Sec. 203. COAST GUARD REMISSION OF INDEBTEDNESS

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## SEC. 203 COAST GUARD REMISSION OF INDEBTEDNESS ###

(a)Expansion of Authority to Remit Indebtedness Section 461 of title 14, United States Code, is amended to read as follows: > > ## “SEC. 461 Remission of indebtedness > > “The Secretary may have remitted or cancelled any part of a person’s indebtedness to the United States or any instrumentality of the United States if— > > > #### “(1) > > the indebtedness was incurred while the person served on active duty as a member of the Coast Guard; and > > > #### “(2) > > the Secretary determines that remitting or cancelling the indebtedness is in the best interest of the United States.” > . ###

(b)Clerical amendment The analysis for chapter 13 of title 14, United States Code, is amended by striking the item relating to section 461 and inserting the following:“461. Remission of indebtedness.”.