; and (ii) that includes— (I) a feasibility study on the initiative describing how the proposed intervention is based on evidence of effectiveness; (II) a rigorous, third-party evaluation that uses experimental or quasi-experimental design or other research methodologies that allow for the strongest possible causal inferences to determine whether the initiative has met its proposed outcomes; (III) an annual, publicly available report on the progress of the initiative; and (IV) a requirement that payments are made to the recipient of a grant, contract, or cooperative agreement only when agreed upon outcomes are achieved, except that the entity may make payments to the third party conducting the evaluation described in subclause (II). (B) Exclusion The term pay for success initiative does not include any initiative that— (i) reduces the special education or related services that a student would otherwise receive under the Individuals with Disabilities Education Act; or (ii) otherwise reduces the rights of a student or the obligations of an entity under the Individuals with Disabilities Education Act, the Rehabilitation Act of 1973 ( 29 U.S.C. 701 et seq.), the Americans with Disabilities Act of 1990 ( 42 U.S.C. 12101 et seq.), or any other law. . (18) in paragraph (39)(C) (as redesignated by paragraph (2)), by striking apprenticeship and inserting other skilled training ; (19) by inserting after paragraph (39) (as redesignated by paragraph (2)) the following: (40) Professional development The term professional development has the meaning given the term in section 8101 of the Elementary and Secondary Education Act of 1965. (41) Program of study The term program of study means a coordinated, nonduplicative sequence of secondary and postsecondary academic and technical content that— (A) incorporates challenging State academic standards, including those adopted by a State under section 1111(b)(1) of the Elementary and Secondary Education Act of 1965