Page:United States Statutes at Large Volume 110 Part 3.djvu/395

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PUBLIC LAW 104-193—AUG. 22, 1996 110 STAT. 2125 shall not be considered to be an expenditure under this part. " (B) EXCEPTION RELATING TO TITLE XX PROGRAMS. — All amounts paid to a State under this part that are used to carry out State programs pursuant to title XX shall be used only for programs and services to children or their families whose income is less than 200 percent of the income official poverty line (as defined by the Office of Management and Budget, and revised annually in accordance with section 673(2) of the Omnibus Budget Reconciliation Act of 1981) applicable to a family of the size involved. " (e) AUTHORITY TO RESERVE CERTAIN AMOUNTS FOR ASSIST- ANCE.—^A State may reserve amounts paid to the State under this part for any fiscal year for the purpose of providing, without fiscal year limitation, assistance under the State program funded under this part. " (f) AUTHORITY TO OPERATE EMPLOYMENT PLACEMENT PROGRAM.—^A State to which a grant is made under section 403 may use the grant to make payments (or provide job placement vouchers) to State-approved public and private job placement agencies that provide employment placement services to individuals who receive assistance under the State program funded under this part. " (g) IMPLEMENTATION OF ELECTRONIC BENEFIT TRANSFER SYSTEM.—^A State to which a grant is made under section 403 is encouraged to implement an electronic benefit transfer system for providing assistance under the State program funded under this part, and may use the grant for such purpose. "(h) USE OF FUNDS FOR INDIVIDUAL DEVELOPMENT ACCOUNTS.— "(1) IN GENERAL.—^A State to which a grant is made under section 403 may use the grant to carry out a program to fund individual development accounts (as defined in paragraph (2)) established by individuals eligible for assistance under the State program funded under this part. " (2) INDIVIDUAL DEVELOPMENT ACCOUNTS. — "(A) ESTABLISHMENT.— Under a State program carried out under paragraph (1), an individual development account may be established by or on behalf of an individual eligible for assistance under the State program operated under this part for the purpose of enabling the individual to accumulate funds for a qualified purpose described in subparagraph (B). "(B) QUALIFIED PURPOSE.—A qualified purpose described in this subparagraph is 1 or more of the following, as provided by the qualified entity providing assistance to the individual under this subsection: "(i) POSTSECONDARY EDUCATIONAL EXPENSES. — Postsecondary educational expenses paid from an individu£d development account directly to an eligible educational institution. "(ii) FIRST HOME PURCHASE. —Qualified acquisition costs with respect to a qualified principal residence for a qualified first-time homebuyer, if paid from an individual development account directly to the persons to whom the amounts are due.