S.Amdt. 4313

1. Adds SEC. 620. ACCESSION BONUS FOR MEMBERS OF THE ARMED FORCES APPOINTED AS COMMISSIONED OFFICERS AFTER COMPLETING OFFICER CANDIDATE SCHOOL at the end of subtitle B of title VI

   Adds a section

   In S. 2766 · Placed on Calendar Senate

   (b) Report Date.--Subsection (d)(1) of such section is amended by striking "February 1, 2007" and inserting "February 1, 2008".

   Inserted: SEC. 620. ACCESSION BONUS FOR MEMBERS OF THE ARMED FORCES APPOINTED AS COMMISSIONED OFFICERS AFTER COMPLETING OFFICER CANDIDATE SCHOOL.

   Inserted: (a) Accession Bonus Authorized.--

   Inserted: (1) In general.--Chapter 5 of title 37, United States Code, is amended by adding at the end the following new section:

   Inserted: "Sec. 329. Special pay: accession bonus for officer candidates

   Inserted: "(a) Accession Bonus Authorized.--Under regulations prescribed by the Secretary concerned, a person who, during the period beginning on October 1, 2006, and ending on December 31, 2007, executes a written agreement described in subsection (b) may, upon acceptance of the agreement by the Secretary concerned, be paid an accession bonus in an amount determined by the Secretary concerned.

   Inserted: "(b) Agreement.--A written agreement described in this subsection is a written agreement by a person--

   Inserted: "(1) to complete officer candidate school;

   Inserted: "(2) to accept a commission or appointment as an officer of the armed forces; and

   Inserted: "(3) to serve on active duty as a commissioned officer for a period specified in such agreement.

   Inserted: "(c) Payment Method.--Upon acceptance of a written agreement under subsection (a) by the Secretary concerned, the total amount of the accession bonus payable under the agreement becomes fixed. The agreement shall specify whether the accession bonus will be paid in a lump sum or installments.

   Inserted: "(d) Repayment.--A person who, having received all or part of the bonus under a written agreement under subsection (a), does not complete the total period of active duty as a commissioned officer as specified in such agreement shall be subject to the repayment provisions of section 303a(e) of this title.".

   Inserted: (2) Clerical amendment.--The table of sections at the beginning of chapter 5 of such title is amended by adding at the end the following new item:

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   Inserted: "329. Special pay: accession bonus for officer candidates.".

   Inserted: (3) Effective date.--The amendments made by this subsection shall take effect on October 1, 2006.

   Inserted: (b) Authority for Payment of Bonus Under Earlier Agreements.--

   Inserted: (1) In general.--The Secretary of the Army may pay a bonus to a person who, during the period beginning on April 1, 2005, and ending on April 1, 2006, executed an agreement to enlist for the purpose of attending officer candidate school and receive a bonus under section 309 of title 37, United States Code, and who has completed the terms of the agreement required for payment of the bonus.

   Inserted: (2) Limitation on amount.--The amount of the bonus payable to a person under this subsection may not exceed $8,000.

   Inserted: (3) Construction with enlistment bonus.--The bonus payable under this subsection is in addition to a bonus payable under section 309 of title 37, United States Code, or any other provision of law.

   Original wording

   At the end of subtitle B of title VI, add the following:

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As printed