,,ii #aacth ,,congress #b;d ,session ,s4 #bcci ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #ad1 #bjad ,mr4 ,barrasso 7for himself1 ,mr4 ,hatch1 ,mr4 ,enzi1 ,mr4 ,mc,cain1 ,mr4 ,coburn1 and ,mr4 ,chambliss7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,patient ,protection and ,affordable ,care ,act to require ,states with failed ,american ,health ,benefit ,exchanges to reimburse the ,federal ,government for amounts provided under grants for the establishment and operation of such ,exchanges4 #a4 ,short title ,this ,act may be cited as the ,state ,exchange ,accountability ,act4 #b4 ,reimbursing the ,federal ,government for failed ,state ,exchange grants ,section #acaa7;a7 of the ,patient ,protection and ,affordable ,care ,act 7#db ,u4,s4,c4 #ahjca7;a77 is amended by adding at the end the following3 7#f7 ,reimbursement in the case of failed ,exchanges 7,a7 ,in general ,in the case of a ,state that has received one or more establishment or early innovator grants under this subsection and which operated a ,state-based ,exchange in program year #bjad1 if such ,state subsequently elects to provide solely for the enrollment of its residents in qualified health plans through the ,federally ,facilitated ,exchange1 such ,state shall reimburse the ,federal ,government for the aggregate amounts provided to the ,state under such grant or grants4 7,b7 ,reimbursement agreements ,reimbursement shall be provided to the ,federal ,government by a ,state under this paragraph pursuant to the terms of an agreement entered into by the ,state and the ,department of ,health and ,human ,services that1 at a minimum1 shall require that-- 7i7 such reimbursement be made1 in full1 within the #aj-year period beginning on the date on which the ,state makes the election described in paragraph 7#a72 and 7ii7 that the ,state make an annual payment in an amount equal to #aj percent of the total amount provided to the ,state under the grant or grants awarded to the ,state under this subsection4 7,c7 ,no reduction in amount ,the ,federal ,government shall not reduce the amount of the reimbursement required to be provided by a ,state under this paragraph4 7,d7 ,failure to enter into agreement ,in the case of a ,state described in subparagraph 7,a7 that fails to enter into an agreement under subparagraph 7,b71 the ,secretary shall reduce the amount to be paid to the ,state under title ,,xix of the ,social ,security ,act for each of the #aj fiscal years beginning with the first fiscal year that begins after the date of the election described in subparagraph 7,a7 by the ,state4 ,the amount of each such reduction shall be uniform and shall in the aggregate equal the total amount of the reimbursement required under this paragraph4 7,e7 ,deficit reduction ,amounts paid by a ,state under this section shall be placed in the ,general ,fund of the ,treasury to be used for deficit reduction4 4