[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[S. 2462 Introduced in Senate (IS)]







107th CONGRESS
  2d Session
                                S. 2462

  To amend section 16131 of title 10, United States Code, to increase 
   rates of educational assistance under the program of educational 
   assistance for members of the Selected Reserve to make such rates 
 commensurate with scheduled increases in rates for basic educational 
  assistance under section 3015 of title 38, United States Code, the 
                          Montgomery GI Bill.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 7, 2002

  Ms. Collins (for herself and Mr. Johnson) introduced the following 
   bill; which was read twice and referred to the Committee on Armed 
                                Services

_______________________________________________________________________

                                 A BILL


 
  To amend section 16131 of title 10, United States Code, to increase 
   rates of educational assistance under the program of educational 
   assistance for members of the Selected Reserve to make such rates 
 commensurate with scheduled increases in rates for basic educational 
  assistance under section 3015 of title 38, United States Code, 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 RATES OF EDUCATIONAL ASSISTANCE UNDER PROGRAM OF 
              EDUCATIONAL ASSISTANCE FOR MEMBERS OF THE SELECTED 
              RESERVE.

    (a) Increase in Rates.--Section 16131(b)(1) of title 10, United 
States Code, is amended by striking subparagraphs (A) through (C) and 
inserting the following new subparagraphs (A) through (C):
            ``(A) For a program of education pursued on a full-time 
        basis, at the monthly rate of--
                    ``(i) for months occurring during fiscal year 2003, 
                $428;
                    ``(ii) for months occurring during fiscal year 
                2004, $473; and
                    ``(iii) for months occurring during a subsequent 
                fiscal year, the amount for months occurring during the 
                previous fiscal year, increased under paragraph (2).
            ``(B) For a program of education pursued on a three-
        quarter-time basis, at the monthly rate of--
                    ``(i) for months occurring during fiscal year 2003, 
                $321;
                    ``(ii) for months occurring during fiscal year 
                2004, $355; and
                    ``(iii) for months occurring during a subsequent 
                fiscal year, the amount for months occurring during the 
                previous fiscal year, increased under paragraph (2).
            ``(C) For a program of education pursued on a half-time 
        basis, at the monthly rate of--
                    ``(i) for months occurring during fiscal year 2003, 
                $214;
                    ``(ii) for months occurring during fiscal year 
                2004, $237; and
                    ``(iii) for months occurring during a subsequent 
                fiscal year, the amount for months occurring during the 
                previous fiscal year, increased under paragraph (2).''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect on October 1, 2002, and shall apply with respect to months 
that begin on or after the date.
    (c) CPI Adjustment.--No adjustment shall be made under paragraph 
(2) of section 16131(b) of title 10, United States Code, for fiscal 
years 2003 and 2004.
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