1. Short title This Act may be cited as the REO Act of 2023 . 2. Reentry Employment Opportunities Program Subtitle D of title I of the Workforce Innovation and Opportunity Act ( 29 U.S.C. 3221 et seq. ) is amended— (1) by redesignating section 172 ( 29 U.S.C. 3227 ) as section 173; and (2) by inserting after section 171 ( 29 U.S.C. 3226 ) the following: 172. Reentry Employment Opportunities Program (a) Definitions In this section: (1) Correctional institution The term correctional institution has the meaning given the term in section 225(e). (2) Eligible adult The term eligible adult means an individual who— (A) on the date of the individual's enrollment— (i) is not younger than age 25; and (ii) is residing in or returning to the geographic area served; and (B) (i) before that date of enrollment— (I) was released from incarceration in a correctional institution (including being enrolled in a work release center at the institution); or (II) served an alternative sentence, or a sentence to a diversion program, ordered through the adult criminal justice system; or (ii) on that date, is subject to the adult criminal justice system, including an individual who— (I) is incarcerated in a correctional institution (including being enrolled in a work release center at the institution), but is scheduled to be released within 6 months; (II) is residing in a residential reentry center; (III) is subject to electronic or home-based monitoring; (IV) is in the community on probation or parole; or (V) is serving an alternative sentence, or a sentence to a diversion program, ordered through that system. (3) Eligible young adult The term eligible young adult means an individual who, on the date of the individual's enrollment— (A) is not younger than age 18 and not older than age 24; (B) is residing in or returning to the geographic area served