H.R. 2961 · 112th Congress
To amend the Patient Protection and Affordable Care Act to have Early Innovator grant funds returned by States apply towards deficit reduction.
- Stage
- In committee
- Sponsor
- Mike Pompeo
- Introduced
- 2011-09-15
- Latest action
- 2011-09-30 · Referred to the Subcommittee on Health.
Summary
Amends the Patient Protection and Affordable Care Act to rescind any funds awarded to a state for an American Health Benefit Exchange (a state health insurance exchange) upon the state notifying the Secretary of Health and Human Services (HHS) that it will not use any remaining funds under the award. Requires such funds to be returned to the general fund of the Treasury for deficit reduction.