Page:United States Statutes at Large Volume 113 Part 1.djvu/697

 PUBLIC LAW 106-65—OCT. 5, 1999 113 STAT. 673 for the benefit of the member for each pay period of the 6-year period of the agreement for which the member makes a contribution to the Fund under section 8440e of title 5 (other than under subsection (d)(2) thereof). Paragraph (2) of section 8432(c) of title 5 applies to the Secretary obligation to make contributions under this paragraph, except that the reference in such paragraph (2) to contributions under paragraph (1) of such section 8432(c) does not apply.". SEC. 663. EFFECTIVE DATE. 5 USC 8440 note. (a) APPLICABILITY. — (1) Except as provided in paragraph (2), the authority of members to participate in the Thrift Savings Plan under section 211 of title 37, United States Code (as amended by this subtitle) shall take effect on the date on which qualifying offsetting legislation (as defined in subsection (b)) is enacted or 1 year after the date of the enactment of this Act, whichever is later. As used in the preceding sentence, the term "member" has the meaning given such term by section 211 of such title 37 (as so amended). (2)(A) The Secretary of Defense may postpone the authority of members of the Ready Reserve to so participate in the Thrift Savings Plan until 180 days after the date that would otherwise apply under paragraph (1) if the Secretary, after consultation with the Executive Director (appointed by the Federal Retirement Thrift Investment Board), determines that permitting such members to participate in the Thrift Savings Plan beginning on the date that would otherwise apply under paragraph (1) would place an excessive burden on the administrative capacity of the Board to accommodate participants in the Thrift Savings Plan. (B) The Secretary shall notify the congressional defense commit- Notification, tees, the Committee on Government Reform of the House of Representatives, and the Committee on Governmental Affairs of the Senate of any determination made under subparagraph (A). (b) EFFECTIVENESS CONTINGENT ON OFFSETTING LEGISLATION.— (1) The amendments made by this subtitle shall be effective only if— (A) the President, in the budget of the President for fiscal year 2001, proposes legislation which, if enacted, would be qualifying offsetting legislation; and (B) there is enacted during the second session of the One Hundred Sixth Congress qualifying offsetting legislation. The preceding sentence shall not apply with respect to the amendment made by section 661(a)(3)(B)(i). (2) For purposes of this subtitle: (A) The term "qualifying offsetting legislation" means legislation (other than an appropriations Act) that includes provisions that— (i) offset fully the decreased revenues for each of fiscal years 2000 through 2009 to be made by reason of the amendments made by this subtitle; (ii) expressly state that they are enacted for the purpose of the offset described in clause (i); and (iii) are included in full on the PayGo scorecard. (B) The term "PayGo scorecard" means the estimates that are made with respect to fiscal years through fiscal year 2009 by the Director of the Congressional Budget Office and the Director of the Office of Management and Budget under section

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