(a)
(b)
(1) pay grade E–6, with not more than 10 years of service computed under section 205 of this title; or
(2) pay grade E–5 or below, regardless of years of service.
(c)
(2) A bonus payable under this section shall be disbursed in one lump sum when the member's conversion to the military occupational specialty is approved by the chief personnel officer of the regular or reserve component of the member's armed force.
(d)
(e)
(f)
(g)
Amendments
2017—Subsec. (g). Pub. L. 115–91 substituted "December 31, 2018" for "December 31, 2017".
2016—Subsec. (g). Pub. L. 114–328 substituted "December 31, 2017" for "December 31, 2016".
2015—Subsec. (g). Pub. L. 114–92 substituted "December 31, 2016" for "December 31, 2015".
2014—Subsec. (g). Pub. L. 113–291 substituted "December 31, 2015" for "December 31, 2014".
2013—Subsec. (c)(1). Pub. L. 112–239, §617, substituted "$4,000." for "$4,000, in the case of a member of a regular component of the armed forces, and $2,000, in the case of a member of a reserve component of the armed forces."
Subsec. (g). Pub. L. 113–66 substituted "December 31, 2014" for "December 31, 2013".
Pub. L. 112–239, §615(6), substituted "December 31, 2013" for "December 31, 2012".
2011—Subsec. (g). Pub. L. 112–81 substituted "December 31, 2012" for "December 31, 2011".
Pub. L. 111–383 substituted "December 31, 2011" for "December 31, 2010".
2009—Subsec. (g). Pub. L. 111–84 substituted "December 31, 2010" for "December 31, 2009".
2008—Subsec. (g). Pub. L. 110–417 substituted "December 31, 2009" for "December 31, 2008".
Pub. L. 110–181 substituted "December 31, 2008" for "December 31, 2007".
2006—Subsec. (e). Pub. L. 109–163, amended heading and text of subsec. (e) generally, substituting provisions referring to repayment provisions of section 303a(e) for specific provisions relating to refunds required when member fails to serve in specified military occupational specialty for agreed upon period.
Subsec. (g). Pub. L. 109–364 substituted "December 31, 2007" for "December 31, 2006".
2004—Subsec. (a). Pub. L. 108–375, §622(a)(1), inserted "of a regular or reserve component" after "an eligible member".
Subsec. (b). Pub. L. 108–375, §622(a)(2), substituted comma for dash after "if", struck out "(1) the member is entitled to basic pay; and" and par. (2) designation before "at the time", and redesignated subpars. (A) and (B) of former par. (2) as pars. (1) and (2), respectively.
Subsec. (c)(1). Pub. L. 108–375, §622(b), inserted before period at end ", in the case of a member of a regular component of the armed forces, and $2,000, in the case of a member of a reserve component of the armed forces".
Subsec. (c)(2). Pub. L. 108–375, §622(a)(3), inserted "regular or reserve component of the" after "chief personnel officer of the".
Effective Date of 2008 Amendment
Amendment by Pub. L. 110–181 effective as of Dec. 31, 2007, and subject to various special provisions, see section 610 of Pub. L. 110–181, set out as a Correction of Lapsed Authorities for Payment of Bonuses, Special Pays, and Similar Benefits for Members of the Uniformed Services note under section 2130a of Title 10, Armed Forces.
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(b) of Pub. L. 109–163, see section 687(f) of Pub. L. 109–163, set out as a note under section 510 of Title 10, Armed Forces.