A bill to amend title 38, United States Code, to establish in the Department of Veterans Affairs the Veterans Economic Opportunity and Transition Administration, and for other purposes.

This bill establishes the Veterans Economic Opportunity and Transition Administration to administer economic opportunity assistance programs for veterans and their dependents and survivors.

Specifically, the Veterans Economic Opportunity and Transition Administration must administer the following Department of Veterans Affairs (VA) programs:

• vocational rehabilitation and employment programs,
• educational assistance programs,
• veterans' housing loan and related programs,
• the Transition Assistance Program, and
• the database of small business concerns owned and controlled by veterans.

Prior to the transfer of administrative responsibilities, the bill requires the VA to certify that (1) the transition of the provision of services will not negatively affect the provision of such services to veterans, and (2) such services are ready to be transferred.

Bill 118 s 291, also known as the Veterans Economic Opportunity and Transition Administration Act, aims to make changes to title 38 of the United States Code in order to create a new department within the Department of Veterans Affairs. This new department, called the Veterans Economic Opportunity and Transition Administration, would be responsible for overseeing programs and services that support veterans in transitioning to civilian life and finding economic opportunities.

The bill includes provisions for improving access to education and job training programs for veterans, as well as expanding entrepreneurship opportunities for those who have served in the military. It also seeks to enhance support for veterans who are transitioning out of the military and into civilian life, including providing resources for mental health services and housing assistance.

Overall, the goal of Bill 118 s 291 is to better support and empower veterans as they navigate the challenges of transitioning to civilian life and finding economic opportunities. The bill is currently being considered by Congress and has the potential to have a significant impact on the lives of veterans across the country.