PUBLIC LAW 103-337—OCT. 5, 1994 108 STAT. 2871 to provide community adjustment and economic diversification assistance under section 2391(b) of title 10, United States Code, for the purpose of developing feasibility studies and business pleins. The amount of such funds provided for such purpose with respect to any adversely affected community may not exceed $100,000. SEC. 1123. ADViWCE COMMUNITY ADJUSTMENT AND ECONOMIC DIVERSIFICATION PLANNING. (a) ASSISTANCE AUTHORIZED.— Section 2391(b) of title 10, United States Code, is amended— (1) by redesignating paragraphs (5), (6), and (7) as paragraphs (6), (7), and (8), respectively; and (2) by inserting after paragraph (4) the following new paragraph: "(5) The Secretary of Defense may also make grants, conclude cooperative agreements, and supplement other Federal funds in order to assist a State or local government in plsinning community adjustments and economic diversification even though the State or local government is not currently eligible for assistance under paragraph (1) if the Secretary determines that a substantial portion of the economic activity or population of the geographic area to be subject to the advance pleinning is dependent on defense expenditures.". (b) CONFORMING AMENDMENTS. —Paragraph (8) of such section, as redesignated by subsection (a)(1), is amended by striking out "paragraph (6)" both places it appears and inserting in lieu thereof "paragraph (7)". (c) FUNDING FOR FISCAL YEAR 1995.— Of the amount made available under section 1121, up to $5,000,000 shall be available to assist advance planning of community adjustments and economic diversification under paragraph (5) of section 2391(b) of title 10, United States Code, as added by subsection (a)(2). Subtitle C—Personnel Adjustment, Education, and Training Programs SEC. 1131. TEACHER AND TEACHER'S AIDE PLACEMENT PROGRAMS. (a) PERIOD OF ELIGIBILITY.—Subsection (c) of section 1151 of title 10, United States Code, is amended— (1) in paragraph (1)(A), by striking out "seven-year period beginning on October 1, 1992," and inserting in lieu thereof "nine-year period beginning on October 1, 1990,"; and (2) by striking out paragraph (4). (b) APPLICATION PERIOD.— Subsection (e)(1) of such section is amended to read as follows: "(e) SELECTION OF PARTICIPANTS.— (1) Selection of members to participate in the placement program authorized by subsection (a) shall be made on the basis of applications submitted to the Secretary of Defense on a timely basis. An application shall be in such form and contain such information as the Secretary may require. An application shall be considered to be submitted on a timely basis if the application is submitted as follows: "(A) Except as provided in subparagraphs (B) and (C), not later than one year after the date of the discharge or release of the applicant from active duty.