Detailed Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Problem:SECTION 1. SHORT TITLE.

This Act may be cited as the ''National Guard and Reserve
Educational Benefits Fairness Act of 2007''.

SEC. 2. EDUCATIONAL ASSISTANCE UNDER THE MONTGOMERY GI BILL FOR MEMBERS
OF THE NATIONAL GUARD AND RESERVE WHO SERVE EXTENDED
PERIOD OF CONTINUOUS ACTIVE DUTY THAT INCLUDE A PROLONGED
PERIOD OF SERVICE IN CERTAIN THEATERS OF OPERATION.

(a) Basic Educational Assistance for Certain Members of the
National Guard and Reserve.--
(1) In general.--Chapter 30 of title 38, United States
Code, is amended by inserting after section 3012 the following
new section:
''Sec. 3012A.\ Basic educational assistance entitlement for members of
the National Guard and Reserve for extended service on
active duty that includes prolonged service in certain
theaters of operation
''(a) An individual--
''(1) who as a Reserve (including as a member of the
National Guard)--
''(A) on or after September 11, 2001, serves a
period of active duty of at least 20 months of
continuous active duty in the Armed Forces; and
''(B) during the period of active duty service
described in subparagraph (A), serves a period of not
less than 12 months in a theater of operations
designated by the Secretary of Defense for purposes of
this section;
''(2) who completes the requirements of a secondary school
diploma (or equivalency certificate), or successfully completes
(or otherwise receives academic credit for) the equivalent of
12 semester hours in a program of education leading to a
standard college degree, before applying for benefits under
this section; and
''(3) who, after completion of the service described in
paragraph (1)--
''(A) is discharged from service with an honorable
discharge, is placed on the retired list, or is
transferred to the Standby Reserve after service as a
Reserve (including service as a member of the National
Guard) characterized by the Secretary concerned as
honorable; or
''(B) continues service as a Reserve (including as
a member of the National Guard);
is entitled to basic educational assistance under this chapter.
''(b)(1) An individual described by paragraph (1) of subsection (a)
who seeks entitlement under this section to basic educational
assistance under this chapter shall notify the Secretary of an election
of entitlement to assistance under this chapter in such form and manner
as the Secretary and the Secretary of Defense shall jointly prescribe
for purposes of this section.
''(2) A notice of election under paragraph (1) shall be made at
such time or times as the Secretary and the Secretary of Defense shall
jointly prescribe for purposes of this section.
''(3) Notwithstanding a notice of election under paragraph (1), an
individual covered by that paragraph is not entitled to basic
educational assistance under this chapter unless and until the
individual satisfies the requirements of paragraphs (2) and (3) of
subsection (a).
''(c)(1)(A) In the case of an individual making a notice of
election under subsection (b) who is on active duty in the Armed Forces
at the time of such notice, the basic pay of such individual shall be
reduced by $100 for each month following the month of the notice during
which the individual remains on active duty in the Armed Forces until
the number of months of such reduction equals 12 months.
''(B) If an individual covered by this paragraph ceases to be on
active duty in the Armed Forces before the number of months of
reduction in basic pay under subparagraph (A) equals 12 months, the
Secretary of Defense shall collect from the individual, before the
individual commences receipt of basic educational assistance under this
chapter, an amount equal to--
''(i) $1,200; minus
''(ii) the aggregate amount of the reduction in basic pay
of the individual under subparagraph (A).
''(2) In the case of an individual making a notice of election
under subsection (b) who is not on active duty in the Armed Forces at
the time of such notice, the Secretary of Defense shall collect from
the individual, before the individual commences receipt of basic
educational assistance under this chapter, an amount equal to $1,200.
The Secretary of Defense may collect any portion of such amount through
reductions in basic pay in accordance with paragraph (1)(A) if the
individual returns to active duty in the Armed Forces after making the
notice of election but before the collection of such amount by the
Secretary of Defense.
''(3)(A) Any amount by which the basic pay of an individual is
reduced under this subsection shall revert to the Treasury and shall
not, for purposes of any Federal law, be considered to have been
received by or to be within the control of the individual.
''(B) Any amount collected by the Secretary of Defense under this
subsection shall be deposited into the Treasury as miscellaneous
receipts.''.
(2) Clerical amendment.--The table of sections at the
beginning of chapter 30 of such title is amended by inserting
after the item relating to section 3012 the following new item:

''3012A.\ Basic educational assistance entitlement for members of the
National Guard and Reserve for extended
service on active duty that includes
prolonged service in certain theaters of
operation.''.
(b) Duration of Basic Educational Assistance.--Section 3013 of such
title is amended--
(1) by redesignating subsections (e) and (f) as subsections
(f) and (g), respectively; and
(2) by inserting after subsection (d) the following new
subsection (e):
''(e) Subject to section 3695 of this title, each individual
entitled to basic educational assistance under section 3012A of this
title is entitled to 36 months of educational assistance benefits under
this chapter (or the equivalent thereof in part-time educational
assistance.''.
(c) Amount of Assistance.--
(1) In general.--Section 3015 of such title is amended by
adding at the end the following new subsection:
''(i) The amount of basic educational allowance payable under this
chapter to an individual entitled to an educational assistance
allowance under section 3012A of this title is the amount determined
under subsection (a).''.
(2) Conforming amendment.--Section 3014(b)(2)(C) of such
title is amended by striking ''or (e)(1)'' and inserting
''(e)(1), or (i)(1)''.
Solution:
National Guard and Reserve Educational Benefits Fairness Act of 2007 - Provides educational assistance under the Montgomery GI Bill for members of the National Guard and Reserve for extended service on continuous active duty that includes prolonged service in certain theaters of operation.