,,ii  #aah? ,,congress  #a/ ,session    
,s4 #abcg  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #bj1 #bjbc,ms4  
,ern/ 7= h]self1 ,mr4 ,te/]1 ,mr4       
,grassley1 ,ms4 ,lummis1 ,mr4 ,ricketts1
 ,mr4 ,moran1 & ,mr4 ,braun7 introduc$ !
 foll[+ bill2 :i* 0 read twice & ref]r$ 
to ! ,committee on ,heal?1 ,education1  
,labor1 & ,p5sions  ,a ,,bill  ,to      
re/ore ! exemption ( family f>ms & small
 bus9esses f ! def9ition ( assets "u    
title ,,iv ( ! ,high] ,education ,act ( 
#aife4  #a4 ,%ort title ,?is ,act may be
 cit$ z ! ,family ,f>m & ,small ,bus9ess
 ,exemption ,act4  #b4 ,exempt+ family  
f>ms & small bus9esses f assets "u !    
,high] ,education ,act ( #aife  7a7 ,9  
g5]al ,section #dhj7;f77#b7 ( ! ,high]  
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajhgvv71 z am5d$ by section #gjb7l77#b7
 ( ! ,,fafsa ,simplification ,act 7title
 ,,vii ( division ,,ff ( ,public ,law   
#aaf-bfj2 #acd ,/at4 #cafc71 is fur!r   
am5d$-- 7#a7 by /rik+ net value ( ! &   
ins]t+ ! foll[+3 net value (-- 7,a7 !  2

  7#b7 by /rik+ ! p]iod at ! end &      
ins]t+ a semicolon2 &  7#c7 by add+ at !
 end ! foll[+3  7,b7 a family f>m on :i*
 ! family resides2 or  7,c7 a small     
bus9ess ) n m ?an #ajj full-"t or       
full-"t equival5t employees 7or any "p (
 su* a small bus9ess7 t is own$ &       
controll$ by ! family4  4  7b7          
,effective date ,! am5dm5ts made by     
subsection 7a7 %all take effect z if    
includ$ 9 ! ,,fafsa ,simplification ,act
 7title ,,vii ( division ,,ff ( ,public 
,law #aaf-bfj7 & subject to ! effective 
date ( section #gja7;b7 ( su* ,act1 z   
am5d$ by section #ajb7;a7 ( ! ,,fafsa   
,simplification ,act ,te*nical          
,corrections ,act 7division ,r ( ,public
 ,law #aag-ajc7 7includ+ ! au?orization 
provid$ "u section #ajb7;c77#a77;,a7 (  
su* ,act74