To waive interest and administrative charges in connection with the collection of overpayments of pay and allowances of members of the Armed Forces who served in Operation Desert Storm.

Prohibits the Secretaries of Defense or the military departments from collecting interest or other administrative charges in connection with the collection of any overpayment of pay or allowances provided during the Persian Gulf conflict to military personnel who served in Operation Desert Storm as long as the member agrees to repay the total amount of the overpayment.