Montgomery GI Bill Parity Act of 2021

To amend title 10, United States Code, to authorize concurrent use of Department of Defense Tuition Assistance and Montgomery GI Bill-Selected Reserve benefits, and for other purposes. 1. Short title This Act may be cited as the Montgomery GI Bill Parity Act of 2021 2. Concurrent use of Department of Defense Tuition Assistance and Montgomery GI Bill-Selected Reserve benefits (a) In general Section 16131 of title 10, United States Code, is amended by adding at the end the following new subsection: (k) (1) In the case of an individual entitled to educational assistance under this chapter who is pursuing education or training described in subsection (a) or (c) of section 2007 of this title on a half-time or more basis, the Secretary concerned shall, at the election of the individual, pay the individual educational assistance allowance under this chapter for pursuit of such education or training as if the individual were not also eligible to receive or in receipt of educational assistance under section 2007 for pursuit of such education or training. (2) (A) In the case of an individual entitled to educational assistance under this chapter who is pursuing education or training described in subsection (a) or (c) of section 2007 of this title on a less than half-time basis, the Secretary concerned shall, at the election of the individual, pay the individual an educational assistance allowance to meet all or a portion of the charges of the educational institution for tuition or expenses for the education or training that are not paid by the Secretary of the military department concerned under such subsection. (B) (i) The amount of the educational assistance allowance payable to an individual under this paragraph for a month shall be the amount of the educational assistance allowance to which the individual would be entitled for the month under subsection (b), (d), (e), or (f). (ii) The number of months of entitlement charged under this chapter in the case of an individual who has been paid an educational assistance allowance under this paragraph shall be equal to the number (including any fraction) determined by dividing the total amount of such educational assistance allowance paid the individual by the full-time monthly institutional rate of educational assistance which such individual would otherwise be paid under subparagraph (A), (B), (C), or (D) of subsection (b)(1), subsection (d), subsection (e), or subsection (f), as the case may be. . (b) Conforming amendments Section 2007(d) of such title is amended— (1) in paragraph (1), by inserting or chapter 1606 of this title of title 38 (2) in paragraph (2), by inserting , in the case of educational assistance under chapter 30 of such title, and section 16131(k), in the case of educational assistance under chapter 1606 of this title

Summary: Montgomery GI Bill Parity Act of 2021 This bill authorizes the payment of Montgomery GI Bill benefits to Selected Reserve or Ready Reserve members who are pursuing off-duty training or education as if the individuals were not also eligible to receive, or in receipt of, tuition assistance for such types of training. Under the bill, an individual who wishes to receive such benefits must elect to do so.