(1) In general

Part V of title 38, United States Code, is amended by adding at the end the following new chapter:

80 Veterans Economic Opportunity and Transition Administration

8001. Organization of Administration

(a) Veterans Economic Opportunity and Transition Administration

There is in the Department of Veterans Affairs a Veterans Economic Opportunity and Transition Administration. The primary function of the Veterans Economic Opportunity and Transition Administration is the administration of the programs of the Department that provide assistance related to economic opportunity to veterans and their dependents and survivors.

(b) Under Secretary for Economic Opportunity and Transition

The Veterans Economic Opportunity and Transition Administration is under the Under Secretary for Veterans Economic Opportunity and Transition, who is directly responsible to the Secretary for the operations of the Administration.

8002. Functions of Administration

The Veterans Economic Opportunity and Transition Administration is responsible for the administration of the following programs of the Department:

(1)

Vocational rehabilitation and employment programs.

(2)

Educational assistance programs.

(3)

Veterans’ housing loan and related programs.

(4)

The Transition Assistance Program under section 1144 of title 10.

(5)

Any other program of the Department that the Secretary determines appropriate.

8003. Annual report to Congress

The Secretary shall include in the annual report to the Congress required by section 529 of this title a report on the programs administered by the Under Secretary for Veterans Economic Opportunity and Transition. Each such report shall include the following with respect to each such program during the fiscal year covered by that report:

(1)

The number of claims received.

(2)

The number of claims decided.

(3)

The average processing time for a claim.

(4)

The number of successful outcomes (as determined by the Secretary).

(5)

The number of full-time equivalent employees.

(6)

The amounts expended for information technology.

(2) Clerical amendments

The tables of chapters at the beginning of title 38, United States Code, and of part V of title 38, United States Code, are each amended by inserting after the item relating to chapter 79 the following new item:

(1)

31,401 in fiscal year 2028; and

(2)

31,401 in fiscal year 2029.

(1) In general

Chapter 3 of title 38, United States Code, is amended by inserting after section 306 the following new section:

306A. Under Secretary for Veterans Economic Opportunity and Transition

(a) Under Secretary

There is in the Department an Under Secretary for Veterans Economic Opportunity and Transition, who is appointed by the President, by and with the advice and consent of the Senate. The Under Secretary for Veterans Economic Opportunity and Transition shall be appointed without regard to political affiliation or activity and solely on the basis of demonstrated ability in—

(1)

information technology; and

(2)

the administration of programs within the Veterans Economic Opportunity and Transition Administration or programs of similar content and scope.

(b) Responsibilities

The Under Secretary for Veterans Economic Opportunity and Transition is the head of, and is directly responsible to the Secretary for the operations of, the Veterans Economic Opportunity and Transition Administration.

(c) Vacancies

(1)

Whenever a vacancy in the position of Under Secretary for Veterans Economic Opportunity and Transition occurs or is anticipated, the Secretary shall establish a commission to recommend individuals to the President for appointment to the position.

(2)

A commission established under this subsection shall be composed of the following members appointed by the Secretary:

(A)

Three persons representing education and training, vocational rehabilitation, employment, real estate, mortgage finance and related industries, and survivor benefits activities affected by the Veterans Economic Opportunity and Transition Administration.

(B)

Two persons representing veterans served by the Veterans Economic Opportunity and Transition Administration.

(C)

Two persons who have experience in the management of private sector benefits programs of similar content and scope to the economic opportunity and transition programs of the Department.

(D)

The Deputy Secretary of Veterans Affairs.

(E)

The chairman of the Veterans’ Advisory Committee on Education formed under section 3692 of this title.

(F)

One person who has held the position of Under Secretary for Veterans Economic Opportunity and Transition, if the Secretary determines that it is desirable for such person to be a member of the commission.

(3)

A commission established under this subsection shall recommend at least three individuals for appointment to the position of Under Secretary for Veterans Economic Opportunity and Transition. The commission shall submit all recommendations to the Secretary. The Secretary shall forward the recommendations to the President and the Committees on Veterans’ Affairs of the Senate and House of Representatives with any comments the Secretary considers appropriate. Thereafter, the President may request the commission to recommend additional individuals for appointment.

(4)

The Assistant Secretary or Deputy Assistant Secretary of Veterans Affairs who performs personnel management and labor relations functions shall serve as the executive secretary of a commission established under this subsection.

(2) Clerical amendment

The table of sections at the beginning of such chapter is amended by inserting after the item relating to section 306 the following new item:

(1)

in section 306(c)(2), by striking subparagraphs (A) and (E) and redesignating subparagraphs (B), (C), (D), and (F), as subparagraphs (A) through (D), respectively;

(2)

in section 317(d)(2), by inserting after Under Secretary for Benefits, the following: the Under Secretary for Veterans Economic Opportunity and Transition,;

(3)

in section 318(d)(2), by inserting after Under Secretary for Benefits, the following: the Under Secretary for Veterans Economic Opportunity and Transition,;

(4)

in section 516(e)(2)(C), by striking Health and the Under Secretary for Benefits and inserting Health, the Under Secretary for Benefits, and the Under Secretary for Veterans Economic Opportunity and Transition;

(5)

in section 541(a)(2)(B), by striking Health and the Under Secretary for Benefits and inserting Health, the Under Secretary for Benefits, and the Under Secretary for Veterans Economic Opportunity and Transition;

(6)

in section 542(a)(2)(B)(iii), by striking Health and the Under Secretary for Benefits and inserting Health, the Under Secretary for Benefits, and the Under Secretary for Veterans Economic Opportunity and Transition;

(7)

in section 544(a)(2)(B)(vi), by striking Health and the Under Secretary for Benefits and inserting Health, the Under Secretary for Benefits, and the Under Secretary for Veterans Economic Opportunity and Transition;

(8)

in section 709(c)(2)(A), by inserting after Under Secretary for Benefits, the following: the Under Secretary for Veterans Economic Opportunity and Transition,;

(9)

in section 7701(a), by inserting after assistance the following: , other than assistance related to economic opportunity and transition,; and

(10)

in section 7703, by striking paragraphs (2) and (3) and redesignating paragraphs (4) and (5) as paragraphs (2) and (3), respectively.

(1)

the transition of the provision of services to such Administration will not negatively affect the provision of such services to veterans; and

(2)

such services are ready to be transferred.

(1)

no earlier than April 1, 2027; and

(2)

no later than September 1, 2027.

(1)

the reason why the certification was not made by such date; and

(2)

the estimated date when the certification will be made.