and shall submit the written statement to the authorizing committees. (B) Required measures to be included In carrying out subparagraph (A), the Secretary shall include the measures described in paragraph (3)(B) that the Commission is required to include as part of its minimum accountability standards. (8) Assessment The Secretary shall annually assess compliance with the institutional accountability standards. On September 30 of the year following the publication of the final rule as required under paragraph (7) and every year thereafter, the Secretary shall publish a list of each institution of higher education that participates in title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.) and the institution's level of compliance with the accountability standards. The list shall be made easily accessible to the public. (9) Implementation The Secretary shall establish procedures to implement this subsection, including procedures for effectively applying this subsection. (10) Termination The Commission shall terminate 60 days after the date on which the Commission submits the report under paragraph (5). (c) Incentivize improvement for below-Standard institutions (1) In general An institution of higher education that participates in title IV of the Higher Education Act of 1965 ( 20 U.S.C. 1070 et seq.) programs and that does not meet the institutional accountability standards adopted under subsection (b)— (A) shall be deemed to be in probationary status