A bill to amend certain laws affecting the Coast Guard.

Extends the area in which unauthorized aids to maritime navigation are prohibited. Expands the Secretary's regulatory powers over aids to maritime navigation. Provides that regular lieutenants shall be retired after 20 years of active service if they have failed selection for lieutenant commander for the second time. Provides that each regular lieutenant commander and commander shall be retired after 20 years of active service if they have failed selection for captain for the second time.

States that funds appropriated to or for the use of the Coast Guard fo acquisition, construction, and improvement of facilities; for research, development, test, and evaluation; and for the alteration of bridges over the navigable waters shall remain available until expended. Provides for education payments for dependents of Coast Guard personnel stationed outside of the continental United States.

Provides that for eomputation of disability or death benefits for temporary members, such person shall be deemed to have had monthly pay of $600. States that to permit the enlistment of Reserve members without interruption of full-time schooling in which they are engaged, the four month initial period of active duty for training requirement may be divided into two successive annual periods of not less than two months each.