3.0.0 2130 2023-01-15T10:03:16Z 2023-01-15T10:03:16Z Senate S S 2004-02-26 108 ssfi00 Finance Committee Senate Standing Referred to 2004-02-26T15:50:49Z Medicare Prescription Drug Cost Containment Act of 2004 108 3854 HR 2004-03-11 Referred to the Subcommittee on Health. Identical bill CRS 2004-02-26 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2004-02-26 Introduced in Senate IntroReferral 10000 9 Library of Congress G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC N S001141 Sen. Sessions, Jeff [R-AL] Jeff Sessions R AL 2004-02-26 True M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY 2004-02-26 True C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2004-04-07 False M001141 Sen. Miller, Zell [D-GA] ZELL MILLER D GA 2004-04-29 False Health Budget surpluses Congress Congressional reporting requirements Drugs Economics and Public Finance Expedited congressional procedure Government trust funds House rules and procedure Legislation Medicare Prescription pricing Senate rules and procedure Social Welfare Health 00 2004-02-26 Introduced in Senate 2004-03-29T21:46:15Z Medicare Prescription Drug Cost Containment Act of 2004 - Directs the Secretary of Health and Human Services, on the same date on which the President submits a budget to Congress, to determine to Congress whether excess general revenue Medicare prescription drug funding is projected for the fiscal year for which the budget is submitted. Treats an affirmative determination as a Medicare part D (Voluntary Prescription Drug Benefit Program) funding warning in the fiscal year beginning on October 1 of the year in which the determination is made.

Amends Federal money and finance law, as amended by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, to direct the President to submit to Congress proposed legislation to respond to such a warning within 15 days after the budget submission to Congress for the succeeding year. States that such requirement shall not apply if, during the year in which the warning is made, legislation is enacted which eliminates excess general revenue Medicare funding for the period beginning with the fiscal year for which the determination is made through September 30, 2013, as certified by the Board of Trustees of the Federal Supplementary Medical Insurance Trust Fund.

Expresses the sense of Congress that legislation submitted by the President in response to a warning should be designed to eliminate excess general revenue Medicare funding for the period that begins with the fiscal year for which the determination is made through September 30, 2013.

Sets out the special procedures for House and Senate consideration of the President's legislative proposal in response to such warning.

]]> Medicare Prescription Drug Cost Containment Act of 2004 Display Title Medicare Prescription Drug Cost Containment Act of 2004 Official Title as Introduced A bill to contain the costs of the medicare prescription drug program under part D of title XVIII of the Social Security Act, and for other purposes. Introduced in Senate IS Short Titles as Introduced Medicare Prescription Drug Cost Containment Act of 2004 Introduced in Senate 2004-02-26T05:00:00Z 2004-02-26 Read twice and referred to the Committee on Finance. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.