Transparency and Accountability of Failed Exchanges Act
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Transparency and Accountability of Failed Exchanges Act
This bill amends the Patient Protection and Affordable Care Act (PPACA) to require the Department of Health and Human Services, for certain states awarded a grant to establish a health insurance exchange, to report on how awarded amounts were used and rescind unobligated amounts. This applies to any state that terminates operation of its exchange or transfers operation to another entity. Such a state must provide to the General Services Administration any property acquired through the grant and refer matters involving fraud, waste, and abuse of funds issued pursuant to PPACA to the Department of Justice. Funds rescinded must be retained for federal budget deficit reduction.
Referred to the House Committee on Energy and Commerce.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 640: Transparency and Accountability of Failed Exchanges Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-640/
"H.R. 640: Transparency and Accountability of Failed Exchanges Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-640/.
H.R. 640, 115th Cong. (2026), https://openamerica.io/bill/115-HR-640/.
[H.R. 640: Transparency and Accountability of Failed Exchanges Act](https://openamerica.io/bill/115-HR-640/)