,i #aafth ,,congress #b;d ,session ,h4 ,r4 #fdbf ,,in ,,the ,,house ,,of ,,representatives ,march #ca1 #bjbj,mr4 ,rose of ,new ,york introduced the following bill2 which was referred to the ,committee on ,energy and ,commerce ,a ,,bill ,to direct the ,secretary of ,health and ,human ,services to establish a program under which loans shall be made to certain health care organizations to assist such organizations with anticipated revenue loss or higher operating costs as a result of the ,,covid-#ai emergency1 and for other purposes4 #a4 ,health provider loan program 7a7 ,in general ,not later than #cj days after the date of enactment of this title1 the ,secretary shall establish a program under which loans shall be made to eligible health care organizations to assist such organizations with anticipated revenue loss or higher operating costs as a result of the ,,covid-#ai emergency4 7b7 ,program requirements ,the ,secretary shall establish standards and guidelines for application1 loan amount1 repayment1 and extension1 and shall consider the eligible health care organization's financial condition1 service in an area heavily impacted by the ,,covid-#ai emergency1 or other factors deemed appropriate4 7c7 ,eligible health care organizations ,to be eligible for a loan under subsection 7a71 an entity shall-- 7#a7 be a health care provider or supplier that receives assistance or otherwise participates in the ,medicare or ,medicaid program under title ,,xviii or ,,xix of the ,social ,security ,act 7#db ,u4,s4,c4 #acie and #acif et seq471 including a hospital1 critical access hospital1 skilled nursing facility1 physician practice1 home health provider1 community health center1 ambulatory surgical care center1 or hospice2 and 7#b7 submit to the ,secretary an application at such time1 in such manner1 and containing such information as the ,secretary may require4 7d7 ,terms and conditions 7#a7 ,interest ,a loan under this section shall have a rate of interest of not to exceed #b percent4 ,interest shall begin to accrue on the date that is #fj days after the date of origination4 7#b7 ,term ,the term of a loan under this section shall be #a year minus one day4 ,a borrower shall have the option to extend such term for a total of not to exceed #ai years4 ,further extensions may be granted if approval by the ,secretary4 7#c7 ,security ,an eligible health care organization shall not be required to provide security for a loan under this section4 7#d7 ,payments ,loan payments shall be made on a biannual basis4 7e7 ,definitions ,in this section3 7#a7 ,,covid-#ai emergency ,the term ,,covid-#ai emergency means the national emergency declared by the ,president under the ,national ,emergencies ,act 7#ej ,u4,s4,c4 #afja et seq47 with respect to the ,coronavirus ,disease #bjai 7,,covid-#ai74 7#b7 ,secretary ,the term ,secretary means the ,secretary of ,health and ,human ,services4 7f7 ,use of certain funds ,loan recipients may use funds such recipients were awarded under the ,public ,health and ,social ,services ,emergency ,fund or the ,health ,provider ,assistance ,fund established under section #efb to repay loans awarded under this section1 provided the funds from the ,public ,health and ,social ,services ,emergency ,fund or the ,health ,provider ,assistance ,fund were awarded based on foregone revenue4 7g7 ,clarification ,no individual1 employer1 or other entity may be restricted from participating in or benefitting from any exemption or benefit under this section1 based on any factor that is unrelated to its qualifications to perform the required services4 7h7 ,appropriations ,there is authorized to be appropriated1 and there is appropriated1 to carry out this section1 #hj1jjj1jjj1jjj for fiscal year #bjbj1 to remain available until expended4