[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1634 Introduced in House (IH)]







104th CONGRESS
  1st Session
                                H. R. 1634

To increase the monthly rate for amounts payable for veterans education 
                     under the Montgomery GI Bill.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 12, 1995

  Ms. Waters (for herself, Mr. Clyburn, and Mr. Evans) introduced the 
   following bill; which was referred to the Committee on Veterans' 
 Affairs, and in addition to the Committee on National Security, for a 
 period to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the 
                          committee concerned

_______________________________________________________________________

                                 A BILL


 
To increase the monthly rate for amounts payable for veterans education 
                     under the Montgomery GI Bill.
    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. INCREASE IN AMOUNTS PAYABLE UNDER THE MONTGOMERY GI BILL.

    (a) Veterans.--(1) Section 3015 of title 38, United States Code, is 
amended--
            (A) in subsection (a)(1), by inserting ``, increased by $50 
        for the five-year period beginning on October 1, 1995,'' after 
        ``$400''; and
            (B) in subsection (b)(2), by inserting ``, increased by $35 
        for the five-year period beginning on October 1, 1995,'' after 
        ``$325''.
    (2) Subsection (g) of section 3015 of such title is amended--
            (A) by redesignating paragraphs (1) and (2) as 
        subparagraphs (A) and (B), respectively;
            (B) in the matter preceding subparagraph (A), as amended by 
        subparagraph (A) of this paragraph, by inserting ``(1)'' after 
        ``(g)''; and
            (C) by adding at the end the following:
    ``(2) The rates payable under paragraph (1) shall be rounded to the 
nearest dollar.''.
    (3) Section 3035(b)(2) of such title is amended by striking out 
``subsection (a) or (b)'' and inserting in lieu thereof ``subsection 
(a), (b), or (g)''.
    (b) Selected Reserve.--(1) Section 16131(b)(1) of title 10, United 
States Code, is amended--
            (A) in subparagraph (A), by inserting ``, increased by $25 
        for the five-year period beginning on October 1, 1995,'' after 
        ``$190'';
            (B) in subparagraph (B), by inserting ``, increased by $19 
        for the five-year period beginning on October 1, 1995,'' after 
        ``$143''; and
            (C) in subparagraph (C), by inserting ``, increased by $13 
        for the five-year period beginning on October 1, 1995,'' after 
        ``$95''.
    (2) Subparagraph (B) of section 16131(b)(2) of such title is 
amended--
            (A) by redesignating clauses (i) and (ii) as subclauses (I) 
        and (II), respectively;
            (B) in the matter preceding subclause (I), as amended by 
        subparagraph (A) of this paragraph, by inserting ``(i)'' after 
        ``(B)''; and
            (C) by adding at the end the following:
    ``(ii) The rates payable under clause (i) shall be rounded to the 
nearest dollar.''.
    (c) Effective Date.--The amendments made by subsections (a) and (b) 
shall take effect on October 1, 1995.
                                 <all>