    [United States Statutes at Large, Volume 128, 113th Congress, 2nd Session]
    [From the U.S. Government Publishing Office, www.gpo.gov]

    Public Law 113-82
    113th Congress

    An Act

    To ensure that the reduced annual cost-of-living adjustment to the
    retired pay of members and former members of the Armed Forces under the
    age of 62 required by the Bipartisan Budget Act of 2013 will not apply
    to members or former members who first became members prior to January
    1, 2014, and for other purposes. <>

    Be it enacted by the Senate and House of Representatives of the
    United States of America in Congress assembled,
    SECTION 1. EXTENSION OF DIRECT SPENDING REDUCTION FOR FISCAL YEAR
    2024.

    Paragraph (6)(B) of section 251A of the Balanced Budget and
    Emergency Deficit Control Act of 1985 (2 U.S.C. 901a) is amended by
    striking ``and for fiscal year 2023'' and by inserting ``, for fiscal
    year 2023, and for fiscal year 2024''.
    SEC. 2. INAPPLICABILITY OF REDUCED ANNUAL ADJUSTMENT OF RETIRED
    PAY FOR MEMBERS OF THE ARMED FORCES UNDER THE
    AGE OF 62 UNDER THE BIPARTISAN BUDGET ACT OF
    2013 WHO FIRST BECAME MEMBERS PRIOR TO JANUARY
    1, 2014.

    (a) In General.--Section 1401a(b)(4) of title 10, United States
    Code, as added by section 403(a) of the Bipartisan Budget Act of 2013
    (Public Law 113-67) and amended by section 10001 of the Department of
    Defense Appropriations Act, 2014 (Public Law 113-76), is amended by
    adding at the end the following new subparagraph:
    ``(G) Members covered.--This paragraph applies to a
    member or former member of an armed force who first
    became a member of a uniformed service on or after
    January 1, 2014.''.

    (b) <>  Effective Date.--The amendment
    made by subsection (a) shall take effect on December 1, 2015,
    immediately after the coming into effect of section 403 of the
    Bipartisan Budget Act of 2013 and the amendments made by that section.
    SEC. 3. TRANSITIONAL FUND FOR SUSTAINABLE GROWTH RATE (SGR)
    REFORM.

    Section 1898 of the Social Security Act (42 U.S.C. 1395iii) is
    amended--
    (1) by amending the heading to read as follows:
    ``transitional fund for sustainable growth rate (sgr) reform'';
    (2) by amending subsection (a) to read as follows:

    ``(a) Establishment.--The Secretary shall establish under this title
    a Transitional Fund for Sustainable Growth Rate (SGR) Reform (in this
    section referred to as the `Fund') which shall be available

    [[Page 1010]]

    to the Secretary to provide funds to pay for physicians' services under
    part B to supplement the conversion factor under section 1848(d) for
    2017 if the conversion factor for 2017 is less than conversion factor
    for 2013.'';
    (3) in subsection (b)(1), by striking ``during--'' and all
    that follows and inserting ``during or after 2017,
    $2,300,000,000.''; and
    (4) in subsection (b)(2), by striking ``from the Federal''
    and all that follows and inserting ``from the Federal
    Supplementary Medical Insurance Trust Fund.''.

    Approved February 15, 2014.

    LEGISLATIVE HISTORY--S. 25 (H.R. 251):
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    HOUSE REPORTS: No. 113-78 (Comm. on Natural Resources) accompanying
    H.R. 251.
    SENATE REPORTS: No. 113-15 (Comm. on Energy and Natural Resources).
    CONGRESSIONAL RECORD:
    Vol. 159 (2013):
    June 19, considered and passed
    Senate.
    Vol. 160 (2014):
    Feb. 11, considered and passed
    House, amended.
    Feb. 12, Senate concurred in House
    amendment.