This policy update presents key aspects of the statutory language of the School-to-Work Opportunities Act of 1994 (Public Law 103-239), which provides states and localities with federal funds to be used as venture capital to underwrite the initial costs of planning and establishing statewide School-to-Work Opportunities systems. The paper focuses on: (1) purpose of the Act; (2) program components, including general program requirements such as equal access and participation of youth with disabilities, followed by descriptions of the school-based learning component, the work-based learning component, and the connecting activities component; (3) school-to-work opportunities development and implementation grants to states; (4) grants to local partnerships; and (5) strategies for ensuring participation of youth with disabilities. Potential implications for youth with disabilities are described. The paper also analyzes the relationship between the School-to-Work Opportunities Act of 1994 and the transition service requirements of the Individuals with Disabilities Education Act of 1990. (JDD)