Page:United States Statutes at Large Volume 111 Part 2.djvu/649

 PUBLIC LAW 105-85—NOV. 18, 1997 111 STAT. 1729 (e) CLERICAL AMENDMENTS.— (1) The heading of such section is amended to read as follows: " §12304. Selected Reserve and certain Individual Ready Reserve members; order to active duty other than during war or national emergency". (2) The item relating to section 12304 in the table of sections at the beginning of chapter 1209 of such title is amended to read as follows: "12304. Selected Reserve and certain Individual Ready Reserve members; order to active duty other than during war or national emergency.". SEC, 512. TERMINATION OF MOBILIZATION INCOME INSURANCE PRO- GRAM. (a) IN GENERAL. —Chapter 1214 of title 10, United States Code, is amended by adding at the end the following new section: ''§ 12533. Termination of program "(a) IN GENERAL.— The Secretary shall terminate the insurance program in accordance with this section. " (b) TERMINATION OF NEW ENROLLMENTS.— The Secretary may not enroll a member of the Ready Reserve for coverage under the insurance program after the date of the enactment of this section. "(c) TERMINATION OF COVERAGE. —(1) The enrollment under the insurance program of insured members other than insured members described in paragraph (2) is terminated as of the date of the enactment of this section. The enrollment of an insured member described in paragraph (2) is terminated as of the date of the termination of the period of covered service of that member described in that paragraph. "(2) An insured member described in this paragraph is an insured member who on the date of the enactment of this section is serving on covered service for a period of service, or has been issued an order directing the performance of covered service, that satisfies or would satisfy the entitlement-to-benefits provisions of this chapter. "(d) TERMINATION OF PAYMENT OF BENEFITS. — The Secretary may not make any benefit payment under the insurance program after the date of the enactment of this section other than to an insured member who on that date (1) is serving on an order to covered service, (2) has been issued an order directing performance of covered service, or (3) has served on covered service before that date for which benefits under the program have not been paid to the member. "(e) TERMINATION OF INSURANCE FUND. —The Secretary shall close the Fund not later than 60 days after the date on which the last benefit payment from the Fund is made. Any amount remaining in the Fund when closed shall be covered into the Treasury as miscellaneous receipts.". (b) CLERICAL AMENDMENT.— The table of sections at the beginning of such chapter is amended by adding at the end the following new item: "12533. Termination of program.".

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