113 S2214 IS: Obamacare Taxpayer Bailout Protection Act U.S. Senate 2014-04-07 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II 113th CONGRESS 2d Session S. 2214 IN THE SENATE OF THE UNITED STATES April 7, 2014 Mr. Rubio introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions A BILL To prevent a taxpayer bailout of health insurance issuers.

1.

Short title

This Act may be cited as the Obamacare Taxpayer Bailout Protection Act.

2.

Prevention of bailout of health insurance issuers

Section 1342 of the Patient Protection and Affordable Care Act (42 U.S.C. 18062) is amended by adding at the end the following: (d)

Ensuring budget neutrality

In implementing this section, the Secretary shall ensure that payments out and payments in under paragraphs (1) and (2) of subsection (b) are provided for in amounts that the Secretary determines are necessary to reduce to zero the cost (as defined in section 502 of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a)) to the Federal Government of carrying out the program under this section..