Puerto Rico Task Force Economic Empowerment Act of 2017

To support businesses in Puerto Rico, improve health funding for Puerto Rico, and promote security in Puerto Rico, and for other purposes. 1. Short title; table of contents (a) Short title This Act may be cited as the Puerto Rico Task Force Economic Empowerment Act of 2017 (b) Table of contents The table of contents of this Act is as follows: Sec. 1. Short title; table of contents. Title I—Employment Subtitle A—Flexibility for Puerto Rico in Small Business Administration programs Sec. 1101. Short title. Sec. 1102. Definitions. Part I—Lending Sec. 1111. Microloan program for Puerto Rico small business concerns. Sec. 1112. Fee reductions. Sec. 1113. Economic stimulus lending program for small businesses. Sec. 1114. Contribution percentages for 504 projects. Sec. 1115. Independent subsidy calculation. Part II—Procurement Sec. 1121. Contracting preference for Puerto Rico businesses. Sec. 1122. Priority for surplus property transfers. Sec. 1123. Subcontracting incentives for protege firms that are Puerto Rico businesses. Sec. 1124. Additional mentor-protege relationships for protege firms that are Puerto Rico businesses. Part III—Entrepreneurial Development Sec. 1131. Veteran Business Outreach Center in Puerto Rico. Sec. 1132. FAST grant program for Puerto Rico. Part IV—Small Business Administration Oversight Sec. 1141. Requirement for the District Director of Puerto Rico. Part V—Disaster Loan Program Expansion Sec. 1151. Amendment to definition of disaster for 7(b) loans. Part VI—Amendment to the Investment Company Act of 1940 Sec. 1161. Termination of exemption for companies in territories of the United States. Subtitle B—Unemployment pilot programs Sec. 1201. Reemployment through demonstration projects. Sec. 1202. Evaluation of demonstration projects. Subtitle C—Federal Statistics Sec. 1301. Authority to transfer Department of Labor appropriations, to include Puerto Rico in reports of the Bureau of Labor Statistics. Sec. 1302. Annual report by principal Federal statistical agencies on Puerto Rico. Title II—Health Subtitle A—Improved Prescription Drug Funding Sec. 2101. Increasing levels of pharmacy assistance. Sec. 2102. Treatment of prescription drug assistance to all part D eligibles as medical assistance; no territory match required. Subtitle B—Additional provisions Sec. 2201. Calculation of Medicare DSH payments for IPPS hospitals in Puerto Rico. Sec. 2202. Administrative flexibility with respect to the territories. Sec. 2203. Sense of Congress regarding Federal health programs in territories of the United States. Title III—Security Sec. 3101. Caribbean border counternarcotics strategy. I Employment A Flexibility for Puerto Rico in Small Business Administration programs 1101. Short title This subtitle may be cited as the Puerto Rico Opportunity, Small Business Prosperity, and Economic Revitalization Act of 2017 1102. Definitions (a) In general In this subtitle: (1) Administrator The term Administrator (2) Oversight Board termination date The term Oversight Board termination date 48 U.S.C. 2121 (3) Puerto Rico The term Puerto Rico (4) Puerto Rico business The term Puerto Rico business (5) Small business concern The term small business concern 15 U.S.C. 632 (b) Small Business Act Section 3 of the Small Business Act ( 15 U.S.C. 632 (ee) Puerto Rico business In this Act, the term Puerto Rico business . I Lending 1111. Microloan program for Puerto Rico small business concerns (a) Increase in access to capital for certain intermediaries Section 7(m)(3)(C) of the Small Business Act ( 15 U.S.C. 636(m)(3)(C) (1) by inserting and except as provided in clause (ii) subsection (a)(3) (2) by striking Notwithstanding (i) In general Notwithstanding ; and (3) by adding at the end the following: (ii) Exception for certain Puerto Rico businesses (I) In general No loan shall be made under this subsection if the total amount outstanding and committed to 1 covered intermediary (excluding outstanding grants) from the business loan and investment fund established by this Act would, as a result of such loan, exceed $6,000,000 in the remaining years of the covered intermediary's participation in the program. (II) Definition In this clause, the term covered intermediary (aa) is participating in the program; and (bb) submits to the Administrator a certification that not less than 20 percent of the microloans made by the intermediary under this subsection, during such period as the Administrator may specify, will be made to Puerto Rico businesses. . (b) Waiver of 25/75 rule for microloans to Puerto Rico small business concerns (1) Waiver authorized Section 7(m)(4)(E) of the Small Business Act ( 15 U.S.C. 636(m)(4)(E) (A) in clause (i), by striking Each Except as provided in clause (iii), each (B) by adding at the end the following: (iii) Exception for certain intermediaries The Administrator shall waive the requirements of clause (i) for an intermediary for which not less than 25 percent of the loans made by the intermediary are made to Puerto Rico businesses. . (2) Study Not later than 18 months after the date of enactment of this Act, the Administrator shall submit to Congress a report on the impact of waiving the requirements of section 7(m)(4)(E)(i) of the Small Business Act for all intermediaries receiving grant funds under section 7(m)(1)(B)(ii) of the Small Business Act, which shall include an analysis of the effectiveness and feasibility of expanding the waiver to small business concerns nationwide. (c) Prospective repeal Effective on the Oversight Board termination date— (1) section 7(m)(3)(C) of the Small Business Act ( 15 U.S.C. 636(m)(3)(C) (A) by striking limits as provided in clause (ii) limits (B) by striking clause (ii); and (2) section 7(m)(4)(E) of the Small Business Act ( 15 U.S.C. 636(m)(4)(E) (A) in clause (i), by striking Except as provided in clause (iii), each Each (B) by striking clause (iii). (d) GAO study Not later than 180 days after the date of enactment of this Act, the Comptroller General of the United States shall complete a study and submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report on the following: (1) The operations (including services provided, structure, size, and area of operation) of a representative sample of— (A) intermediaries that are eligible for participation in the microloan program under section 7(m) of the Small Business Act ( 15 U.S.C. 636(m) (B) intermediaries (including those operated for profit, operated as nonprofit organizations, and affiliated with a United States institution of higher learning (as defined in section 3452 of title 38, United States Code)) that are so eligible and that do not participate in the microloan program. (2) The reasons why intermediaries described in paragraph (1)(B) choose not to participate in the microloan program. (3) Recommendations on how to encourage increased participation in the microloan program by intermediaries described in paragraph (1)(B). (4) Recommendations for increasing the number of intermediaries located in the territories of the United States or in economically distressed areas (as defined in section 7(m)(11)(D) of the Small Business Act ( 15 U.S.C. 636(m)(11)(D) (5) Recommendations on how to decrease the costs associated with participation in the microloan program for eligible intermediaries. 1112. Fee reductions (a) Administrative provisions for the Small Business Administration (1) Definition In this subsection, the term covered business loan (A) of not more than $2,000,000; (B) that is guaranteed by the Administrator under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) (C) for which the application is approved on or after the date of enactment of this Act; and (D) that is made to a Puerto Rico business. (2) Fees During the period beginning on the date of enactment of this Act and ending on the Oversight Board termination date, and to the extent that the cost of such elimination or reduction of fees is offset by appropriations, with respect to each covered business loan, the Administrator shall— (A) in lieu of the fee otherwise applicable under section 7(a)(23)(A) of the Small Business Act, collect no fee or reduce fees to the maximum extent possible; and (B) in lieu of the fee otherwise applicable under section 7(a)(18)(A) of the Small Business Act, collect no fee or reduce fees to the maximum extent possible. (b) Temporary fee elimination for the 504 loan program (1) In general During the period beginning on the date of enactment of this Act and ending on the Oversight Board termination date, and to the extent the cost of such elimination in fees is offset by appropriations, with respect to each loan of not more than $2,000,000 guaranteed by the Administrator under title V of the Small Business Investment Act of 1958 ( 15 U.S.C. 695 (A) the Administrator shall, in lieu of the fee otherwise applicable under section 503(d)(2) of the Small Business Investment Act of 1958 ( 15 U.S.C. 697(d)(2) (B) a development company shall, in lieu of the processing fee under section 120.971(a)(1) of title 13, Code of Federal Regulations (relating to fees paid by borrowers), or any successor thereto, collect no fee. (2) Reimbursement for waived fees (A) In general To the extent that the cost of such payments is offset by appropriations, the Administrator shall reimburse each development company that does not collect a processing fee under paragraph (1)(B). (B) Amount The reimbursement to a development company under subparagraph (A) shall be in an amount equal to 1.5 percent of the net debenture proceeds for which the development company does not collect a processing fee under paragraph (1)(B). (c) Application of fee eliminations To the extent that amounts are made available to the Administrator for the purpose of fee eliminations or reductions under subsection (a), the Administrator shall— (1) first use any amounts provided to eliminate or reduce fees paid by borrowers under clauses (i), (ii), and (iii) of section 7(a)(18)(A) of the Small Business Act ( 15 U.S.C. 636(a)(18)(A) (2) to the extent amounts provided remain after use in accordance with paragraph (1), use any amounts provided to eliminate or reduce fees under section 7(a)(23)(A) of the Small Business Act ( 15 U.S.C. 636(a)(23)(A) (3) to the extent amounts provided remain after use in accordance with paragraphs (1) and (2), use any remaining amounts provided to reduce fees under section 7(a)(23)(A) of the Small Business Act paid by lenders other than those described under paragraph (2). 1113. Economic stimulus lending program for small businesses (a) Authority Notwithstanding section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) (b) Qualifying small business loan defined For purposes of this section, the term qualifying small business loan 15 U.S.C. 636(a) 15 U.S.C. 636(a)(31) (c) Qualified borrowers (1) Aliens unlawfully present in the United States The Administrator may not guarantee a loan made under this section to a small business concern if an individual who is an alien unlawfully present in the United States— (A) has an ownership interest in that concern; or (B) has an ownership interest in another concern that itself has an ownership interest in that concern. (2) Firms in violation of immigration laws The Administrator may not guarantee a loan made under this section to any entity, based on a determination by the Secretary of Homeland Security or the Attorney General, found to have engaged in a pattern or practice of hiring, recruiting, or referring for a fee for employment in the United States an alien, if such entity knows that the person is an unauthorized alien. (d) Criminal background checks Prior to guaranteeing a loan made under this section, the Administrator may verify the applicant’s criminal background, or lack thereof, through the best available means, including, if possible, use of the National Crime Information Center computer system at the Federal Bureau of Investigation. (e) Application of other law Nothing in this section shall be construed to exempt any activity of the Administrator under this section from the Federal Credit Reform Act of 1990. (f) Small Business Act provisions The provisions of the Small Business Act applicable to loan guarantees under section 7 of that Act and regulations promulgated thereunder as of the date of enactment of this Act shall apply to loan guarantees under this section except as otherwise provided in this section. (g) Sunset The Administrator may not guarantee a loan made under this section after the Oversight Board termination date. 1114. Contribution percentages for 504 projects Notwithstanding section 502(3) of the Small Business Investment Act of 1958 ( 15 U.S.C. 696(3) (1) 50 percent is derived from a loan from a private sector lender; (2) 45 percent is derived from a loan made from the proceeds of such debenture issued by the development company; and (3) 5 percent is provided by the borrower of such loans. 1115. Independent subsidy calculation In making calculations under section 7(a)(26) of the Small Business Act ( 15 U.S.C. 636(a)(26) 15 U.S.C. 697(g) II Procurement 1121. Contracting preference for Puerto Rico businesses Section 15 of the Small Business Act ( 15 U.S.C. 644 (u) Contracting preference for Puerto Rico businesses (1) Contracting preference An agency shall provide a contracting preference for a Puerto Rico business during the period beginning on the date of enactment of this subsection and ending on the date on which the Oversight Board established under section 101 of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2121 (2) Credit for meeting contracting goals If an agency awards a contract to a Puerto Rico business as described in paragraph (1), the value of the contract shall be doubled for purposes of determining compliance with the goals for procurement contracts under subsection (g)(1)(A). . 1122. Priority for surplus property transfers Section 7(j)(13)(F) of the Small Business Act ( 15 U.S.C. 636(j)(13)(F) (iii) (I) In this clause, the term covered period 48 U.S.C. 2121 (II) The Administrator may transfer technology or surplus property under clause (i) on a priority basis to a Puerto Rico business if the Puerto Rico business meets the requirements for such a transfer, without regard to whether the Puerto Rico business is a Program Participant. . 1123. Subcontracting incentives for protege firms that are Puerto Rico businesses Section 45(a) of the Small Business Act ( 15 U.S.C. 657r(a) (3) Puerto Rico small business concerns (A) In general During the period beginning on the date of enactment of this paragraph and ending on the date on which the Oversight Board established under section 101 of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2121 (B) Definitions In this paragraph— (i) the term covered mentor (ii) the term covered protege (I) of a covered mentor; and (II) that has its principal office located in the Commonwealth of Puerto Rico. . 1124. Additional mentor-protege relationships for protege firms that are Puerto Rico businesses Section 45(b)(3)(A) of the Small Business Act ( 15 U.S.C. 657r(b)(3)(A) , except that such restrictions shall not apply to a relationship that was entered into before the date on which the Oversight Board established under section 101 of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2121 each participant III Entrepreneurial Development 1131. Veteran Business Outreach Center in Puerto Rico (a) In general Section 32 of the Small Business Act ( 15 U.S.C. 657b (1) by redesignating subsection (f) as subsection (g); and (2) by inserting after subsection (e) the following: (f) Veteran Business Outreach Center in Puerto Rico The Administrator shall partner with an organization to establish a Veteran Business Outreach Center in the Commonwealth of Puerto Rico to provide entrepreneurial development services to small business concerns owned and controlled by service-disabled veterans and small business concerns owned and controlled by veterans located in the Commonwealth of Puerto Rico. If the Administrator cannot partner with an organization, the Administrator shall use amounts appropriated to carry out this subsection to provide such services to veterans who own or are considering starting a Puerto Rico business. . (b) Prospective repeal Effective on the Oversight Board termination date, section 32 of the Small Business Act ( 15 U.S.C. 657b (1) by striking subsection (f); and (2) by redesignating subsection (g) as subsection (f). 1132. FAST grant program for Puerto Rico (a) In general Section 34 of the Small Business Act ( 15 U.S.C. 657d (j) FAST grant program for Puerto Rico (1) Establishment The Administrator shall establish a program that shall be part of the FAST program to make awards to, or enter into cooperative agreements with, a Puerto Rico business. (2) Technical assistance If no applicant is selected to receive assistance under this subsection, the Administrator shall use amounts appropriated to carry out this subsection to provide business advice and counseling to a Puerto Rico business. (3) Waiver of matching requirements The Administrator may, upon application, waive the matching requirements under subsection (e)(2) for an applicant that receives an award or has in effect a cooperative agreement under this subsection. (4) Funding There is authorized to be appropriated $100,000 for fiscal year 2018, and each fiscal year thereafter, to carry out this subsection. . (b) Prospective repeal Effective on the Oversight Board termination date, section 34 of the Small Business Act ( 15 U.S.C. 657d IV Small Business Administration Oversight 1141. Requirement for the District Director of Puerto Rico (a) In general During the period beginning on the date of enactment of this Act and ending on the Oversight Board termination date, the director of the district office of the Small Business Administration located in Puerto Rico shall submit directly to Congress and the Administrator an annual report on the activities of the Small Business Administration in Puerto Rico. (b) Coordination In preparing each report described in subsection (a), the director described in such subsection shall consult with other Federal agencies to collect data on grants, programs, and outreach activities carried out by such agencies that affect any Puerto Rico business. V Disaster Loan Program Expansion 1151. Amendment to definition of disaster for 7( b (a) In general Section 3(k)(2) of the Small Business Act ( 15 U.S.C. 632(k)(2) (1) in subparagraph (B), by striking and (2) in subparagraph (C), striking the period and inserting ; and (3) by adding at the end the following: (D) communicable diseases for which the Federal Government issues a travel alert or travel warning. . (b) Applicability The amendment made by subsection (a) shall apply to a communicable disease— (1) for which the Federal Government issues a travel alert or travel warning before, on, or after the date of enactment of this Act; and (2) the effects of which are experienced on or after the date of enactment of this Act. VI Amendment to the Investment Company Act of 1940 1161. Termination of exemption for companies in territories of the United States (a) In general Section 6(a) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–6(a) (1) by striking paragraph (1); and (2) by redesignating paragraphs (2) through (5) as paragraphs (1) through (4), respectively. (b) Effective date and safe harbor (1) Effective date Except as provided in paragraph (2), the amendment made by subsection (a) shall take effect on the date of enactment of this Act. (2) Safe harbor With respect to a company that is exempt under section 6(a)(1) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–6(a)(1) (3) Extension of safe harbor The Securities and Exchange Commission, by rule and regulation upon its own motion, or by order upon application, may conditionally or unconditionally, under section 6(c) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–6(c) B Unemployment pilot programs 1201. Reemployment through demonstration projects (a) Modification of numerical limitation Subsection (a) of section 305 of the Social Security Act ( 42 U.S.C. 505 per year 10 States (b) Clarification of application requirements Subsection (b) of such section 305 is amended— (1) by inserting or his or her designee The Governor of any State (2) by striking paragraph (2) and inserting the following: (2) for any waiver requested under subsection (c), a statement describing— (A) the specific provision or provisions of law for which such waiver is requested; and (B) the specific aspects of the project to which such waiver would apply and the reasons why it is needed; . (c) Extension of eligible time period Subsection (d) of such section 305 is amended— (1) in paragraph (2), by striking may not be approved may not be conducted (2) in paragraph (3), by inserting , or in the case of Puerto Rico, December 31, 2020 December 31, 2015 (d) Clarification of demonstration activities Subsection (e) of such section 305 is amended— (1) in paragraph (1), by striking for employer-provided training, such as to employers or claimants for employer-provided training or (2) in paragraph (2), by striking receiving unemployment compensation prior benefit level receiving unemployment compensation, including disbursements used to retain individual employees, not to exceed the weekly benefit amount for each such individual (e) Termination of demonstration projects Subsection (g) of such section 305 is amended to read as follows: (g) The Secretary of Labor may terminate a demonstration project under this section if the Secretary— (1) determines that the State has violated the substantive terms or conditions of the project; (2) notifies the State in writing with sufficient detail describing the violation; and (3) determines that the State has not taken action to correct the violation within 90 days after the notification. . (f) Effective date; transition rule (1) Effective date The amendments made by this section shall take effect on the date of the enactment of this Act. (2) Transition rule (A) In general Nothing in this Act shall be considered to terminate or otherwise affect any demonstration project approved under section 305 of the Social Security Act before the date of the enactment of this Act. (B) Original conditions continue to apply A demonstration project described in subparagraph (A) shall be conducted in the same manner as if subsections (a) through (f) had not been enacted. 1202. Evaluation of demonstration projects (a) In general Section 305 of the Social Security Act ( 42 U.S.C. 505 (i) The Secretary of Labor shall conduct an impact evaluation of each demonstration project conducted under this section, using existing data sources to the extent possible and methodology appropriate to determine the effects of the demonstration project, including on individual skill levels, earnings, and employment retention. . (b) Cooperation by State Section 305(b) of the Social Security Act ( 42 U.S.C. 505(b) (5) a description of the manner in which the State will determine the extent to which the goals and outcomes described in paragraph (3) were achieved; (6) assurances that the State will cooperate, in a timely manner, with the Secretary of Labor with respect to the impact evaluation conducted under subsection (i); and . (c) Reporting Not later than 90 days after the end of fiscal year 2019 and each fiscal year thereafter, until the completion of the last evaluation under section 305(i) of the Social Security Act, the Secretary shall submit to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate, a report that includes a description of— (1) the status of each demonstration project being carried out under this section; (2) the results of the evaluation completed during the previous fiscal year; and (3) the Secretary’s plan for— (A) disseminating the findings of the report to appropriate State agencies; and (B) incorporating the components of successful demonstration projects that reduced benefit duration and increased employment into Federal unemployment law. (d) Public dissemination In addition to the reporting requirements under subparagraph (c), evaluation results shall be shared broadly to inform policymakers, service providers, other partners, and the public in order to promote wide use of successful strategies, including by posting evaluation results on the Internet website of the Department of Labor. C Federal Statistics 1301. Authority to transfer Department of Labor appropriations, to include Puerto Rico in reports of the Bureau of Labor Statistics (a) In general For fiscal year 2018, in addition to any other authority to transfer an amount appropriated to an account of the Department of Labor, the Secretary of Labor may transfer not more than $1,800,000 to any account of the Bureau of Labor Statistics from an amount appropriated to any other account of the Department of Labor. (b) Use of funds Any amount transferred under subsection (a) shall be used solely to study— (1) the feasibility of expanding the Current Population Survey to produce estimates for Puerto Rico, which would provide data on the labor force, employment, and unemployment from a monthly household survey; and (2) the feasibility of expanding the Consumer Price Index program to include data from Puerto Rico. 1302. Annual report by principal Federal statistical agencies on Puerto Rico Each principal Federal statistical agency, as defined in the most recent report by the Office of Management and Budget entitled Statistical Programs of the United States Government II Health A Improved Prescription Drug Funding 2101. Increasing levels of pharmacy assistance Section 1935(e)(3)(B) of the Social Security Act ( 42 U.S.C. 1396u–5(e)(3)(B) (1) in clause (ii), by striking or (2) in clause (iii)— (A) by striking a subsequent year each of fiscal years 2008 through 2016 (B) by striking the period at the end and inserting a semicolon; and (3) by adding at the end the following clauses: (iv) fiscal year 2018, is equal to $100,000,000; or (v) each fiscal year after 2018, is equal to the aggregate amount specified in this subparagraph for the previous year increased by the annual percentage increase specified in section 1860D–2(b)(6) for the year involved. . 2102. Treatment of prescription drug assistance to all part D eligibles as medical assistance; no territory match required (a) In general Section 1935(e) of the Social Security Act ( 42 U.S.C. 1396u–5(e) (1) by redesignating paragraph (4) as paragraph (6); and (2) by inserting after paragraph (3) the following new paragraphs: (4) Treatment of prescription drug assistance furnished to part D eligibles Notwithstanding any other provision of this title, financial assistance for prescription drug expenses furnished under a plan established under this subsection to a part D eligible individual who would qualify as a subsidy eligible individual under section 1860D–14(a)(3) if the individual resided in one of the 50 States or the District of Columbia shall be treated as medical assistance provided by the State plan for purposes of section 1903, without regard to whether such individual otherwise qualifies for medical assistance under this title. (5) No territory match required Notwithstanding section 1905(b), with respect to medical assistance furnished to an individual by a State under a plan established under this subsection, the Federal medical assistance percentage shall be equal to 100 percent. . (b) Conforming amendment Section 1905(b) of the Social Security Act ( 42 U.S.C. 1396d(b) and section 1933(d) , section 1933(d), and section 1935(e)(5) (c) Effective date The amendments made by this section shall take effect on January 1, 2018. B Additional provisions 2201. Calculation of Medicare DSH payments for IPPS hospitals in Puerto Rico Section 1886(d)(9)(D)(iii) of the Social Security Act ( 42 U.S.C. 1395ww(d)(9)(D)(iii) (iii) Subparagraph (F) (relating to disproportionate share payments), including application of subsection (r), except that for this purpose— (I) the sum described in clause (ii) of this subparagraph shall be substituted for the sum referred to in paragraph (5)(F)(ii)(I); and (II) for discharges occurring on or after October 1, 2018, subclause (I) of paragraph (5)(F)(vi) shall be applied by substituting for the numerator described in such subclause a factor determined appropriate by the Secretary. . 2202. Administrative flexibility with respect to the territories (a) In general Section 1108 of the Social Security Act ( 42 U.S.C. 1308 (h) Administrative flexibility with respect to the territories Notwithstanding any other provision of this Act, with respect to the applicability to Puerto Rico, the United States Virgin Islands, Guam, the Northern Mariana Islands, and American Samoa of payment formulas under titles XVIII and XIX, the Secretary shall do the following: (1) Determine the availability of data for payment calculation factors required or authorized by respective payment formulas under such titles. (2) Determine the sufficiency, relevance and reliability of available data for payment calculation factors to adequately account for variations in standard benefits under programs established under this Act, variations in program penetration, and variations in the cost of delivering care that are unique to such territories. (3) Determine whether the inclusion of payment calculation factors or certain data sources thereunder, whether prescribed by the respective titles or ordinarily used by the Secretary, disproportionately impact the resulting payment calculation with respect to each such territory, either generally or relative to the States. (4) Insofar as the Secretary determines in accordance with paragraph (1), (2), or (3) that data are not available, that available data is insufficient to reliably and adequately account for variations in standard benefits under programs established under this Act, variations in program penetration, and variations in the cost of delivering care that are unique to such territories, or to the extent that disproportionate impact to such territories would otherwise occur— (A) establish and apply a proxy for payment calculation factors or substitute data sources where data sources are determined unavailable, or as determined necessary to adequately reflect variations in standard benefits under programs established under this Act and in the cost of delivering care that are unique to such territories; or (B) to the extent the inclusion of payment calculation factors or certain data sources thereunder disproportionately impacts the resulting payment calculation with respect to each such territory, either generally or relative to the States, disregard the factor or data source or devise and apply an appropriate adjustment factor. (5) For purposes of extending the full benefits of payments to such territories intended under the respective titles, ensure that the application of payment calculation factors with respect to such territories occurs in a manner that takes into account the geographic and demographic differences, abnormalities in the cost of delivering care in such territories, and the potential disproportionate impact to each such territory, either generally or relative to the States. . (b) Implementation The Secretary of Health and Human Services shall determine and apply the payment calculation adjustments authorized under section 1108(h) of the Social Security Act ( 42 U.S.C. 1308(h) 42 U.S.C. 1395 2203. Sense of Congress regarding Federal health programs in territories of the United States It is the sense of Congress that— (1) the territories of the United States should receive more equitable and sustainable treatment under Federal health policies and programs, including the Medicare and Medicaid programs, in a fiscally responsible manner; and (2) the treatment of the territories of the United States under Federal health programs, with appropriate Federal oversight, should aim to— (A) improve patient outcomes and strengthen health care systems in the territories; (B) mitigate against migration from the territories to the States and the costs to the State and Federal governments which are associated with such migration; and (C) stabilize and strengthen the fiscal condition of the governments of the territories. III Security 3101. Caribbean border counternarcotics strategy (a) Caribbean border counternarcotics strategy Not later than 6 months after the date of enactment of this Act, and every 2 years thereafter, the Office of National Drug Control Policy shall develop a Caribbean Border Counternarcotics Strategy, that is made available to the public, with emphasis on the borders of Puerto Rico and the Virgin Islands of the United States, on terms substantially equivalent to the existing Southwest Border Counternarcotics Strategy and the Northern Border Counternarcotics Strategy. (b) Amendments The Office of National Drug Control Policy Reauthorization Act of 1998 ( 21 U.S.C. 1701 (1) in section 702 ( 21 U.S.C. 1701 (A) by redesignating paragraphs (10) through (13) as paragraphs (11) through (14), respectively; (B) by inserting after paragraph (9) the following new paragraph: (10) State The term State ; and (C) by adding at the end the following new paragraph: (15) United States The term United States ; and (2) in section 704(b)(13)(B) ( 21 U.S.C. 1703(b)(13)(B) the borders of Puerto Rico and the Virgin Islands of the United States and in particular

Summary: Puerto Rico Task Force Economic Empowerment Act of 2017 Puerto Rico Opportunity, Small Business Prosperity, and Economic Revitalization Act of 2017 This bill amends the Small Business Act to modify requirements for the microloan program for Puerto Rico small businesses and increase access to capital for such program. The Small Business Administration shall establish: (1) a Veteran Business Outreach Center in Puerto Rico, and (2) a temporary Federal and State Technology (FAST) grant program to provide assistance to Puerto Rico businesses. The bill amends the Investment Company Act of 1940 to apply the oversight requirements of that Act to investment companies in U.S. territories. The bill includes Puerto Rico in the Department of Labor reemployment demonstration projects grant program. For FY2018, Labor may transfer funding to the Bureau of Labor Statistics for feasibility studies of the Puerto Rico economy. The bill amends Social Security Act provisions affecting hospitals in Puerto Rico and health care and prescription drug coverage in U.S. territories. The Office of National Drug Control Policy shall develop a publicly available Caribbean Border Counternarcotics Strategy, with emphasis on the borders of Puerto Rico and the U.S. Virgin Islands.