; and (5) such other information and assurances as the Commission may require. (c) Timing of Program (1) Issuance of initial guidance Not later than 90 days after the appointment of a quorum of its members, the Commission shall issue initial guidance regarding the process by which States may apply to operate voucher pilot programs under this subtitle and initial guidance regarding the implementation of such programs. (2) Selection of participating States The Commission shall select the 3 States which will operate voucher pilot programs under this subtitle not later than 90 days before the end of the application period. (3) Period of operation of program Each State selected to operate a voucher pilot program under this subtitle shall operate such program during each of the 3 election cycles which begin after the application period, and shall ensure that the program is ready to be operated not later than the first January 1 of the first election cycle which begins after the application period. (4) Termination Each voucher pilot program under this subtitle shall terminate as of the first day after the third election cycle during which the State operated the program. (d) Reimbursement of Costs Upon receiving the report submitted by a State under section 113 with respect to an election cycle, the Commission shall transmit a payment to the State in an amount equal to the reasonable costs incurred by the State in operating the voucher pilot program under this subtitle during the cycle. (e) Application Period Defined In this section, the term application period means the first election cycle which begins after the date of the enactment of this Act. 112. Voucher program described (a) General Elements of Program (1) Elements described The elements of a voucher pilot program operated by a State under this subtitle are as follows: (A) The State shall provide each qualified individual upon the individual’s request with a voucher worth $50 to be known as a My Voice Voucher during the election cycle which will be assigned a