REENLISTMENT BONUS FOR MEMBERS OF THE SELECTED RESERVE.

SEC. 619. REENLISTMENT BONUS FOR MEMBERS OF THE SELECTED RESERVE.(a) Minimum Term of Reenlistment or Enlistment Extension.—Subsection (a)(2) of 308b of title 37, United States Code, is amended by striking “his enlistment for a period of three years or for a period of six years” and inserting “an enlistment for a period of at least three years”.(b) Maximum Bonus Amount.—Subsection (b)(1) of such section is amended by striking “may not exceed” and all that follows through the end of the paragraph and inserting “may not exceed $15,000.”.(c) Conforming Amendments Regarding Eligibility Requirements.—Subsection (c) of such section is amended—(1) by striking the subsection heading and all that follows through “(2) In the case” and inserting “Waiver of Condition on Eligibility.—In the case”; and(2) by striking “paragraph (1)(B) or”.(d) Effective Date.—The amendments made by this section shall apply with respect to reenlistments or extensions of enlistment that occur on or after the date of the enactment of this Act.