[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3172 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 3172

To provide that funds received by the Federal Government from a tobacco 
       industry settlement shall be used for part A of Medicare.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 5, 1998

 Mr. Peterson of Pennsylvania introduced the following bill; which was 
              referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To provide that funds received by the Federal Government from a tobacco 
       industry settlement shall be used for part A of Medicare.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Medicare Investment Act''.

SEC. 2. USE OF FUNDS FOR MEDICARE.

    All funds received by the Federal Government from the Federal 
legislation implementing any portion of a national tobacco industry 
settlement, in excess of those spent on programs specifically 
designated to receive funds by the terms of such legislation, shall be 
obligated for the expenses under part A of the Medicare program under 
title XVIII of the Social Security Act.
                                 <all>