115 STAT. 1138 PUBLIC LAW 107-107—DEC. 28, 2001 Deadline. 37 USC 308h note. 37 USC 308h note. "(2) A person is eligible for a bonus under this section if the person— "(A) is or has been a member of an armed force; "(B) is qualified in a skill or specialty designated by the Secretary concerned as a critically short wartime skill or critically short wartime specialty; and "(C) has not failed to complete satisfactorily any original term of enlistment in the armed forces. "(3) For the purposes of this section, the Secretary concerned may designate a skill or specialty as a critically short wartime skill or critically short wartime specialty for an armed force under the jurisdiction of the Secretary if the Secretary determines that— "(A) the skill or specialty is critical to meet wartime requirements of the armed force; and "(B) there is a critical shortage of personnel in that armed force who are qualified in that skill or specialty.". (b) CLERICAL AMENDMENTS. —Such section is further amended— (1) in subsection (b), by inserting "BONUS AMOUNTS; PAY- MENT.— " after "(b)"; (2) in subsection (c), by inserting "REPAYMENT OF BONUS. —" after "(c)"; (3) in subsection (d), by inserting "TREATMENT OF REIMBURSEMENT OBLIGATION.— " after "(d)"; (4) in subsection (e), by inserting "EFFECT OF BANK- RUPTCY. —" after "(e)"; (5) in subsection (f), by inserting "REGULATIONS.—" after "(f)"; and (6) in subsection (g), by inserting 'TERMINATION OF AUTHORITY. —" after "(g)". (c) REGULATIONS.—Not later than 180 days after the date of the enactment of this Act, the Secretaries of the military departments shall prescribe such regulations as may be necessary for administering subsection (a) of section 308h of title 37, United States Code, as amended by this section. (d) APPLICATION OF AMENDMENT. —Subsection (a) of section 308h of title 37, United States Code, as amended by this section, shall apply with respect to reserve component reenlistments, enlistments, and extensions of enlistments that are executed on or after the first day of the first month that begins more than 180 days after the date of the enactment of this Act. Subsection (a) of such section 308h, as in effect on the day before the date of the enactment of this Act, shall continue to apply with respect to reserve component reenlistments, enlistments, and extensions of enlistments that are executed before the first day of that first month. SEC. 620. INSTALLMENT PAYMENT AUTHORITY FOR 15-YEAR CAREER STATUS BONUS. (a) MEMBER ELECTION.—Section 322(d) of title 37, United States Code, is amended— (1) in paragraph (1), by striking "paid in a single lump sum of" and inserting "equal to"; (2) by redesignating paragraph (2) as paragraph (4), and in such paragraph, by striking "The bonus" and inserting "The lump sum payment of the bonus, and the first installment payment in the case of members who elect to receive the bonus in installments,"; and
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