r
 designat$ b5efici>y "u a ,lifelong     
,le>n+ & ,tra9+ ,acc\nt program :o is a 
memb] ( ! family ( ! designat$ b5efici>y
 ) respect to :i* ! di/ribution 0 made4 
7ii7 ,*ange 9 designat$ b5efici>ies ,any
 *ange 9 ! designat$ b5efici>y ( an     
int]e/ 9 a ,lifelong ,le>n+ & ,tra9+    

,acc\nt program %all n be treat$ z a    
di/ribution = purposes ( subp>agraph    
7,a7 if ! new b5efici>y is a memb] ( !  
family ( ! old b5efici>y4  7iii7        
,limitation on c]ta9 rollov]s ,clause   
7i77,i7 %all n apply to any transf] if  
su* transf] occurs )9 #ab mon?s f ! date
 ( a previ\s transf] to any ,lifelong   
,le>n+ & ,tra9+ ,acc\nt program = !     
b5efit ( ! designat$ b5efici>y4  7iv7   
,mat*+ funds =feit$ ,9 ! case ( any     
transf] describ$ 9 clause 7i77,,ii7 or  
any *ange 9 ! designat$ b5efici>y ( an  
int]e/ 9 a ,lifelong ,le>n+ & ,tra9+    
,acc\nt program 7) ! exception ( any    
*ange due to ! dea? ( ! old b5efici>y71 
any am\nts transf]r$ to ! acc\nt ( !    
designat$ b5efici>y "u subsection       
7b77#d71 & any e>n+s !reon1 %all be     
r$uc$ 7b n bel[ z]o7 by an am\nt equal  
to ! total am\nt transf]r$ to any acc\nt
 ( any o!r b5efici>y4  7,d7 ,special    
rule = contributions ( refund$ am\nts ,9
 ! case ( a b5efici>y :o receives a     
refund ( any qualifi$ tra9+ exp5ditures 

f any program describ$ 9 clauses 7i7    
?r\gh 7iii7 ( subsection 7e77#e77;,a71  
subp>agraph 7,a7 %all n apply to t      
portion ( any di/ribution = ! taxable   
ye> :i* is recontribut$ to a ,lifelong  
,le>n+ & ,tra9+ ,acc\nt program ( :i*   
su* individual is a b5efici>y1 b only to
 ! ext5t su* recontribution is made n   
lat] ?an #fj days aft] ! date ( su*     
refund & does n exce$ ! refund$ am\nt4  
7#c7 ,e/ate tax treatm5t  7,a7 ,9 g5]al 
,no am\nt %all be includible 9 ! gross  
e/ate ( any individual = purposes (     
*apt] #aa by reason ( an int]e/ 9 a     
,lifelong ,le>n+ & ,tra9+ ,acc\nt       
program4  7,b7 ,am\nts includible 9     
e/ate ( designat$ b5efici>y 9 c]ta9     
cases ,subp>agraph 7,a7 %all n apply to 
am\nts di/ribut$ on acc\nt ( ! dea? ( a 
b5efici>y4  7#d7 ,o!r gift tax rules ,= 
purposes ( *apt]s #ab & #ac--  7,a7     
,treatm5t ( di/ributions ,except z      
provid$ 9 subp>agraph 7,b71 9 no ev5t   
%all a di/ribution f a ,lifelong ,le>n+ 
& ,tra9+ ,acc\nt program be treat$ z a  

taxable gift4  7,b7 ,treatm5t (         
designation ( new b5efici>y ,! taxes    
impos$ by *apt]s #ab & #ac %all apply to
 a transf] by reason ( a *ange 9 !      
designat$ b5efici>y "u ! program 7or a  
rollov] to ! acc\nt ( a new b5efici>y7  
unless ! new b5efici>y is--  7i7 assign$
 to ! same g5]ation z 7or a high]       
g5]ation ?an7 ! old b5efici>y 7det]m9$ 9
 accordance ) section #bfea71 &  7ii7 a 
memb] ( ! family ( ! old b5efici>y4     
7#e7 ,additional tax ,! tax impos$ by   
section #ecj7;d77#d7 %all apply to any  
paym5t or di/ribution f a ,lifelong     
,le>n+ & ,tra9+ ,acc\nt program 9 ! same
 mann] z su* tax applies to a paym5t or 
di/ribution f a ,cov]dell education     
sav+s acc\nt4  7d7 ,reports ,ea* (fic]  
or employee hav+ control ( ! ,lifelong  
,le>n+ & ,tra9+ ,acc\nt program or _!   
designee %all make su* reports reg>d+   
su* program to ! ,secret>y & to         
designat$ b5efici>ies ) respect to      
contributions1 transf]s1 di/ributions1 &
 su* o!r matt]s z ! ,secret>y may       

require4 ,! reports requir$ by ?is      
subsection %all be fil$ at su* "t & 9   
su* mann] & furni%$ to su* individuals  
at su* "t & 9 su* mann] z may be requir$
 by ! ,secret>y4  7e7 ,o!r def9itions & 
special rules ,= purposes ( ?is         
section-- 7#a7 ,adm9i/rator ,! t]m      
adm9i/rator means ! entity :i* e/abli%$ 
! ,lifelong ,le>n+ & ,tra9+ ,acc\nt     
program & ma9ta9s su* program1 z        
describ$ 9 subsection 7b77#a74  7#b7    
,applicable cal5d> ye> ,! t]m applicable
 cal5d> ye> means ! cal5d> ye> beg9n+   
aft] ! date on :i* a designat$ b5efici>y
 atta9$ #fj ye>s ( age4  7#c7 ,designat$
 b5efici>y ,! t]m designat$ b5efici>y   
means-- 7,a7 ! individual designat$ at !
 comm5cem5t ( p>ticipation 9 ! ,lifelong
 ,le>n+ & ,tra9+ ,acc\nt program z !    
b5efici>y ( am\nts paid 7or to be paid7 
to ! program1 or  7,b7 9 ! case ( a     
*ange 9 b5efici>ies describ$ 9          
subsection 7c77#b77;,c71 ! individual :o
 is ! new b5efici>y4  7#d7 ,memb] (     
family ,! t]m memb] ( ! family means an 

individual-- 7,a7 :o has atta9$ #be ye>s
 ( age1 &  7,b7 :o is1 ) respect to any 
designat$ b5efici>y-- 7i7 ! sp\se ( su* 
b5efici>y1  7ii7 an individual :o be>s a
 relation%ip to su* b5efici>y :i* is    
describ$ 9 subp>agraphs 7,a7 ?r\gh 7,g7 
( section #aeb7;d77#b71  7iii7 ! sp\se (
 any individual describ$ 9 clause 7ii71 
or  7iv7 any fir/ c\s9 ( su* b5efici>y4 
7#e7 ,qualifi$ tra9+ exp5ditures  7,a7  
,9 g5]al ,! t]m qualifi$ tra9+          
exp5ditures means any exp5ditures =     
tra9+ :i* results 9 ! atta9m5t ( a      
recogniz$ po/second>y cr$5tial & :i* is 
provid$ ?r\gh--  7i7 a program ( tra9+  
s]vices :i* is li/$ "u section #abb7;d7 
( ! ,work=ce ,innovation & ,opportunity 
,act 7#bi ,u4,s4,c4 #caeb7;d771  7ii7 a 
program :i* is conduct$ by an area c>e] 
& te*nical education s*ool1 a community 
college1 or a labor organization1 or    
7iii7 a program :i* is sponsor$ &       
adm9i/]$ by an indu/ry trade            
association1 indu/ry or sector p>tn]%ip1
 or labor organization4  7,b7 ,relat$   

def9itions ,= purposes ( subp>agraph    
7,a7-- 7i7 ,area c>e] & te*nical        
education s*ool ,! t]m area c>e] &      
te*nical education s*ool means su* a    
s*ool1 z def9$ 9 section #c ( ! ,c>l ,d4
 ,p]k9s ,c>e] & ,te*nical ,education    
,act ( #bjjf 7#bj ,u4,s4,c4 #bcjb71 :i* 
p>ticipates 9 a program "u t ,act 7#bj  
,u4,s4,c4 #bcja et seq474  7ii7         
,community college ,! t]m community     
college means an in/itution :i*-- 7,i7  
is a junior or community college z def9$
 9 section #cab7;f7 ( ! ,high]          
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajeh7;f771 except t ! in/itution ne$ n 
meet ! requirem5ts ( p>agraph 7#a7 ( t  
section2 &  7,,ii7 p>ticipates 9 a      
program "u title ,,iv ( t ,act 7#bj     
,u4,s4,c4 #ajgj et seq474  7iii7        
,indu/ry or sector p>tn]%ip ,! t]m      
indu/ry or sector p>tn]%ip has ! mean+  
giv5 su* t]m "u section #c ( ! ,work=ce 
,innovation & ,opportunity ,act 7#bi    
,u4,s4,c4 #cajb74  7iv7 ,indu/ry trade  
association ,! t]m indu/ry trade        

association means an organization :i*-- 
7,i7 is describ$ 9 p>agraph 7#c7 or 7#f7
 ( section #eja7;c7 & exempt f taxation 
"u section #eja7;a72 &  7,,ii7 is       
repres5t+ an indu/ry4  7v7 ,labor       
organization ,! t]m labor organization  
means a labor organization1 )9 ! mean+ (
 ! t]m 9 section #eja7;c77#e74  7vi7    
,recogniz$ po/second>y cr$5tial ,! t]m  
recogniz$ po/second>y cr$5tial means a  
cr$5tial consi/+ ( an indu/ry-recogniz$ 
c]tificate or c]tification1 a lic5se    
recogniz$ by ! ,/ate involv$ or ,f$]al  
,gov]nm5t1 or an associate or           
baccalaureate degree4  7,c7 ,exclusion  
,! t]m qualifi$ tra9+ exp5ditures %all n
 include any am\nts paid = meals1 lodg+1
 transportation1 or o!r s]vices         
incid5tal to any tra9+ describ$ 9       
subp>agraph 7,a74  7#f7 ,application (  
,section #ead ,an int]e/ 9 a ,lifelong  
,le>n+ & ,tra9+ ,acc\nt program %all n  
be treat$ z debt = purposes ( section   
#ead4  7f7 ,public aw>5ess  7#a7 ,9     
g5]al ,! ,secret>y %all conduct a public

 in=mation campaign1 utiliz+ paid       
adv]tis+1 to in=m ! public ( !          
availability ( ,lifelong ,le>n+ & ,tra9+
 ,acc\nt programs4  7#b7 ,au?orization (
 appropriations  7,a7 ,9 g5]al ,!re is  
au?oriz$ to be appropriat$ su* sums z   
are necess>y to c>ry out ?is subsection4
  7,b7 ,availability ,any sums          
appropriat$ "u ! au?orization conta9$ 9 
?is subsection %all rema9 available1 )\t
 fiscal ye> limitation1 until exp5d$4   
7g7 ,regulations ,not)/&+ any o!r       
provision ( ?is section1 ! ,secret>y    
%all prescribe su* regulations z may be 
necess>y or appropriate to c>ry out !   
purposes ( ?is section & to prev5t abuse
 ( su* purposes1 includ+ regulations "u 
*apt]s #aa1 #ab1 & #ac ( ?is title4  4  
7b7 ,con=m+ am5dm5ts  7#a7 ,section     
#ace7;d77#b77;,b7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by /rik+ sections
 #ebi7;c77#c77;,b7 & #ecj7;d77#b7 &     
ins]t+ sections #ebi7;c77#c77;,b71      
#ecj7;d77#b71 & #eca7;c77#b77;,b74  7#b7
 ,! table ( sections = "p ,,viii (      

sub*apt] ,f ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] ! item relat+ to section #ecj !   
foll[+ new item3  ,sec4 #eca4 ,lifelong 
,le>n+ & ,tra9+ ,acc\nt programs4  4    
7c7 ,adm9i/ration assi/ance  7#a7 ,9    
g5]al ,! ,secret>y ( ! ,treasury1 or !  
,secret>y's delegate 7ref]r$ to 9 ?is   
p>agraph z ! ,secret>y71 %all make a    
grant1 9 su* am\nt z ! ,secret>y        
det]m9es appropriate1 to ea* ,/ate or   
ag5cy or in/rum5tality !re( t has       
e/abli%$ & ma9ta9s a ,lifelong ,le>n+ & 
,tra9+ ,acc\nt program "u section #eca (
 ! ,int]nal ,rev5ue ,code ( #aihf 7z    
add$ by subsection 7a771 = purposes (   
adm9i/]+ su* program4  7#b7             
,au?orization ( appropriations ,!re are 
au?oriz$ to be appropriat$ su* sums z   
may be necess>y to c>ry out ! purposes (
 ?is subsection4  7d7 ,effective date ,!
 am5dm5ts made by ?is section %all apply
 to taxable ye>s beg9n+ aft] ! date ( ! 
enactm5t ( ?is ,act4