tration is under the Under Secretary for Veterans Eco-
nomic Opportunity, who is directly responsible to the Sec-
retary for the operations of the Administration. 
‘‘§ 8002. Functions of Administration 
‘‘The Veterans Economic Opportunity Administra-
tion 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 pro-
grams. 
‘‘(4) The veterans small business program 
under section 8127 of this title.’’. 
(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 relat-
ing to chapter 79 the following new item: 
‘‘80. Veterans Economic Opportunity Administration ........ 8001’’. 
(b) EFFECTIVE DATE.—Chapter 80 of title 38, 
United States Code, as added by subsection (a) shall take 
effect on October 1, 2014. 
SEC. 5. UNDER SECRETARY FOR VETERANS ECONOMIC OP-
PORTUNITY. 
(a) UNDER SECRETARY.—
(1) IN GENERAL.—Chapter 3 is amended by in-
serting after section 306 the following new section: 
‘‘§ 306A. Under Secretary for Veterans Economic Op-
portunity 
‘‘(a) UNDER SECRETARY.—There is in the Depart-
ment an Under Secretary for Veterans Economic Oppor-
tunity, who is appointed by the President, by and with 
the advice and consent of the Senate. The Under Sec-
retary for Veterans Economic Opportunity shall be ap-
pointed 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 Administration or 
programs of similar content and scope. 
‘‘(b) RESPONSIBILITIES.—The Under Secretary for 
Veterans Economic Opportunity is the head of, and is di-
rectly responsible to the Secretary for the operations of, 
the Veterans Economic Opportunity Administration. 
‘‘(c) VACANCIES.—(1) Whenever a vacancy in the po-
sition of Under Secretary for Veterans Economic Oppor-
tunity occurs or is anticipated, the Secretary shall estab-
lish a commission to recommend individuals to the Presi-
dent 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 Administration. 
‘‘(B) Two persons representing veterans served 
by the Veterans Economic Opportunity Administra-
tion. 
‘‘(C) Two persons who have experience in the 
management of private sector benefits programs of 
similar content and scope to the economic oppor-
tunity 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 Oppor-
tunity, if the Secretary determines that it is desir-
able for such person to be a member of the commis-
sion.
‘‘(3) A commission established under this subsection 
shall recommend at least three individuals for appoint-
ment to the position of Under Secretary for Veterans Eco-
nomic Opportunity. The commission shall submit all rec-
ommendations to the Secretary. The Secretary shall for-
ward the recommendations to the President and the Com-
mittees on Veterans’ Affairs of the Senate and House of 
Representatives with any comments the Secretary con-
siders 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. 
‘‘(d) QUALIFICATIONS OF RECOMMENDED INDIVID-
UALS.—Each individual recommended to the President by 
the commission for appointment to the position of Under 
Secretary for Veterans Economic Opportunity shall be an 
individual who has held a senior level position in the pri-
vate sector with responsibilities relating to at least one of 
the following: 
‘‘(1) Education policy. 
‘‘(2) Vocational rehabilitation.