A bill to amend title 37, United States Code, to provide an incentive plan for participation in the Ready Reserve.

[AI summary unavailable — showing source text] Provides special pay for participation in the Ready Reserve by enlisted members of a reserve component of an armed forces who: (1) have completed at least two years of active duty or have completed, as determined by the Secretary concerned, the required period of service in the Ready Reserve; and (2) have enlisted, reenlisted extended their enlistments or executed an incentive pay agreement. Entitles such individuals to special pay at the rate of (1) $100 for enlistment, reenlistment, extention of enlistment or execution of an incentive pay agreement and (2) $100 per year under such above conditions. Provides that the total amount paid to a member may not exceed $2,000. (Adds 37 U.S.C. 312)…