To transmit information on the Money Smart (MS) cooperative venture on financial education between the U.S. Department of Labor and the Federal Deposit Insurance Corporation (FDIC) and to assure that all States and local One-Stop Career Centers fully understand the program, its benefits to them, and their option to participate.

To provide final Fiscal Year 2006 TAA training funds to states and provide guidance on the appropriate use of TAA reserve funds to be used on MIS improvements.

To extend the eligibility date the Department of Labor (Department) uses for determining whether RIR re-application requests are timely.

To provide guidance on ETA plans and procedures to reduce dislocated worker program formula funds, to invite State questions on issues requiring additional guidance, and to provide information on the availability of additional Youth funds for PY 2001 as a result of the passage of the Supplemental Appropriations Act, 2001 (Public Law 107-20).

To transmit the Revised WIA Youth Activities State Allotment table.

To provide states with the forumla methodology used in developing the Fiscal Year (FY) 2007 base allocations and to describe the process for requesting additional TAA program reserve funds for training and job search and relocation allowances.

To provide State Workforce Agencies with guidance in the event that the TAA and NAFTA-TAA programs' sunset date is not amended before October 1, 2001.

To request the designation of Areas of Substantial Unemployment (ASUs) in each state as defined in the Workforce Investment Act (WIA) in order to allot funds under the Act for the period beginning July 1, 2007.

To transmit changes to the guidance on ETA plans and procedures to reduce dislocated worker program formula funds under the Supplemental Appropriation Act, 2001 (Public Law 107-20).

To clarify the federal regulations governing transportation payments under the TAA and NAFTA-TAA programs.