--- type: "LegalText" title: "38 U.S.C. § 3699B" description: "Treatment of certain for-profit educational institutions" jurisdiction: "us" corpus: "united_states_code" kind: "code_section" title_number: 38 title_name: "VETERANS’ BENEFITS" chapter_number: "36" chapter_name: "ADMINISTRATION OF EDUCATIONAL BENEFITS" section: "3699B" citation: "38 U.S.C. § 3699B" status: "current" release_point: "119-100" release_date: "2026-06-26" source: "official" source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc38@119-100.zip" source_identifier: "/us/usc/t38/s3699B" source_file: "data/legal/raw/us/code/title-38/usc38.xml" source_hash: "4f36af53cae0ae7fa0eb89d2d80c34b76d54eb260cd0ea7bfa39b73fce0f222a" raw_snapshot_hash: "372998691b72ade88787dfa7633dbda4954bd1b037ec7926c5e06e9b1d17fc66" text_hash: "0c29a338cf518a656fad915558187a8f77ecef3b306fb6923a4a4828838c9156" retrieved_at: "2026-07-04" confidence: "official" tags: ["legal", "us-code"] --- # 38 U.S.C. § 3699B - Treatment of certain for-profit educational institutions ## Text (a) In General.— In the case of any for-profit educational institution that is converted to a nonprofit educational institution, the State approving agency or the Secretary when acting as a State approving agency shall conduct annual risk-based surveys of the institution during the three-year period beginning on the date on which the educational institution is so converted. (b) Risk-based Survey Defined.— In this section, the term “risk-based survey” means the risk-based survey developed under section 3673A of this title. (Added Pub. L. 116–315, title I, § 1022(a), Jan. 5, 2021, 134 Stat. 4959.) ## Notes Statutory Notes and Related Subsidiaries Effective DatePub. L. 116–315, title I, § 1022(c), Jan. 5, 2021, 134 Stat. 4959, as amended by Pub. L. 117–16, § 5(a), June 8, 2021, 135 Stat. 283, provided that: “Section 3699B of title 38, United States Code, as added by subsection (a), shall apply with respect to the conversion of a for-profit educational institution to a nonprofit educational institution, or the conversion of a for-profit educational institution to a public educational institution, that occurs on or after the date of the enactment of this Act [Jan. 5, 2021].” [Pub. L. 117–16, § 5(b), June 8, 2021, 135 Stat. 283, provided that: “The amendment made by subsection (a) [amending section 1022(c) of Pub. L. 116–315, set out above] shall apply as if included in the enactment of the Johnny Isakson and David P. Roe, M.D. Veterans Health Care and Benefits Improvement Act of 2020 (Public Law 116–315).” ]