Page:United States Statutes at Large Volume 110 Part 5.djvu/263

 PUBLIC LAW 104-275—OCT. 9, 1996 110 STAT. 3337 TITLE IV—VETERANS LIFE INSURANCE PROGRAMS Veterans' Insurance Reform Act of 1996. SEC. 401. SHORT TITLE. 38 USC 101 note. This title may be cited as the "Veterans' Insurance Reform Act of 1996". SEC. 402. MERGER OF RETIRED RESERVE SERVICEMEMBERS' GROUP LIFE INSURANCE AND VETERANS' GROUP LIFE INSURANCE AND EXTENSION OF VETERANS' GROUP LIFE INSURANCE TO MEMBERS OF THE READY RESERVE. (a) DEFINITIONS.— Section 1965(5) is amended— (1) by adding "and" at the end of subparagraph (B); (2) by striking out subparagraphs (C) and (D); and (3) by redesignating subparagraph (E) as subparagraph (C). (b) PERSONS INSURED,—Section 1967 is amended— (1) in subsection (a)— (A) by inserting "and" at the end of paragraph (1); (B) by striking out paragraphs (3) and (4); and (C) in the matter following paragraph (2), by striking out "or the first day a member of the Reserves, whether or not assigned to the Retired Reserve of a uniformed service, meets the qualifications of section 1965(5)(C) of this title, or the first day a member of the Reserves meets the qualifications of section 1965(5)(D) of this title,"; and (2) by striking out subsection (d). (c) DURATION AND TERMINATION OF COVERAGE. — Section 1968 is amended— (1) in subsection (a)— (A) by striking out "subparagraph (B), (C), or (D) of section 1965(5)" in the matter preceding paragraph (1) and inserting in lieu thereof "section 1965(5)(B)"; (B) by striking out the period at the end of paragraphs (1) and (2) and inserting in lieu thereof a semicolon; (C) by striking out the period at the end of paragraph (3) and inserting in lieu thereof "; and"; (D) in paragraph (4)— (i) by striking out "one hundred and twenty days after" in the matter preceding subparagraph (A) and all that follows through "(A) unless on" and inserting in lieu thereof "120 days after separation or release from such assignment, unless on"; (ii) by striking out "prior to the expiration of one hundred and twenty days" and inserting in lieu thereof "before the end of 120 days"; (iii) by striking out the semicolon after "such assignment" and inserting in lieu thereof a period; and (iv) by striking out subparagraphs (B) and (C); and (E) by striking out paragraphs (5) and (6); and (2) in subsection (b), by striking out the last two sentences. (d) DEDUCTIONS. —Section 1969 is amended—

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