A bill to amend title 38, United States Code, to reauthorize the establishment of research corporations in the Veterans Health Administration, and for other purposes.

Authorizes the Secretary of Veterans Affairs, from the date of enactment of this Act until December 31, 2000, to establish research corporations within the Veterans Health Administration of the Department of Veterans Affairs.

Removes the requirement that such corporations must, within a four-year period after their establishment, be recognized by the Internal Revenue Service as a tax-exempt organization specifically under section 501(c)(3) of the Internal Revenue Code or be dissolved (thereby allowing such corporation to remain established if it is so recognized under any Code provision).