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Essential Health Facilities Investment Act of 1997

Introduced: February 12, 1997 See on congress.gov
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 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 7, 1997
Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.
Mar 3, 1997
Referred to the Subcommittee on Health.
Feb 12, 1997
Referred to House Commerce
Feb 12, 1997
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.
Feb 12, 1997
Referred to House Ways and Means
Feb 12, 1997
Sponsor introductory remarks on measure. (CR E241-243)
Feb 12, 1997
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now March 7, 1997

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

 Committees of jurisdiction 4
 Cosponsors 1
All 1 Democratic 1