Protecting Against Indebting our Descendants through Fully Offset Relief (PAID FOR) Temporary Extension Act of 2010

Bill: 111-hr-5453
Sponsor: Rep. Heller, Dean [R-NV-2]
Introduced: 2010-05-28 in the House
Policy area: Economics and Public Finance
Subjects: Appropriations
Budget process
Congressional oversight
Disaster relief and insurance
Floods and storm protection
Government lending and loan guarantees
Health care costs and insurance
Health care coverage and access
Health personnel
Medicare
Poverty and welfare assistance
Small business
State and local finance
Unemployment

Summary:
action_date: 2010-05-28
text: 
 Protecting Against Indebting our Descendants through Fully Offset Relief (PAID FOR) Temporary Extension Act of 2010 - Amends the Supplemental Appropriations Act, 2008 with respect to the state-established individual emergency unemployment compensation account (EUCA). Extends the final date for entering a federal-state agreement under the Emergency Unemployment Compensation (EUC) program through July 7, 2010. Postpones the termination of the program until December 11, 2010.
 
Amends the Assistance for Unemployed Workers and Struggling Families Act to extend until July 7, 2010: (1) federal-state agreements increasing regular unemployment compensation payments to individuals; and (2) requirements that federal payments to states cover 100% of EUC.
 
Amends the Unemployment Compensation Extension Act of 2008 to exempt weeks of unemployment between enactment of this Act and December 11, 2010, from the prohibition in the Federal-State Extended Unemployment Compensation Act of 1970 against federal matching payments to a state for the first week in an individual's eligibility period for which extended compensation or sharable regular compensation is paid if the state law provides for payment of regular compensation to an individual for his or her first week of otherwise compensable unemployment. (Thus allows temporary federal matching for the first week of extended benefits for states with no waiting period.)
 
Amends the American Recovery and Reinvestment Act of 2009 (ARRA) to extend through June 30, 2010, premium assistance for COBRA (health insurance continuation benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985) benefits.
 
Amends title XVIII (Medicare) of the Social Security Act to extend through June 30, 2010, the 0% update to the conversion factor in the Medicare physican payment computation.
 
Amends the Department of Defense Appropriations Act, 2010 to extend the use of 2009 poverty guidelines through June 30, 2010. Prohibits the Secretary of Health and Human Services (HHS) from publishing updated poverty guidelines for 2010 until after such date.
 
Amends the Continuing Appropriations Resolution, 2010 to extend through June 30, 2010, the national flood insurance program.
 
Amends the ARRA to extend through June 30, 2010, the small business loan guarantee program. Makes appropriations for the program as well as for the cost of certain loan guarantee fee reductions and eliminations.
 
Rescinds pro rata the unobligated balance of each amount appropriated or made available under ARRA (except under title X: Military Construction and Veterans Affairs of division A), so that the aggregate amount of such rescissions equals $13 billion to offset the net increase in spending resulting from this Act.


Legislative actions:
action_date: 2010-05-28
text: Referred to House Oversight and Government Reform
action_date: 2010-05-28
text: Referred to House Small Business
action_date: 2010-05-28
text: Referred to House Budget
action_date: 2010-05-28
text: Referred to House Financial Services
action_date: 2010-05-28
text: Referred to House Education and Labor
action_date: 2010-05-28
text: Referred to House Appropriations
action_date: 2010-05-28
text: Referred to House Energy and Commerce
action_date: 2010-05-28
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Appropriations, Education and Labor, Financial Services, the Budget, Small Business, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2010-05-28
text: Referred to House Ways and Means
action_date: 2010-05-28
text: Introduced in House
action_date: 2010-05-28
text: Introduced in House