Increased Competition for Consumers Act

Bill: 113-s-1333
Sponsor: full_name: Sen. Begich, Mark [D-AK]
Introduced: 2013-07-18
Policy area: Health
Subjects: Appropriations

Government lending and loan guarantees

Health care costs and insurance

Health care coverage and access

Health programs administration and funding
Latest action: action_date: 2013-07-18
text: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Summaries:
action_date: 2013-07-18
action_desc: Introduced in Senate
text: <p>Increased Competition for Consumers Act - Transfers to the Consumer Operated and Oriented Plan (CO-OP) program the unobligated balance of funds transferred under the American Taxpayer Relief Act of 2012 to a fund to provide assistance and oversight to qualified nonprofit health insurance issuers awarded loans or grants pursuant to the Patient Protection and Affordable Care Act (PPACA). </p> <p>Amends PPACA to appropriate the amount equal to the amount rescinded (unobligated funds for the CO-OP program as of January 2, 2013) under the American Taxpayer Relief Act of 2012 to carry out such program. <p>Removes the time restriction on the award of CO-OP program loans and grants.

tv_txt: II 113th CONGRESS 1st Session S. 1333 IN THE SENATE OF THE UNITED STATES July 18, 2013 Mr. Begich (for himself, Ms. Landrieu , Ms. Hirono , Mr. Casey , and Mr. Nelson ) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To reinstate funding for the Consumer Operated and Oriented Plan program.

1. Short title This Act may be cited as the Increased Competition for Consumers Act . 2. Reinstatement of funding for the Consumer Operated and Oriented Plan program (a) Transfer of funds The unobligated balance of the funds transferred under subsection (b)(1) of section 644 of the American Taxpayer Relief Act of 2012 ( 42 U.S.C. 18042 note) to the fund established under subsection (a) of such section shall be transferred to the Consumer Operated and Oriented Plan program established under section 1322 of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18042 ) to remain available until expended. (b) Appropriations Section 1322 of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18042 ) is amended by striking subsection (g) and inserting the following: (g) Appropriations There are hereby appropriated the amount equal to the amount rescinded under section 644(b)(2) of the American Taxpayer Relief Act of 2012. . (c) Time for awarding loans and grants (1) In general Section 1322(b)(2) of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18042(b)(2) ) is amended by striking subparagraph (D). (2) Effective date The amendment made by paragraph (1) shall take effect as if enacted as part of the Patient Protection and Affordable Care Act (Public Law 111–148).