HR 5535 - Peace Corps Reauthorization Act of 2008

To amend the Peace Corps Act to provide continued funding for the Peace Corps, to increase the readjustment allowance for returning Peace Corps volunteers, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

March 5, 2008

Mr. FARR (for himself, Mr. SHAYS, Mr. HONDA, Mr. WALSH of New York, Mr. PETRI, and Ms. MCCOLLUM of Minnesota) introduced the following bill; which was referred to the Committee on Foreign Affairs

A BILL

To amend the Peace Corps Act to provide continued funding for the Peace Corps, to increase the readjustment allowance for returning Peace Corps volunteers, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the `Peace Corps Reauthorization Act of 2008'.

SEC. 2. FUNDING FOR THE PEACE CORPS.

Section 3(b)(1) of the Peace Corps Act (22 U.S.C. 2502(b)(1)) is amended--

(1) by striking `and'; and

(2) by inserting before the period at the end the following: `, $400,000,000 for fiscal year 2009, $500,000,000 for fiscal year 2010, $600,000,000 for fiscal year 2011, and $700,000,000 for fiscal year 2012'.

SEC. 3. READJUSTMENT ALLOWANCE FOR PEACE CORPS VOLUNTEERS.

Section 5(c) of the Peace Corp Act (22 U.S.C. 2504(c)) is amended, in the first sentence, by striking `$125' and inserting `$225'.

END