114 STAT. 2763A-76 PUBLIC LAW 106-554—APPENDIX A (b) TRANSITIONAL DEADLINE. —Notwithstanding the amendment made by subsection (a), the submission of the initial report of a quaHfied entity under section 412(c) shall not be required prior to the date that is 90 days after the date of enactment of this title. SEC. 608. REVISED INTERIM EVALUATION REPORT DEADLINE. (a) IN GENERAL.—Section 414(d)(1) of the Assets for Independence Act (42 U.S.C. 604 note) is amended by striking "calendar" and inserting "project". (b) TRANSITIONAL DEADLINE.— Notwithstanding the amendment made by subsection (a), the submission of the initial interim report of the Secretary under section 412(c) shall not be required prior to the date that is 90 days after the date of enactment of this title. SEC. 609. INCREASED APPROPRIATIONS FOR EVALUATION EXPENSES. Subsection (e) of section 414 of the Assets for Independence Act (42 U.S.C. 604 note) is amended to read as follows: "(e) EVALUATION EXPENSES.—Of the amount appropriated under section 416 for a fiscal year, the Secretary may expend not more than $500,000 for such fiscal year to carry out the objectives of this section.". SEC. 610. NO REDUCTION IN BENEFITS. Section 415 of the Assets for Independence Act (42 U.S.C. 604 note) is amended to read as follows: "SEC. 415. NO REDUCTION IN BENEFITS. "Notwithstanding any other provision of Federal law (other than the Internal Revenue Code of 1986) that requires consideration of one or more financial circumstances of an individual, for the purpose of determining eligibility to receive, or the amount of, any assistance or benefit authorized by such law to be provided to or for the benefit of such individual, funds (including interest accruing) in an individual development account under this Act shall be disregarded for such purpose with respect to any period during which such individual maintains or makes contributions into such an account.". TITLE VII—PHYSICAL EDUCATION FOR PROGRESS ACT SEC. 701. PHYSICAL EDUCATION FOR PROGRESS. Title X of the Elementary and Secondary Education Act of 1965 (20 U.S.C. 8001 et seq.) is amended by adding at the end the following: " PART L—PHYSICAL EDUCATION FOR PROGRESS "SEC. 10999A. SHORT TITLE. "This part may be cited as the 'Physical Education for Progress Act'. "SEC. 10999B. PURPOSE. "The purpose of this part is to award grants and contracts to local educational agencies to enable the local educational agencies to initiate, expand and improve physical education programs for all kindergarten through 12th grade students.