Further clarification for you all:
http://www.eaa.org/~/media/files/eaa...%20rallies.pdf
This PDF is a great guide for you on how YE is and is not impacted by the policy.
No additional paperwork for chapters beyond what you already do for Young Eagles -- the policy clearly calls this out. Additional paperwork is only for chapters who do additional youth programming (youth builds for example) and that paperwork is definitely there to protect the chapter.