2011—Subsec. (a)(2). Pub. L. 112–81 substituted “Chief Operating Officer” for “Retirement Home Board”.

2008—Subsec. (d). Pub. L. 110–181 added subsec. (d).

2001—Pub. L. 107–107, § 1410(a)(2), inserted “Armed Forces” before “Retirement Home Trust Fund” in section catchline.

Subsec. (c). Pub. L. 107–107, § 1404(b)(2), substituted “Chief Operating Officer” for “Director”.

Subsec. (d). Pub. L. 107–107, § 1410(b)(2), struck out heading and text of subsec. (d). Text read as follows:

“(1) During the period beginning on November 5, 1990, and ending on September 30, 1994, the Fund shall contain a separate account for each establishment of the Retirement Home. During that period, contributions shall be collected under subsection (a) of this section for the account of the Naval Home for the purpose of achieving a trust fund five times the estimated annual operating budget of the Naval Home.

“(2) Beginning on November 5, 1990, funds required for the operation of the United States Soldiers’ and Airmen’s Home shall be drawn from the appropriate account. Beginning on October 1, 1991, funds required for the operation of the Naval Home shall be drawn from the account of the Naval Home.

“(3) During the period beginning on November 5, 1990, and ending on September 30, 1994—

“(A) amounts collected as monthly fees paid by residents of the Naval Home and amounts referred to in subsections (a)(4) and (a)(5) of this section derived from enlisted members, warrant officers, and limited duty officers of the Navy, Marine Corps, and Coast Guard shall be credited to the account relating to that establishment; and

“(B) amounts collected as monthly fees paid by residents of the United States Soldiers’ and Airmen’s Home and amounts referred to in subsections (a)(4) and (a)(5) of this section derived from members and warrant officers of the Army and Air Force shall be credited to the account relating to that establishment.”

Section effective Nov. 5, 1990, see section 1541(b) of Pub. L. 101–510, formerly set out as a note under section 401 of this title.