1. Short title This Act may be cited as the Providing Rural Equity, Parity, and Reinvestment in Education Act or the PREPARE Act . 2. Within State allocation Section 112 of the Carl D. Perkins Career and Technical Education Act of 2006 ( 20 U.S.C. 2322 ) is amended— (1) in subsection (a)— (A) in paragraph (1), by striking 10 percent and inserting 15 percent ; (B) in paragraph (2)— (i) in subparagraph (A)— (I) by striking 1 percent and inserting 2 percent ; and (II) by striking State correctional institutions and institutions and inserting State correctional institutions, juvenile justice facilities, and educational institutions ; and (ii) in subparagraph (B), by striking available for services and inserting available to assist eligible recipients in providing services ; and (C) in paragraph (3)(B), by striking a local plan; and inserting local applications; ; and (2) in subsection (c)— (A) by striking From amounts and inserting the following: (1) In general From amounts ; (B) by striking section 135 and all that follows through the end and inserting section 135— (A) in— (i) rural areas; (ii) areas with high percentages of CTE concentrators or CTE participants; and (iii) areas with high numbers of CTE concentrators or CTE participants; and (B) in order to— (i) foster innovation through the identification and promotion of promising and proven career and technical education programs, practices, and strategies, which may include practices and strategies that prepare individuals for nontraditional fields; or (ii) promote the development, implementation, and adoption of programs of study or career pathways aligned with State-identified in-demand occupations or industries. ; and (C) by adding at the end the following: (2) Definitions For purposes of this subsection: (A) CTE concentrators The term CTE concentrator means— (i) at the secondary school level, a student served by an eligible recipient who has— (I) completed three or more career and technical education courses