S.Amdt. 1503

1. Adds SEC. __. REPORT ON EDUCATIONAL BENEFITS FOR VETERANS wherever appropriate

   Adds a section

   Inserted: SEC. __. REPORT ON EDUCATIONAL BENEFITS FOR VETERANS.

   Inserted: (a) In General.--Not later than 180 days after the date of enactment of this Act, the Secretary of Defense and the Secretary of Veterans Affairs shall submit a report containing the information described in subsection (b) to--

   Inserted: (1) the Committee on Armed Services of the Senate;

   Inserted: (2) the Committee on Armed Services of the House of Representatives;

   Inserted: (3) the Committee on Veterans' Affairs of the Senate; and

   Inserted: (4) the Committee on Veterans' Affairs of the House of Representatives.

   Inserted: (b) Contents.--The report under subsection (a) shall include--

   Inserted: (1) an analysis by the Department of Defense of the effect on recruitment of educational benefits under the Montgomery GI Bill, including--

   Inserted: (A) the percentage of personnel who sign up for such educational benefits; and

   Inserted: (B) the importance of such educational benefits in the decision of an individual to enlist;

   Inserted: (2) an analysis by the Department of Veterans Affairs of the effect on readjustment of educational benefits under the Montgomery GI Bill, including--

   Inserted: (A) the percentage who use partial benefits;

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   Inserted: (B) the percentage who use full benefits; and

   Inserted: (C) the reasons that veterans choose not to use benefits;

   Inserted: (3) suggestions of ways to improve educational benefits in order to improve recruiting, retention and readjustment;

   Inserted: (4) cost estimates for the improvements suggested under paragraph (3);

   Inserted: (5) projected 5-year and 10-year costs of educational benefits under chapters 1606 and 1607 of title 10, United States Code, and section 3015 of title 38, United States Code; and

   Inserted: (6) projected 5-year and 10-year costs under chapters 1606 and 1607 of title 10, United States Code, and section 3015 of title 38, United States Code, if the baseline 3-year active duty rate is increased to cover the average price of--

   Inserted: (A) a public 4-year secondary education (commuter tuition and fees, room and board, books and supplies, transportation and other expenses);

   Inserted: (B) a public 4-year secondary education (non-commuter tuition and fees, room and board, books and supplies, transportation and other expenses);

   Inserted: (C) a public 4-year secondary education (commuter tuition and fees, room and board); and

   Inserted: (D) a public 4-year secondary education (non-commuter tuition and fees, room and board).

   Inserted: (c) Calculation.--In calculating costs under paragraphs (5) and (6) of subsection (b)--

   Inserted: (1) future costs shall be adjusted for inflation using the "college tuition and fees" component of the Consumer Price Index; and

   Inserted: (2) the ratio between the cost of benefits under chapters 1606 and 1607 of title 10, United States Code, and the cost of benefits under section 3015 of title 38, United States Code, shall be the same as the ratio between such costs as of the date of enactment of this Act.

   The amendment doesn't say where this goes; the clerk decides.

   Original wording

   At the appropriate place, insert the following:

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As printed