,i #aah? ,,congress #a/ ,session ,h4 ,r4 #dhhe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #be1 #bjbc,mr4 ,panetta introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to improve tra9+ requirem5ts = heal? pr(ession opportunity grant programs & exclude assi/ance provid$ by ^? programs f income tax1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,heal? ,c>e] ,advancem5t & ,remun]ation ,exclusion = ,tra9+ ,act or ! ,heal? ,,c>e ,tra9+ ,act4 #b4 ,tra9+ requirem5t = heal? pr(ession opportunity grant p>ticipants 7a7 ,9 g5]al ,section #bjjh7;a77#b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acig;g7a77#b77 is am5d$ by add+ at ! end ! foll[+3 7,d7 ,tra9+ ,a demon/ration project conduct$ by an eligible entity aw>d$ a grant "u ?is subsection %all provide to an eligible individual p>ticipat+ 9 ! project :o is be+ tra9$ to qualify = a recogniz$ po/-second>y cr$5tial 7includ+ an indu/ry-recogniz$ cr$5tial1 & a c]tificate aw>d$ by a local work=ce developm5t bo>d e/abli%$ "u section #ajg ( ! ,work=ce ,innovation & ,opportunity ,act7 :i* is aw>d$ 9 recognition ( atta9m5t ( measurable te*nical or occupational skills necess>y to ga9 employm5t or advance )9 an occupation1 a numb] ( h\rs ( su* tra9+ t is n less ?an-- 7i7 ! numb] ( h\rs ( tra9+ requir$ = c]tification ( t level ( skill by ! ,/ate 9 :i* ! project is conduct$2 or 7ii7 if !re is no su* requirem5t1 su* numb] ( h\rs ( tra9+ z ! ,secret>y f9ds is necess>y to a*ieve t skill level4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all take effect on ,octob] #a1 #bjbc4 #c4 ,exclusion ( assi/ance provid$ "u a heal? pr(essions work=ce demon/ration project f ,f$]al income tax 7a7 ,9 g5]al ,section #bjjh7;a77#b77;,a77ii7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acig;g7a77#b77;,a77ii77 is am5d$ to read z foll[s3 7ii7 ,income disreg>d ,am\nts paid to an eligible individual z a ca% /ip5d or z em]g5cy assi/ance "u a project = :i* a grant is made "u ?is section %all n be consid]$ income = any purpose "u ! ,int]nal ,rev5ue ,code ( #aihf1 & an entity mak+ su* a paym5t %all n be requir$ to submit an in=mation return "u subtitle ,f ( su* ,code ) respect to ! paym5t4 4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply ) respect to am\nts paid on or aft] ,octob] #a1 #bjbc4