118 STAT. 1035 PUBLIC LAW 108–293—AUG. 9, 2004 (2) in paragraph (1) by striking ‘‘a demonstration project’’ and inserting ‘‘demonstration projects’’; (3) in paragraph (1) by striking ‘‘Kodiak, Alaska;’’ and inserting ‘‘Kodiak, Alaska, or any other Coast Guard installa tion in Alaska;’’; (4) in paragraph (2) by striking ‘‘the demonstration project’’ and inserting ‘‘such a demonstration project’’; and (5) in paragraph (4) by striking ‘‘the demonstration project’’ and inserting ‘‘such demonstration projects’’. (e) DIFFERENTIAL LEASE PAYMENTS.—Chapter 18 of title 14, United States Code, is amended by inserting after section 687 the following: ‘‘§ 687a. Differential lease payments ‘‘Pursuant to an agreement entered into by the Secretary and a lessor of military family housing or military unaccompanied housing to members of the armed forces, the Secretary may pay the lessor an amount, in addition to the rental payments for the housing made by the members, as the Secretary determines appro priate to encourage the lessor to make the housing available to members of the armed forces as military family housing or as military unaccompanied housing.’’. (f) CLERICAL AMENDMENT.—The table of sections at the begin ning of chapter 18 of title 14, United States Code, is amended— (1) by striking the item related to section 682 and inserting the following: ‘‘682. Direct loans and loan guarantees.’’; (2) in the item related to section 684 by striking ‘‘non governmental’’ and inserting ‘‘eligible’’; and (3) by inserting after the item related to section 687 the following: ‘‘687a. Differential lease payments.’’. SEC. 208. REQUIREMENT FOR CONSTRUCTIVE CREDIT. Section 727 of title 14, United States Code, is amended in the second sentence by striking ‘‘three years’’ and inserting ‘‘one year’’. SEC. 209. MAXIMUM AGES FOR RETENTION IN AN ACTIVE STATUS. Section 742 of title 14, United States Code, is amended to read as follows: ‘‘§ 742. Maximum ages for retention in an active status ‘‘(a) A Reserve officer, if qualified, shall be transferred to the Retired Reserve on the day the officer becomes 60 years of age unless on active duty. If not qualified for retirement, a Reserve officer shall be discharged effective upon the day the officer becomes 60 years of age unless on active duty. ‘‘(b) A Reserve officer on active duty shall, if qualified, be retired effective upon the day the officer become 62 years of age. If not qualified for retirement, a Reserve officer on active duty shall be discharged effective upon the day the officer becomes 62 years of age. ‘‘(c) Notwithstanding subsection (a)and (b), the Secretary may authorize the retention of a Reserve rear admiral or rear admiral (lower half) in an active status not longer than the day on which the officer concerned becomes 64 years of age.
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