To amend title 38, United States Code, to authorize the use of funds in the Department of Veterans Affairs readjustment benefits accounts and funds appropriated for such purpose to provide funding for State approving agencies.

Directs the Secretary of Veterans Affairs to make payments to state and local approving agencies (agencies that approve educational courses for veterans) out of amounts in the Department of Veterans Affairs (VA) readjustment benefits account (under current law, out of amounts available for the payment of readjustment benefits) and out of amounts appropriated to the Secretary for such purpose. Makes $13 million the fiscal year amount to be paid from the readjustment benefits account.