80 STAT. ]
PUBLIC LAW 89-739-NOV. 2, 1966
1165
Public Law 89-738 AN ACT
For the relief of certain enlisted members of the military services who lost interest on amounts deposited under section 1035 of title 10, United States Code, or prior laws authorizing enlisted members' deposits, and for other purposes.
November 2, 1966
[H. R. 16394] ^
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary Armed services. Enlisted men. of a military department or his designee, shall adjust the deposit int'^'resT on deaccount of any enlisted member or former enlisted member of the posits. Army, Navy, A i r Force, or Marine Corps, as the case may be, who, after July 14, 1954, and before the effective date of this Act, upon discharge and immediate reenlistment or retirement and immediate recall to active duty, continued, without withdrawal and redeposit, his account for deposits made under section 1035 of title 10, United States Code, or prior laws authorizing enlisted members' deposits, 70A Stat. 80. to show that his deposits and interest accrued thereon were withdrawn and redeposited on the date of such reenlistment or recall to active duty. SEC. 2. The Secretary of the military department concerned, or his designee, shall pay to a former enlisted member described in section 1 of this Act any amount found due as a result of the adjustment prescribed by that section if he submits an application within two years following the date of enactment of this Act. I f the member is currently serving on active duty and has an active deposit account, the amount due him will automatically be credited to such account. I n the case of a deceased member, application under this section shall be made within two years following the date of enactment of this Act by the person determined to be eligible under section 2771 of title 10, United States Code. _ Jl.^l^'-J^""^74 Stat. 47 3. SEC. 3. All payments heretofore made which would, but for the fact of such payment, be payable under this Act are validated. However, if such a payment has been repaid to the United States, the fact of payment shall not affect entitlement under this Act. Approved November 2, 1966.
Public Law 89-739 AN ACT
November 2, 1966
To amend section 112 of the Internal Revenue Code of 1954 to increase from $200 to $500 the monthly combat pay exclusion for commissioned officers serving in combat zones.
CH. R.1727I]
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (b) Income taxes. of section 112 of the Internal Revenue Code of 1954 is amended by cius°"n^*in^^a striking out "$200" and inserting in lieu thereof "$500". 68A's'tat"74!^^* SEC. 2. The amendment made by the first section of this Act shall ^6 USC 112. apply with respect to compensation received in taxable years ending after December 31, 1965, for periods of active service after such date. Approved November 2, 1966.
65-300 0-67—76
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