; (B) reduced hospitalizations or rehospitalizations; (C) reduced or delayed Medicaid nursing facility admissions and lengths of stay; (D) reduced spend down of income and assets for purposes of becoming eligible for Medicaid; and (E) improved quality of life for the demonstration population and beneficiary and caregiver satisfaction. (2) Reports Not later than January 1, 2022, the Secretary shall submit to Congress a report containing the results of the evaluation conducted under paragraph (1), together with such recommendations for legislative or administrative action as the Secretary determines appropriate. In preparing such report, the Secretary shall use at least 3 years worth of data under the CBI–SNP demonstration program. (k) Funding (1) Funding for implementation For purposes of administering the CBI–SNP demonstration program (other than the evaluation and report under subsection (j)), the Secretary shall provide for the transfer from the Federal Hospital Insurance Trust Fund under section 1817 of the Social Security Act ( 42 U.S.C. 1395i ) and the Federal Supplementary Medical Insurance Trust Fund under section 1841 of such Act ( 42 U.S.C. 1395t ), in such proportion as the Secretary determines appropriate, of $3,000,000 to the Centers for Medicare & Medicaid Services Program Management Account. (2) Funding for evaluation and report For purposes of carrying out the evaluation and report under subsection (j), the Secretary shall provide for the transfer from the Federal Hospital Insurance Trust Fund under such section 1817 and the Federal Supplementary Medical Insurance Trust Fund under such section 1841, in such proportion as the Secretary determines appropriate, of $500,000 to the Centers for Medicare & Medicaid Services Program Management Account. (3) Availability Amounts transferred under paragraph (1) or (2) shall remain available until expended. (l) Paperwork reduction act Chapter 35 of title 44, United States Code, shall not apply to the testing and evaluation of the CBI–SNP demonstration program.