; or (iii) is filed under section 216A of such Act ( 8 U.S.C. 1186b ) if the underlying petition filed under section 203(b)(5) of such Act was filed prior to June 1, 2015, or approved before the date of the enactment of this Act. (B) Reserved visas Items (aa) and (bb) of section 203(b)(5)(C)(i)(I) of the Immigration and Nationality Act ( 8 U.S.C. 1153(b)(5)(C)(i)(I) ), as added by this section, shall take effect beginning on October 1, 2016. (3) Redesignation (A) Petition amendment Petitioners described in paragraph (2)(A) may apply to amend their petition to redesignate the targeted employment area upon which such petition was based to conform to the targeted employment area criteria described in section 203(b)(5)(Q) of the Immigration and Nationality Act ( 8 U.S.C. 1153(b)(5)(Q) ), as amended by subsection (e), if such application for amendment is filed with the Secretary prior to October 1, 2017. (B) Retention of priority date If a petitioner applies to amend a petition in accordance with subparagraph (A)— (i) the immigrant visa priority date related to the original petition shall be retained; (ii) changes made in the amended petition to redesignate such area shall not be deemed a material change; and (iii) the minimum investment amount such petitioner is required to make shall not be affected by any such redesignation. 5. Conditional permanent resident status for alien investors, spouses, and children (a) In general Section 216A of the Immigration and Nationality Act ( 8 U.S.C. 1186b ) is amended— (1) by striking Attorney General each place such term appears (except in subsection (d)(2)(C)) and inserting Secretary of Homeland Security ; (2) by striking entrepreneur each place such term appears and inserting investor