37 U.S.C. § 330 — Special pay: accession bonus for officer candidates
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- (a)Accession Bonus AuthorizedUnder regulations prescribed by the Secretary concerned, a person who executes a written agreement described in subsection (c) may be paid an accession bonus under this section upon acceptance of the agreement by the Secretary concerned.
- (b)Amount of BonusThe amount of an accession bonus under subsection (a) may not exceed $8,000.
- (c)AgreementA written agreement referred to in subsection (a) is a written agreement by a person—
- (d)Payment MethodUpon acceptance of a written agreement under subsection (a) by the Secretary concerned, the total amount of the accession bonus payable under the agreement becomes fixed. The agreement shall specify whether the accession bonus will be paid in a lump sum or installments.
- (e)RepaymentA person who, having received all or part of the bonus under a written agreement under subsection (a), does not complete the total period of active duty as a commissioned officer as specified in such agreement shall be subject to the repayment provisions of section 303a(e) of this title.
- (f)Termination of AuthorityNo agreement under this section may be entered into after December 31, 2018.