; and (B) provide for implementation of such program for eligibility determinations and redeterminations made on or after 6 months after the deadline established for submittal of such plan amendment. (3) Phase-in (A) Implementation in states The Secretary shall require States to submit and implement a financial asset verification program under this subsection in such manner as is designed to result in the application of such programs, in the aggregate for all such States, to households of approximately, but not less than, the following percentage of households, in the aggregate for all such States, by the end of the fiscal year involved: (i) 12.5 percent by the end of fiscal year 2021. (ii) 25 percent by the end of fiscal year 2022. (iii) 50 percent by the end of fiscal year 2023. (iv) 75 percent by the end of fiscal year 2024. (v) 100 percent by the end of fiscal year 2025. (B) Consideration In selecting States under subparagraph (A), the Secretary shall consult with the States involved and take into account the feasibility of implementing asset verification programs in each such State. (C) Construction Nothing in subparagraph (A) shall be construed as preventing a State from requesting, and the Secretary from approving, the implementation of a financial asset verification program in advance of the deadline otherwise established under such subparagraph. (4) Exemption of territories This section shall only apply to the 50 States and the District of Columbia. (b) Financial Asset Verification Program (1) In general For purposes of this section, a financial asset verification program means a program described in paragraph (2) under which a State— (A) requires each applicant for, or recipient of, supplemental nutrition assistance program benefits to provide authorization by such applicant or recipient (and any other person whose resources are required by law to be disclosed to determine the eligibility of the applicant or recipient for such benefits) for the State to obtain (subject to the cost reimbursement