STABILIZATION OF DOLLAR THRESHOLD OF APPLICABILITY.

SEC. 1201. STABILIZATION OF DOLLAR THRESHOLD OF APPLICABILITY. (a) Repeal of Reversion to Lower Threshold.— Paragraph (1)(A) of section 2306a(a) of title 10, United States Code, is amended— (1) in clause (i), by striking out “and before January 1, 1996,”; and (2) in clause (ii), by striking out “or after December 31, 1995,”. (b) Adjustments for Changes in Dollar Values.— Section 2306a(a) of such title is amended by adding at the end the following new subparagraph: “(7) Effective on October 1 of each year that is divisible by 5, each amount set forth in paragraph (1) shall be adjusted to the amount that is equal to the fiscal year 1994 constant dollar value of the amount set forth. Any amount, as so adjusted, that is not evenly divisible by $50,000 shall be rounded to the nearest multiple of $50,000. In the case of an amount that is evenly divisible by $25,000 but not evenly divisible by $50,000, the amount shall be rounded to the next higher multiple of $50,000.”. (c) Repeal.— Paragraph (6) of section 2306a(a) of such title is amended— (1) by striking out “(A)”; and 108 STAT. 3274 (2) by striking out subparagraph (B).