; (2) by striking subsection (d); and (3) by redesignating subsections (e) through (j) as subsections (d) through (i), respectively. (m) Conforming amendments The Higher Education Act of 1965 ( 20 U.S.C. 1001 et seq.) is amended— (1) in section 487(a) ( 20 U.S.C. 1094(a) ), as amended by this section— (A) by redesignating paragraphs (7) through (9), as paragraphs (6) through (8), respectively; (B) by redesignating paragraphs (11) through (23) as paragraphs (9) through (21), respectively; and (C) by redesignating paragraphs (25) through (29) as paragraphs (22) through (26), respectively; (2) in section 487(c)(1)(A)(iii) ( 20 U.S.C. 1094(c)(1)(A)(iii) ), by striking section 102(a)(1)(C) and inserting section 102(a)(1) ; and (3) in section 487(h)(4) ( 20 U.S.C. 1094(h)(4) ), as redesignated by subsection (l)(3), by striking section 102 and inserting section 101 or 102 . 492. Regulatory relief and improvement Section 487A ( 20 U.S.C. 1094a ) is amended— (1) in subsection (a)— (A) in paragraph (1), by striking The Secretary is authorized to and inserting The Secretary shall ; and (B) in paragraph (5), by inserting at least once every two years before the period at the end; and (2) in subsection (b)— (A) in paragraph (2)— (i) in the paragraph heading, by inserting Annual before Report ; and (ii) by striking the first sentence and inserting The Secretary shall review the experience, and rigorously evaluate the activities, of all institutions participating as experimental sites and shall, on an annual basis, submit a report based on the review and evaluation findings to the authorizing committees.