To amend title 32, United States Code, to revise the matching funds requirements for States participating in the National Guard Challenge Program and to authorize appropriations for the program for fiscal year 2004 and thereafter.

[AI summary unavailable — showing source text] Amends Federal provisions concerning State participation in the National Guard Challenge Program (a civilian youth opportunities program conducted by the Secretary of Defense) to: (1) provide a maximum Federal matching funds level of 65 percent of the costs of operating the State program during FY 2004, 70 percent during FY 2005, and 75 percent during FY 2006; and (2) authorize appropriations for the Program for FY 2004 and beyond.…