[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3467 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 3467

  To establish a health care reform trust fund in the Treasury of the 
                             United States.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            November 8, 1993

   Mr. Richardson introduced the following bill; which was referred 
 jointly to the Committees on Energy and Commerce, Ways and Means, and 
                         Government Operations

_______________________________________________________________________

                                 A BILL


 
  To establish a health care reform trust fund in the Treasury of the 
                             United States.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. HEALTH CARE REFORM TRUST FUND.

    (a) Establishment.--There is established the Health Care Reform 
Trust Fund (hereinafter referred to as the ``Fund'') for the purposes 
of guaranteeing that the net deficit reduction required by the Health 
Security Act is fully achieved.
    (b) Moneys in the Fund.--The Fund shall consist only of amounts 
equal to the net deficit reduction, calculated pursuant to the 
procedures set forth in subsection (c), that is estimated to result 
from the Health Security Act. Such amounts shall be transferred to the 
Fund as specified in subsection (c).
    (c) Transfer of Moneys.--Within 10 days of enactment of the Health 
Security Act--
            (1) the Director of the Office of Management and Budget 
        shall determine the sum of the net deficit reduction that 
        results from the enactment of the Health Security Act; and
            (2) there shall be transferred from the general fund to the 
        Fund an amount equal to the sum determined in paragraph (1).
    (d) Use of Moneys.--Notwithstanding any other provision of law, the 
amounts in the Fund shall be used exclusively for health care reform.
    (e) GRH Exclusion.--Amounts in the Fund, as determined by the 
Director of the Office of Management and Budget, that result from the 
net total of direct spending and receipts provisions calculated 
according to the provisions of section 252 of the Balanced Budget and 
Emergency Deficit Control Act of 1985 shall be excluded from, and shall 
not be counted for purposes of, the totals under section 252 and 
sections 254(d)(3) and 254(g)(3) of that Act.
    (f) President's Budget.--Section 1105(a) of title 31, United States 
Code, is amended by adding at the end thereof:
            ``(27) information about, and a separate statement of 
        amounts in, the Health Care Reform Trust Fund.''.

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