(a) Accession Bonus Authorized.— Under regulations prescribed by the Secretary concerned, a person who executes a written agreement described in subsection (c) may be paid an accession bonus under this section upon acceptance of the agreement by the Secretary concerned.
(b) Amount of Bonus.— The amount of an accession bonus under subsection (a) may not exceed $8,000.
(c) Agreement.— A written agreement referred to in subsection (a) is a written agreement by a person—
(1)to complete officer candidate school;
(2)to accept a commission or appointment as an officer of the armed forces; and
(3)to serve on active duty as a commissioned officer for a period specified in the agreement.
(d) Payment Method.— Upon acceptance of a written agreement under subsection (a) by the Secretary concerned, the total amount of the accession bonus payable under the agreement becomes fixed. The agreement shall specify whether the accession bonus will be paid in a lump sum or installments.
(e) Repayment.— A person who, having received all or part of the bonus under a written agreement under subsection (a), does not complete the total period of active duty as a commissioned officer as specified in such agreement shall be subject to the repayment provisions of section
303a(e) of this title.
(f) Termination of Authority.— No agreement under this section may be entered into after December 31, 2014.
Amendment by Pub. L. 110–181effective as of Dec. 31, 2007, and subject to various special provisions, see section 610 ofPub. L. 110–181, set out as a Correction of Lapsed Authorities for Payment of Bonuses, Special Pays, and Similar Benefits for Members of the Uniformed Services note under section
2130a of Title
10, Armed Forces.
Pub. L. 109–364, div. A, title VI, § 622(a)(3),Oct. 17, 2006, 120 Stat. 2256, provided that: “The amendments made by this subsection [enacting this section] shall take effect on October 1, 2006.”
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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