1. Short title
This Act may be cited as the “Military Spouse Relocation and Contract Reimbursement Act”.
Military Spouse Relocation and Contract Reimbursement Act
A BILL
To authorize use of amounts in My Career Advancement Account Program accounts for fines for breaking employment contracts in connection with permanent changes of station.
2. Availability to military spouses of amounts in My Career Advancement Account Program accounts for fines for breaking employment contracts in connection with member permanent changes of station
In general— Amounts in the My Career Advancement Account (MyCAA) Program account of a military spouse may be used to reimburse the military spouse for payment by the military spouse of a fine imposed on the military spouse by an employer in connection with the breaking of an employment contract if the military spouse breaks the employment contract for purposes of relocation with the member of the Armed Forces concerned due to a permanent change of station.
Limitation— The total amount used by a military spouse for a reimbursement under subsection (a) may not exceed the lesser of—
the amount in the My Career Advancement Account Program account of the military spouse at the time of the reimbursement; or
$4,000.