1. Short title This Act may be cited as the Millennium Challenge Corporation Candidate Country Reform Act . 2. Modifications of requirements to become a candidate country Section 606 of the Millennium Challenge Act of 2003 ( 22 U.S.C. 7705 ) is amended to read as follows: 606. Candidate countries (a) In general A country shall be a candidate country for purposes of eligibility to receive assistance under section 605 if— (1) the per capita income of the country in a fiscal year is equal to or less than the World Bank threshold for initiating the International Bank for Reconstruction and Development graduation process for the fiscal year