,,ii #aai? ,,congress #b;d ,session ,s4 #dada ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #ai1 #bjbf,mr4 ,b5net 7= himself & ,mr4 ,moran7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to am5d ! ,consolidat$ ,f>m & ,rural ,developm5t ,act to direct ! ,secret>y ( ,agriculture to make tempor>y z]o-p]c5t int]e/ loans "u ! community facilities direct loan program to con/ruct or r5ovate c]ta9 rural hospitals1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,rural ,hospital ,revitalization ,act ( #bjbf4 #b4 ,rural hospital revitalization loans ,subtitle ,a ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act is am5d$ by ins]t+ aft] section #cjf;,a 7#g ,u4,s4,c4 #aibf;a7 ! foll[+3 #cjf;,b4 ,rural hospital revitalization loans 7a7 ,9 g5]al ,"u ! community facilities direct loan program e/abli%$ "u section #cjf7;a77#a7 7ref]r$ to 9 ?is section z ! community facilities direct loan program71 ! ,secret>y %all make tempor>y z]o-p]c5t int]e/ loans to eligible rural hospitals describ$ 9 subsection 7b7 = ! con/ruction ( replacem5t hospital facilities or ! improvem5t or r5ovation ( exi/+ hospital facilities 9 accordance ) ?is section4 7b7 ,eligible hospitals 7#a7 ,9 g5]al ,an eligible rural hospital describ$ 9 ?is subsection is a rural hospital-- 7,a7 ! campus 7z def9$ 9 section #dac4fe7;a77#b7 ( title #db1 ,code ( ,f$]al ,regulations 7or successor regulations77 ( :i* is 9 a c\nty ) a population ( less ?an #bj1jjj inhabitants2 7,b7 7i7 ! campus 7z s def9$7 ( :i* is n less ?an #ce miles f ! ne>e/ hospital2 7ii7 if ! campus 7z s def9$7 ( :i* is 9 an area ) m\nta9\s t]ra9 or only second>y roads1 z det]m9$ by ! ,secret>y1 su* campus is n less ?an #ae miles f ! ne>e/ hospital2 7iii7 t is a critical access hospital 7z def9$ 9 section #ahfa7mm77#a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciex7mm77#a7772 or 7iv7 t is a rural em]g5cy hospital 7z def9$ 9 section #ahfa7kkk77#b7 ( t ,act 7#db ,u4,s4,c4 #aciex7kkk77#b7772 7,c7 t has be5 cont9u\sly lic5s$ z a hospital 9 ! community 9 :i* ! hospital is locat$ = n less ?an #cj ye>s2 7,d7 t submits to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation to det]m9e eligibility "u ?is p>agraph & priorities "u p>agraph 7#b7 & su* o!r in=mation z ! ,secret>y may require1 includ+-- 7i7 a /atem5t demon/rat+ ! ne$ = ! loan1 :i* %all describe-- 7,i7 ! age & condition ( exi/+ facilities to be replac$1 improv$1 or r5ovat$1 includ+ a c]tification t funds f a loan "u ?is section w n be us$ = facilities t h be5 significantly improv$ dur+ ! #aj-ye> p]iod prec$+ ! date ( ! application2 & 7,,ii7 ! mann] 9 :i* ! use ( ! loan funds w address issues relat+ to ! quality & viability ( ! facilities to pres]ve access to heal?c>e2 7ii7 a demon/ration t ! hospital has _h a positive impact 9 ! community s]v$ by ! hospital1 :i* %all include-- 7,i7 a positive impact on access to prim>y heal?c>e1 em]g5cy s]vices1 & s]vices requir$ "u conditions ( p>ticipation applicable "u title ,,xviii ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acie et seq472 & 7,,ii7 a mean+ful economic impact2 & 7iii7 a /atem5t ( ! anticipat$ heal? & economic impacts ( ! loan1 includ+-- 7,i7 an impact on su/a9+ ! provision ( s]vices t ! hospital curr5tly provides2 7,,ii7 an impact on (f]+ heal?c>e s]vices t ! hospital does n curr5tly (f]1 z appropriate2 7,,iii7 an impact on ! provision ( community-bas$ s]vices1 includ+ su* s]vices t influ5ce social det]m9ants ( heal?2 7,,iv7 any o!r economic impacts2 & 7,v7 impacts comp>$ to ! impacts if ! loan funds 7 n made available2 & 7,e7 t1 subject to p>agraph 7#c71 is f9ancially /able1 z measur$ by hav+-- 7i7 n less ?an #cj days ca% on h&2 & 7ii7 a project$ debt-s]vice cov]age ratio ( at lea/ #a4b4 7#b7 ,priorities ,9 mak+ loans "u ?is section1 ! ,secret>y %all give priority to an eligible rural hospital-- 7,a7 t s]ves an area 9 :i* !re are few] ?an #f inhabitants p] squ>e mile1 tak+ into consid]ation-- 7i7 ! di/ance f ! hospital to a population c5t]2 7ii7 ! travel "t f ! hospital to rea* a population c5t] or specific heal? s]vice2 & 7iii7 seasonal v>iations 9 ! ne$ = access to heal?c>e s]vices2 7,b7 t requires replacem5t1 improvem5t1 or r5ovation t is n f9ancially feasible at ! rates & t]ms (f]$ "u ! community facilities direct loan program2 7,c7 = :i* n less ?an #ej p]c5t ( its inpati5t days or dis*>ges & outpati5t visits dur+ ! mo/ rec5t co/ report+ p]iod = :i* data are available 7 attributable to-- 7i7 individuals entitl$ to1 or enroll$ =1 b5efits "u "p ,a or enroll$ = b5efits "u "p ,b ( title ,,xviii ( ! ,social ,security ,act1 includ+ individuals enroll$ 9 a ,m$ic>e ,advantage plan "u "p ,c ( su* title2 7ii7 individuals eligible = m$ical assi/ance "u a ,/ate plan "u title ,,xix ( ! ,social ,security ,act 7or a waiv] ( su* a plan72 or 7iii7 self-pay individuals2 or 7,d7 t meets #b or m ( ! crit]ia describ$ 9 subp>agraphs 7,a7 ?r\gh 7,c74 7#c7 ,waiv] ,! ,secret>y may waive ! requirem5ts describ$ 9 p>agraph 7#a77;,d7 9 ! case ( a hospital t demon/rates suffici5t community impacts describ$ 9 p>agraph 7#a77;,c77ii74 7#d7 ,eligibility ,= purposes ( mak+ loans "u ?is section1 ! ,secret>y %all consid] an eligible rural hospital describ$ 9 p>agraph 7#a7 to be eligible = ! community facilities direct loan program4 7c7 ,loan int]e/ & t]ms 7#a7 ,initial int]e/-free loan ,except z o!rwise provid$ 9 ?is subsection1 a loan made "u ?is section %all1 = ! fir/ #e ye>s ( ! loan-- 7,a7 h a z]o p]c5t int]e/ rate2 & 7,b7 require repaym5t ( pr9cipal = a p]iod ( #e ye>s1 amortiz$-- 7i7 9 accordance ) ! expect$ amortization s*$ule ( a loan "u ! community facilities direct loan program2 & 7ii7 ov] a p]iod t is equal to ! less] (-- 7,i7 ! expect$ life ( ! facility be+ con/ruct$ or r5ovat$2 & 7,,ii7 a maximum t]m ( #dj ye>s4 7#b7 ,assessm5t ,at ! end ( ! #e-ye> p]iod ( a loan describ$ 9 p>agraph 7#a71 ! ,secret>y %all conduct an assessm5t ( ! f9ancial /ability ( ! eligible rural hospital to det]m9e :e!r ! hospital has ! f9ancial /r5g? = ! loan to be ref9anc$ at ! prevail+ rates (f]$ "u ! community facilities direct loan program4 7#c7 ,ref9anc+ ,if ! ,secret>y det]m9es ?r\gh an assessm5t "u p>agraph 7#b7 t an eligible rural hospital has suffici5t f9ancial /r5g? to repay a loan "u ! community facilities direct loan program1 subject to subsection 7d77#b71 ! ,secret>y %all ref9ance ! loan "u ?is section into a loan "u ! community facilities direct loan program-- 7,a7 at ! prevail+ int]e/ rate applicable to a loan "u ! community facilities direct loan program2 7,b7 )\t a requirem5t ( ! paym5t ( any int]e/ on ! am\nt ( pr9cipal repaid dur+ ! p]iod 9 :i* ! int]e/ rate ( ! loan 0 z]o p]c5t2 7,c7 bas$ on ! unpaid pr9cipal balance2 & 7,d7 amortiz$ 9 accordance ) ! community facilities direct loan program = ! rema9+ t]m ( ! loan4 7d7 ,r5ewals 7#a7 ,failure "u assessm5t 7,a7 ,9 g5]al ,if ! ,secret>y det]m9es ?r\gh an assessm5t "u subsection 7c77#b7 t an eligible rural hospital does n h suffici5t f9ancial /r5g? to repay a loan "u ! community facilities direct loan program1 ! hospital may submit to ! ,secret>y an application = a #a-"t r5ewal ( ! z]o-p]c5t int]e/ loan 9 accordance ) ! t]ms describ$ 9 subsection 7c77#a7 = #a additional t]m ( n m ?an #e ye>s4 7,b7 ,requirem5ts ,to be eligible = ! r5ewal ( a z]o-p]c5t int]e/ loan "u subp>agraph 7,a71 an eligible rural hospital %all demon/rate 9 ! application submitt$ "u t subp>agraph t ! hospital-- 7i7 has fir/ appli$ = & accept$ any available ,f$]al te*nical assi/ance = rural hospitals to support op]ational improvem5ts & improve f9ancial /ability2 & 7ii7 cont9ues to meet all applicable community facilities direct loan program eligibility crit]ia4 7,c7 ,ref9anc+ ,at ! end ( ! p]iod = :i* a z]o-p]c5t int]e/ loan is r5ew$ "u subp>agraph 7,a71 ! ,secret>y %all ref9ance ! loan into a loan "u ! community facilities direct loan program 9 accordance ) subsection 7c77#c74 7#b7 ,int]e/ rate protection 7,a7 ,9 g5]al ,if ! ,secret>y det]m9es ?r\gh an assessm5t "u subsection 7c77#b7 t an eligible rural hospital has suffici5t f9ancial /r5g? to repay a loan "u ! community facilities direct loan program1 & ! int]e/ rate applicable to a loan "u ! community facilities direct loan program is m ?an #b4e p]c5t1 ! hospital may submit to ! ,secret>y an application = a #a-"t r5ewal ( ! z]o-p]c5t int]e/ loan 9 accordance ) ! t]ms describ$ 9 subsection 7c77#a7 = #a additional t]m ( #e ye>s4 7,b7 ,requirem5ts ,to be eligible = ! r5ewal ( a z]o-p]c5t int]e/ loan "u subp>agraph 7,a71 an eligible rural hospital %all demon/rate 9 ! application submitt$ "u t subp>agraph t ! hospital-- 7i7 has _h a positive impact on access to prim>y heal?c>e1 em]g5cy s]vices1 & s]vices requir$ "u conditions ( p>ticipation applicable "u title ,,xviii ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acie et seq47 9 ! community s]v$ by ! hospital2 & 7ii7 has _h positive impacts 9 ! community describ$ 9 subsection 7b77#a77;,c77ii74 7,c7 ,ref9anc+ ,dur+ ! p]iod ( a z]o-p]c5t int]e/ loan t has be5 r5ew$ "u subp>agraph 7,a71 at any "t t ! int]e/ rate applicable to a loan "u ! community facilities direct loan program is #b4e p]c5t or less1 ! eligible rural hospital may elect to ref9ance ! loan into a loan "u ! community facilities direct loan program 9 accordance ) subsection 7c77#c74 7#c7 ,disapproval ,if ! ,secret>y disapproves an application to r5ew a z]o-p]c5t int]e/ loan "u p>agraph 7#a77;,a7 or 7#b77;,a71 ! ,secret>y %all resolve ! applicable issues 9 accordance ) ! proc$ures t apply to ! community facilities direct loan program4 7e7 ,te*nical assi/ance grants 7#a7 ,9 g5]al ,a hospital t receives a loan "u ?is section %all be eligible = assi/ance ?r\gh an aw>d "u a cov]$ program to support op]ational improvem5ts & improve f9ancial /ability dur+-- 7,a7 ! #e-ye> p]iod ( a z]o-p]c5t int]e/ loan describ$ 9 subsection 7c77#a72 & 7,b7 any r5ewal ( a z]o-p]c5t int]e/ loan = a lack ( suffici5t f9ancial /r5g? "u subsection 7d77#a74 7#b7 ,cov]$ program def9$ ,9 ?is subsection1 ! t]m cov]$ program means-- 7,a7 ! ,t>get$ ,te*nical ,assi/ance = ,rural ,hospitals ,program ( ! ,heal? ,res\rces & ,s]vices ,adm9i/ration2 & 7,b7 ! ,rural ,hospital ,te*nical ,assi/ance ,program c>ri$ out by ! rural developm5t mission area1 9 coop]ation ) ! ,national ,rural ,heal? ,association4 4