LIMITATION REGARDING COST-OF-LIVING ADJUSTMENTS FOR MONTGOMERY GI BILL BENEFITS.

SEC. 12009. LIMITATION REGARDING COST-OF-LIVING ADJUSTMENTS FOR MONTGOMERY GI BILL BENEFITS. (a) Benefits Payable Under Chapter 30.— Section 3015(g) of title 38, United States Code, is amended— (1) by striking out “(1)” and all that follows through “(2)” and by redesignating subparagraphs (A) and (B) as paragraphs (1) and (2), respectively; and (2) in paragraph (2), as redesignated by paragraph (1) of this subsection, by striking out “subparagraph (Ar and inserting in lieu thereof “paragraph (1)”. 107 STAT. 416 (b) Benefits Payable Under Selected Reserve Program.— Section 2131(b)(2) of title 10, United States Code, is amended— (1) by striking out “(A)” the first place it appears and all that follows through “(B) With respect to” and inserting in lieu thereof “With respect to”; (2) by redesignating clauses (i) and (ii) as subparagraphs (A) and (B), respectively; and (3) in subparagraph (B), as redesignated by paragraph (2) of this subsection, by striking out “clause (i)” and inserting in lieu thereof “subparagraph (A)”. (c) Limitation.— The fiscal year 1995 cost-of-living adjustments in the rates of educational assistance payable under chapter 30 of title 38, United States Code, and under chapter 106 of title 10, United States Code, shall be the percentage equal to 50 percent of the percentage by which such assistance would be increased under section 3015( g) of title 38, and under section 2131(b)(2) of title 10, United States Code, respectively, but for this section. (d) Technical Amendments.— (1) Section 301(c) of Public Law 102–568 (106 Stat. 4326) is amended by striking out “Section 3015(f)” and inserting in lieu thereof “Section 3015(g) (as redesignated by section 307(a)(1))” (2) Section 307(a) of such Public Law (106 Stat. 4328) is amended by striking out “(as amended by section 301)”. (3) The amendments made by paragraphs (1) and (2) shall apply as if included in the enactment of Public Law 102–568.