Page:United States Statutes at Large Volume 122.djvu/1884

 12 2 STA T . 1 86 1 PUBLIC LA W 11 0– 2 4 6 —J U NE 18, 2008 near e stlow er d ollar i n c re m ent to re f lect c h an g es for the 12- month p eriod ending on the preceding Ju ne 30 in the C onsumer P rice I nde x for A ll U r b an Consumers published b y the B ureau of L abor S tatistics of the D epartment of Labor , for items other than food .’ ’ and ( 3 ) by adding at the end the following

‘(C) REQUIR E M E NT . —E ach ad j ustment under subpara- graphs (A)(ii)(II) and (B)(ii)(II) shall be based on the unrounded amount for the prior 12-month period.’’. SEC.4103 . S UP P ORTINGW OR K ING FAM I L IES WIT H CHIL D CARE E X PENSES. Section 5 (e)(3)(A) of the F ood and N utrition Act of 200 8 ( 7 U.S.C. 201 4 (e)(3)(A)) is amended by stri k ing ‘‘, the maximum allow- able le v el of which shall be $ 200 per month for each dependent child under 2 years of age and $175 per month for each other dependent,’’. SEC. 4104. ASSET INDEXATION , EDUCATION, AND RETIREMENT ACCOUNTS. (a) A DJ U S TIN G C O UNT ABL E RESOUR C ES F OR INFLATION.—Section (5)(g) of the Food and Nutrition Act of 2008 (7 U.S.C. 2014(g)) is amended— (1) by striking ‘‘(g)(1) T he Secretary’’ and inserting the following: ‘‘(g) ALLO W ABLE FINANCIAL RESOURCES.— ‘‘(1) TOTAL AMOUNT.— ‘‘(A) IN GENERAL.—The Secretary’’. (2) in subparagraph (A) (as so designated by paragraph (1))— (A) by inserting ‘‘(as adjusted in accordance with subparagraph (B))’’ after ‘‘$2,000’’; and (B) by inserting ‘‘(as adjusted in accordance with subparagraph (B))’’ after ‘‘$3,000’’; and (3) by adding at the end the following: ‘‘(B) ADJUSTMENT FOR INFLATION.— ‘‘(i) IN GENERAL.—Beginning on O ctober 1, 2008, and each October 1 thereafter, the amounts specified in subparagraph (A) shall be adjusted and rounded down to the nearest $250 increment to reflect changes for the 12-month period ending the preceding June in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor. ‘‘(ii) REQUIREMENT.—Each adjustment under clause (i) shall be based on the unrounded amount for the prior 12-month period.’’. (b) E X CLUSION OF RETIREMENT ACCOUNTS FROM ALLOWABLE FINANCIAL RESOURCES.— (1) IN GENERAL.—Section 5(g)(2)(B)(v) of the Food and Nutrition Act of 2008 (7 U.S.C. 2014(g)(2)(B)(v)) is amended by striking ‘‘or retirement account (including an individual account)’’ and inserting ‘‘account’’. (2) M ANDATOR Y AND DISCRETIONARY EXCLUSIONS.—Section 5(g) of the Food and Nutrition Act of 2008 (7 U.S.C. 2014(g)) is amended by adding at the end the following: Ef f ectiv e da te .

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