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H.R. 735

Essential Health Facilities Investment Act of 1997

TABLE OF CONTENTS:

Title I: Essential Access Community Hospital Program

Title II: Capital Financing Assistance for Safety Net

Providers

Subtitle A: Amendments of Internal Revenue Code of 1986

Subtitle B: Capital Financing Assistance for Safety Net

Providers

Title III: Capital Allocation Plans

Essential Health Facilities Investment Act of 1997 - Title I: Essential Access Community Hospital Program - Amends part A (Hospital Insurance) of title XVIII (Medicare) of the Social Security Act (SSA) to: (1) revise the Essential Access Community Hospital Program (EACH), extending EACH to all States and authorizing increased appropriations for EACH grants; and (2) establish a program of assistance (PA) for activities related to the formation of State and local community health networks.

(Sec. 103) Requires the Secretary of Health and Human Services to report on EACH and PA effectiveness in increasing medically underserved population health care.

Title II: Capital Financing Assistance for Safety Net Providers - Subtitle A: Amendments of Internal Revenue Code of 1986 - Amends the Internal Revenue Code (IRC) to impose a tax on the hospital gross receipts of any person for the taxable year.

Subtitle B: Capital Financing Assistance for Safety Net Providers - Amends SSA to establish a program to provide capital financing assistance in the form of loan guarantees, interest rate subsidies, matching loans, and direct grants to eligible hospitals and facilities.

Creates in the Treasury the related Capital Financing Trust Fund.

(Sec. 212) Provides for adjustment of Medicare hospital payments to take into account any capital financing assistance received by the hospital.

(Sec. 213) Amends the IRC to grant tax-exempt status to State and local bonds guaranteed by the Fund.

Title III: Capital Allocation Plans - Amends SSA title XVIII to mandate that each State establish a plan for Federal approval of capital expenditures for certain non-rural health care services in the State in order to receive Medicare reimbursement for capital-related expenses.

Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.

Rep. Stark, Fortney Pete [D-CA-13](D-CA)Sponsor
6 cosponsors6 D
6cosponsors2committees8actions53subjects
  1. CommitteeH11000

    Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.

    Health and Environment Subcommittee
  2. CommitteeH11000

    Referred to the Subcommittee on Health.

    Health Subcommittee
  3. IntroReferralH11100

    Referred to House Commerce

    Energy and Commerce Committee
  4. IntroReferralH11100-A

    Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, 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.

  5. IntroReferralH11100

    Referred to House Ways and Means

    Ways and Means Committee
  6. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR E241-243)

  7. IntroReferralIntro-H

    Introduced in House

  8. IntroReferral1000

    Introduced in House