To modify certain additional authorities for purposes of the targeted shaping of the Armed Forces.

1. Rewrites page 214, line 3

   ReplacesPrinted page

   Removes page 214, line 3 of the printed bill. See that page

   Inserted: (b) Relaxation of Limitation on Selective Early Retirement.--Section 638(a)(2) of title 10, United States Code, is amended by adding at the end the following new sentence: "However, during the period beginning on October 1, 2006, and ending on December 31, 2012, such number may be more than 30 percent of the number of officers considered in each competitive category, but may not be more than 30 percent of the number of officers considered in each grade.".

   Inserted: (c) Enhanced Authority for Selective Early Retirement and Early Discharges.--

   Inserted: (1) Renewal of authority.--Subsection (a) of section 638a of title 10, United States Code, is amended by inserting "and during the period beginning on October 1, 2006, and ending on December 31, 2012," after "December 31, 2001,".

   Inserted: (2) Relaxation of limitation on selective early retirement.--Subsection (c)(1) of such section is amended by adding at the end the following new sentence: "However, during the period beginning on October 1, 2006, and ending on December 31, 2012, such number may be more than 30 percent of the number of officers considered in each competitive category, but may not be more than 30 percent of the number of officers considered in each grade.".

   Inserted: (3) Relaxation of limitation on selective early discharge.--Subsection (d)(2) of such section is amended--

   Inserted: (A) in subparagraph (A), by inserting before the semicolon the following: ", except that during the period beginning on October 1, 2006, and ending on December 31, 2012, such number may be more than 30 percent of the officers considered in each competitive category, but may not be more than 30 percent of the number of officers considered in each grade"; and

   Inserted: (B) in subparagraph (B), by inserting before the period the following: ", except that during the period beginning on October 1, 2006, and ending on December 31, 2012, such number may be more than 30 percent of the officers considered in each competitive category, but may not be more than 30 percent of the number of officers considered in each grade".

   Inserted: (d) Increase in Amount of Incentive Bonus

   Original wording

   On page 214, strike line 3 and insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed