(1)
by striking subsection (a) and inserting the following:
“(a) Department Officers and Employees.—
(1) An officer or employee of the Department shall receive corrective action or disciplinary action if such officer or employee—
“(A) has, while serving as such an officer or employee, owned any interest in, or received any wage, salary, dividend, profit, or gift from, any educational institution operated for profit; or
“(B) has, while serving as a covered officer or employee of the Department, received any service from any educational institution operated for profit.
“(2) In this subsection, the term ‘covered officer or employee of the Department’ means an officer or employee of the Department who—
“(A) works on the administration of benefits under chapter 30, 31, 32, 33, 34, 35, or 36 of this title; or
“(B) has a potential conflict of interest involving an educational institution operated for profit, as determined by the Secretary.”
(2)
in subsection (b)—
(A)
by striking “ If the Secretary” and inserting the following:
“(b) State Approving Agency Employees.—If the Secretary”
(B)
by striking “ wages, salary, dividends, profits, gratuities, or services” and inserting “ wage, salary, dividend, profit, or gift”;
(C)
by striking “ in which an eligible person or veteran was pursuing a program of education or course under this chapter or chapter 34 or 35 of this title”;
(D)
by striking “ terminate the employment of” and inserting “ provide corrective action or disciplinary action with respect to”; and
(E)
by striking “ while such person is an officer or employee of the State approving agency, or State department of veterans’ affairs or State department of education” and inserting “ until the completion of such corrective action or disciplinary action”;