Library / Laws / 113th / hr / H.R. 5175 / Introduced in House
I
113th CONGRESS
2d Session
H. R. 5175
IN THE HOUSE OF REPRESENTATIVES
July 23, 2014
Mr. Lance (for himself and Mr. Cassidy) introduced the following bill; which was referred to the Committee on Energy and Commerce
A BILL
To amend the Patient Protection and Affordable Care Act to repeal the risk corridor program, and
for other purposes.
1.
Short title
This Act may be cited as the Protecting Americans from Illegal Bailouts Act of 2014.
2.
Repeal of the risk corridor program established in PPACA
(a)
In general
Section 1342 of the Patient Protection and Affordable Care Act (42 U.S.C. 18062) is repealed.
(b)
Effective date
The amendment made by subsection (a) shall take effect as of the date of the enactment of this Act.