CONSIDERATION OF COMMISSION RECOMMENDATIONS BY THE PRESIDENT.

SEC. 675. CONSIDERATION OF COMMISSION RECOMMENDATIONS BY THE PRESIDENT.(a) Report of Presidential Approval or Disapproval.—Not later than 60 days after the date on which the Commission transmits its report to the President under section 674, the President shall transmit to the Commission and to Congress a report containing the approval or disapproval by the President of the recommendations of the Commission in the report.(b) Presidential Approval.—If in the report under subsection (a) the President approves all the recommendations of the Commission, the President shall include with the report the following:(1) A copy of the recommendations of the Commission.(2) The certification by the President of the approval of the President of each recommendation.(3) The legislative language transmitted by the Commission to the President as part of the report of the Commission.(c) Presidential Disapproval.—(1) Reasons for disapproval.—If in the report under subsection (a) the President disapproves the recommendations of 126 STAT. 1794 the Commission, in whole or in part, the President shall include in the report the reasons for that disapproval.(2) Revised recommendations from commission.—Not later than one month after the date of the report of the President under subsection (a) disapproving the recommendations of the Commission, the Commission shall transmit to the President revised recommendations for the modernization of the military compensation and retirement systems, together with revised legislative language to implement the revised recommendations of the Commission.(3) Action on revised recommendations.—If the President approves all of the revised recommendations of the Commission transmitted pursuant to paragraph (2), the President shall transmit to Congress, not later than one month after receiving the revised recommendations, the following:(A) A copy of the revised recommendations.(B) The certification by the President of the approval of the President of each recommendation as so revised.(C) The revised legislative language transmitted to the President.(d) Termination of Commission.—If the President does not transmit to Congress an approval and certification described in subsection (b) or (c)(3) in accordance with the applicable deadline under such subsection, the Commission shall be terminated not later than one month after the expiration of the period for transmittal of a report under subsection (c)(3).