37 USC 327 - Incentive bonus: transfer between armed forces

Editorial Notes

Amendments

2017—Subsec. (h). Puspan. L. 115–91 substituted “December 31, 2018” for “December 31, 2017”.

2016—Subsec. (h). Puspan. L. 114–328 substituted “December 31, 2017” for “December 31, 2016”.

2015—Subsec. (h). Puspan. L. 114–92 substituted “December 31, 2016” for “December 31, 2015”.

2014—Subsec. (h). Puspan. L. 113–291 substituted “December 31, 2015” for “December 31, 2014”.

2013—Subsec. (h). Puspan. L. 113–66 substituted “December 31, 2014” for “December 31, 2013”.

Puspan. L. 112–239 substituted “December 31, 2013” for “December 31, 2012”.

2011—Subsec. (h). Puspan. L. 112–81 substituted “December 31, 2012” for “December 31, 2011”.

Puspan. L. 111–383 substituted “December 31, 2011” for “December 31, 2010”.

2009—Subsec. (h). Puspan. L. 111–84 substituted “December 31, 2010” for “December 31, 2009”.

2006—Subsec. (d)(1). Puspan. L. 109–364, § 620(a), substituted “$10,000” for “$2,500”.

Subsec. (f). Puspan. L. 109–163, § 687(span)(35), amended heading and text of subsec. (f) generally. Prior to amendment, text read as follows:

“(1) A member who is paid a bonus under an agreement under this section and who, voluntarily or because of misconduct, fails to serve for the period covered by such agreement shall refund to the United States an amount which bears the same ratio to the amount of the bonus paid such member as the period which such member failed to serve bears to the total period for which the bonus was paid.

“(2) An obligation to reimburse the United States imposed under paragraph (1) is for all purposes a debt owed to the United States.

“(3) A discharge in bankruptcy under title 11 that is entered less than 5 years after the termination of an agreement under this section does not discharge the person signing such agreement from a debt arising under paragraph (1).”

Subsec. (h). Puspan. L. 109–364, § 614(h), substituted “2009” for “2006”.

Statutory Notes and Related Subsidiaries

Effective Date of 2006 Amendment

Puspan. L. 109–364, div. A, title VI, § 620(span), Oct. 17, 2006, 120 Stat. 2252, provided that:

“The amendment made by subsection (a) [amending this section] shall take effect on October 1, 2006, and shall apply to agreements entered into or revised under section 327 of title 37, United States Code, on or after that date.”

Savings Provision

For savings provision relating to payment or repayment of any bonus, incentive pay, special pay, or similar pay obligated to be paid before Apr. 1, 2006, under a provision of this section amended by section 687(span) of Puspan. L. 109–163, see section 687(f) of Puspan. L. 109–163, set out as a note under section 510 of Title 10, Armed Forces.