Source: https://www.law.cornell.edu/uscode/text/42/300e-4
Timestamp: 2017-10-17 20:56:14
Document Index: 414832153

Matched Legal Cases: ['§\u2009947', '§ 1305', '§ 2', '§ 8', '§ 2', '§ 107', '§ 2', '§ 2', '§ 943', '§ 804', '§ 803', '§ 107']

No loan or loan guarantee may be made under this subsection for the costs of operation of a health maintenance organization unless the Secretary determines that the organization has made all reasonable attempts to meet such costs, and unless the Secretary has made a grant or loan to, entered into a contract with, or guaranteed a loan for, the organization in fiscal year 1981, 1982, 1983, 1984, or 1985 under this section or section 300e–3 (b) [1] of this title (as in effect before October 1, 1985).
(1) Except as provided in paragraph (2), the aggregate amount of principal of loans made or guaranteed, or both, under subsection (a) of this section for a health maintenance organization may not exceed $7,000,000. In any twelve-month period the amount disbursed to a health maintenance organization under this section (either directly by the Secretary, by an escrow agent under the terms of an escrow agreement, or by a lender under a guaranteed loan) may not exceed $3,000,000.
(2) The cumulative total of the principal of the loans outstanding at any time which have been directly made, or with respect to which guarantees have been issued, under subsection (a) of this section may not exceed such limitations as may be specified in appropriation Acts.
Loans under this section shall be made from the fund established under section 300e–7 (e) of this title.
(e) Repealed. Pub. L. 97–35, title IX, § 947(c),Aug. 13, 1981, 95 Stat. 577
(July 1, 1944, ch. 373, title XIII, § 1305, as added Pub. L. 93–222, § 2,Dec. 29, 1973, 87 Stat. 924; amended Pub. L. 93–641, § 8,Jan. 4, 1975, 88 Stat. 2276; Pub. L. 94–273, § 2(21),Apr. 21, 1976, 90 Stat. 376; Pub. L. 94–460, title I, §§ 107(c), 108 (c), (d)(2), 109 (a)(1), (2), 113 (b),Oct. 8, 1976, 90 Stat. 1949, 1953; Pub. L. 95–559, §§ 2(b), 4 (a), (b),Nov. 1, 1978, 92 Stat. 2131, 2132; Pub. L. 96–32, § 2(d),July 10, 1979, 93 Stat. 82; Pub. L. 97–35, title IX, §§ 943(a)–(c), 947(c), Aug. 13, 1981, 95 Stat. 576, 577; Pub. L. 99–660, title VIII, § 804(a),Nov. 14, 1986, 100 Stat. 3800.)
Section 300e–3 (b) of this title, referred to in subsec. (a), was repealed by Pub. L. 99–660, title VIII, § 803(a),Nov. 14, 1986, 100 Stat. 3799.
1986—Subsec. (a). Pub. L. 99–660inserted “, and unless the Secretary has made a grant or loan to, entered into a contract with, or guaranteed a loan for, the organization in fiscal year 1981, 1982, 1983, 1984, or 1985 under this section or section 300e–3 (b) of this title (as in effect before October 1, 1985)” at end of last sentence.
1976—Subsec. (a)(1), (2). Pub. L. 94–460, §§ 107(c), 109 (a)(1), substituted “during a period not to exceed the first sixty months” for “in the period of the first thirty-six months”.