COAST GUARD REMISSION OF INDEBTEDNESS.

SEC. 203. COAST GUARD REMISSION OF INDEBTEDNESS. (a) Expansion of Authority to Remit Indebtedness.—Section 461 of title 14, United States Code, is amended to read as follows: “SEC. 461. Remission of indebtedness “The Secretary may have remitted or cancelled any part of a person’s indebtedness to the United States or any instrumentality of the United States if— “(1) the indebtedness was incurred while the person served on active duty as a member of the Coast Guard; and “(2) the Secretary determines that remitting or cancelling the indebtedness is in the best interest of the United States.” . (b) Clerical amendment.—The analysis for chapter 13 of title 14, United States Code, is amended by striking the item relating to section 461 and inserting the following:“461. Remission of indebtedness.”.