regulations as the Secretary shall prescribe to prevent plans from discriminating in favor of employees who are highly compensated employees (within the meaning of section 414(q))). (4) Reports A plan meets the requirements of this paragraph if, for any taxable year for which a credit is allowed under this section, the employer reports to the Secretary (at such time and in such form and manner as the Secretary may prescribe) the number of employees utilizing the plan, the number of employees eligible to participate in the plan, and the terms of such plan. (5) Notice A plan meets the requirements of this paragraph if reasonable notification of the availability and terms of the program are provided to all eligible employees. . (b) Credit made part of general business credit Section 38(b) of such Code is amended by striking plus at the end of paragraph (35), by striking the period at the end of paragraph (36) and inserting , plus , and by adding at the end the following new paragraph: (37) the employer-provided student loan repayment credit determined under section 45S(a). . (c) Credit refundable for certain small employers (1) In general Section 38(c) of such Code is amended by redesignating paragraph (6) as paragraph (7) and by inserting after paragraph (5) the following new paragraph: (6) Special rules for employer-provided student loan repayment credit (A) In general In the case of the employer-provided student loan repayment credit determined under section 45S(a) with respect to a specified small business or any organization exempt from tax under section 501(a)— (i) this section and section 39 shall be applied separately with respect to such credits, (ii) in applying paragraph (1) to such credits— (I) the tentative minimum tax shall be treated as being zero, and (II) the limitation under paragraph (1) (as modified by subclause (I)) shall be reduced by the credit allowed under subsection (a) for the taxable year (other than the employer-provided student loan repayment credit), and (iii) the amount of such