text: SECTION 1. INCLUSION OF HAZARDOUS DUTY PAY AND DIVING PAY IN 
                COMPUTATION OF MILITARY RETIRED PAY FOR MEMBERS OF THE 
                ARMED FORCES WITH EXTENSIVE HAZARDOUS DUTY EXPERIENCE.
  
      (a) In General.--Chapter 71 of title 10, United States Code, is 
  amended by adding at the end the following new section:
  ``Sec. 1415. Members with extensive hazardous duty experience: increase 
                in retired pay
      ``(a) Increase in Retired Pay for Qualifying Members.--The retired 
  pay of a member who performs qualifying hazardous duty and who retires 
  on or after the date of the enactment of this section shall be 
  increased by the amount determined under subsection (b).
      ``(b) Computation of Increase.--The amount of an increase in 
  retired pay under this section shall be the sum of the following:
              ``(1) Hazardous duty special pay.--If the member received 
          special pay under section 301 of title 37, the amount equal to 
          the product of--
                      ``(A) the monthly amount of special pay under that 
                  section as in effect for the final month for which the 
                  member received that special pay; and
                      ``(B) the fraction in which the numerator is the 
                  number of months for which the member received such 
                  special pay and the denominator is the total number of 
                  months for which the member received basic pay.
              ``(2) Diving duty special pay.--If the member received 
          special pay under section 304 of title 37, the amount equal to 
          the product of--
                      ``(A) the monthly amount of special pay under that 
                  section as in effect for the final months for which the 
                  member received that special pay; and
                      ``(B) the fraction in which the numerator is the 
                  number of months for which the member received such 
                  special pay and the denominator is the total number of 
                  months for which the member received basic pay.
      ``(c) Qualifying Members.--A member shall be considered to have 
  performed qualifying hazardous duty for purposes of this section if the 
  member received special pay under section 301 of title 37 (relating to 
  special pay for hazardous duty) or section 304 of title 37 (relating to 
  special pay for diving duty), or both, for not less than 60 months 
  (whether or not consecutive).
      ``(d) Treatment Under Other Provisions Relating to Retired Pay.--An 
  amount by which retired pay is increased under this section shall not 
  be considered to be retired pay for purposes of section 1408 of this 
  title or for purposes of the Survivor Benefit Plan under subchapter II 
  of chapter 73 of this title.
      ``(e) Retainer Pay.--In this section, the term `retired pay' 
  includes retainer pay payable under section 6330 of this title.''.
      (b) Clerical Amendment.--The table of sections at the beginning of 
  such chapter is amended by adding at the end the following new item:
  
  ``1415. Members with extensive hazardous duty experience: increase in 
                              retired pay.''.
  
  SEC. 2. COMPTROLLER GENERAL STUDY OF TAX CREDITS AND SMALL BUSINESS 
                LOAN CHANGES TO ASSIST BUSINESSES THAT EMPLOY GUARD AND 
                RESERVE MEMBERS.
  
      (a) Study Required.--The Comptroller General shall conduct a study 
  to determine--
              (1) whether members of the National Guard and Reserve 
          comprise a disproportionately large portion of the employees of 
          any size or type of business, including small business 
          concerns;
              (2) the amount of Federal tax benefit that would be 
          appropriate to compensate such a business for costs associated 
          with employing members of National Guard and Reserve units and 
          having such members called to active duty; and
              (3) whether changes can be made to the small business loan 
          program, such as a targeted level of loans, reduced interest 
          rates, and reduced paperwork burdens for loan applications, to 
          assist small business concerns to deal with the costs 
          associated with employing members of National Guard and Reserve 
          units and having such members called to active duty.
      (b) Report.--Not later than 180 days after the date of the 
  enactment of this Act, the Comptroller General shall submit to Congress 
  a report containing the results of the study. The report shall include 
  legislative proposals--
              (1) to provide the recommended tax benefit identified in 
          the study; and
              (2) to modify the small business loan program to assist 
          small business concerns that employ members of National Guard 
          and Reserve units.
  
  SEC. 3. SECRETARY OF DEFENSE REPORT ON EXPANSION OF JUNIOR ROTC AND 
                SIMILAR MILITARY PROGRAMS FOR YOUNG PEOPLE.
  
      (a) Findings.--Congress finds that--
              (1) the Junior Reserve Officers' Training Corps, the Civil 
          Air Patrol, the Naval Sea Cadet Corps, and the Young Marines of 
          the Marine Corps League provide significant benefits for the 
          Armed Forces, including significant public relations benefits; 
          and
              (2) there is substantial interest in expanding the scope of 
          those programs.
      (b) Report.--Not later than 180 days after the date of the 
  enactment of this Act, the Secretary of Defense shall submit to 
  Congress a report providing the Secretary's assessment of the 
  feasibility and desirability of expanding the Junior Reserve Officers' 
  Training Corps program of each of the military departments, the Civil 
  Air Patrol, the Naval Sea Cadet Corps, and the Young Marines of the 
  Marine Corps League. The report shall include such recommendations as 
  the Secretary considers appropriate for expansion of those programs 
  through an increase in the number of units or participants in those 
  programs, increased funding for those programs, or such other means as 
  the Secretary determines.
target: Includes hazardous duty pay and diving duty special pay received for at least 60 months as qualifying pay in the computation of military retired pay. Directs the Comptroller General to study the possibility of tax credits or small business loan incentives for businesses that employ National Guard and reserve personnel. Directs the Secretary of Defense to report to Congress on an assessment of the feasibility and desirability of expanding the Junior Reserve Officers' Training Corps (ROTC) program of each of the military departments, the Civil Air Patrol, the Naval Sea Cadet Corps, and the Young Marines of the Marine Corps League.
feat_title: To amend title 10, United States Code, to provide for the inclusion of hazardous duty pay and diving pay in the computation of military retired pay for members of the Armed Forces with extensive hazardous duty experience, to require a Comptroller General study on the need for a tax credit for businesses that employ members of the National Guard and Reserve, and to require a report by the Secretary of Defense on the expansion of the Junior ROTC and similar military programs for young people.