IIA

105TH CONGRESS

1ST SESSION H. R. 497

IN THE SENATE OF THE UNITED STATES

FEBRUARY 27, 1997

Received

MARCH 12, 1997

Read twice and referred to the Committee on Governmental Affairs

AN ACT

To repeal the Federal charter of Group Hospitalization and

Medical Services, Inc., and for other purposes.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,
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HR 497 RFS

1 SECTION 1. REPEAL OF FEDERAL CHARTER OF GROUP

2 HOSPITALIZATION AND MEDICAL SERVICES,

3 INC.

4 (a) REPEAL OF FEDERAL CHARTER.—

5 (1) IN GENERAL.—The Act entitled ‘‘An Act

6 providing for the incorporation of certain persons as

7 Group Hospitalization, Inc.’’, approved August 11,

8 1939 (53 Stat. 1412), is repealed.

9 (2) AUTHORIZATION TO FILE ARTICLES OF IN10 CORPORATION.—Group Hospitalization and Medical

11 Services, Inc. is hereby authorized to file articles of

12 incorporation under the District of Columbia Non13 profit Corporation Act.

14 (3) EFFECTIVE DATE.—The amendment made

15 by paragraph (1) shall take effect upon the filing

16 and effectiveness of articles of incorporation of

17 Group Hospitalization and Medical Services, Inc.

18 under the District of Columbia Nonprofit Corpora19 tion Act.

20 (b) EFFECTS OF BECOMING A DISTRICT OF COLUM21 BIA NONPROFIT CORPORATION.—Effective upon the filing

22 and effectiveness of articles of incorporation of Group

23 Hospitalization and Medical Services, Inc. as authorized

24 in paragraph (2) of subsection (a), Group Hospitalization

25 and Medical Services, Inc.—
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HR 497 RFS

1 (1) shall be a District of Columbia nonprofit

2 corporation subject to the articles of incorporation;

3 (2) shall be deemed organized and existing

4 under the District of Columbia Nonprofit Corpora5 tion Act, notwithstanding any of the provisions of

6 section 4 of the District of Columbia Nonprofit Cor7 poration Act regarding organizations subject to any

8 of the provisions of the insurance laws of the Dis9 trict of Columbia;

10 (3) shall be legally domiciled in the District of

11 Columbia;

12 (4) shall be regulated by the Superintendent of

13 Insurance of the District of Columbia in accordance

14 with the laws and regulations of the District of Co15 lumbia;

16 (5) shall continue to exist; and

17 (6) shall continue to be authorized to transact

18 business—

19 (A) under existing certificates of authority

20 and licenses issued to Group Hospitalization

21 and Medical Services, Inc. before such filing

22 and effectiveness,

23 (B) under the name ‘‘Group Hospitaliza24 tion and Medical Services, Inc.’’, and

25 (C) under applicable laws and regulations.
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HR 497 RFS

1 SEC. 2. WAIVER OF CONGRESSIONAL REVIEW PERIOD.

2 Notwithstanding section 602(c)(1) of the District of

3 Columbia Self-Government and Governmental Reorganiza4 tion Act (sec. 1–233(c)(1), D.C. Code), the Hospital and

5 Medical Services Corporation Regulatory Act of 1996

6 (D.C. Act 11–505) shall take effect on the date of the

7 enactment of such Act or the date of the enactment of

8 this Act, whichever is later.

Passed the House of Representatives February 26,

1997.

Attest: ROBIN H. CARLE,

Clerk.