[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2961 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 2961

 To amend the Patient Protection and Affordable Care Act to have Early 
    Innovator grant funds returned by States apply towards deficit 
                               reduction.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 15, 2011

Mr. Pompeo (for himself, Mr. Lankford, Ms. Jenkins, Mr. Huelskamp, Mr. 
 Yoder, Mr. Lucas, Mr. Boren, Mr. Cole, Mr. Sullivan, and Mr. Griffith 
 of Virginia) introduced the following bill; which was referred to the 
                    Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
 To amend the Patient Protection and Affordable Care Act to have Early 
    Innovator grant funds returned by States apply towards deficit 
                               reduction.

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

SECTION 1. APPLICATION OF RETURNED PPACA EARLY INNOVATOR GRANT FUNDS 
              TOWARDS DEFICIT REDUCTION.

    Section 1311(a) of the Patient Protection and Affordable Care Act 
(42 U.S.C. 18031(a)) is amended by adding at the end the following new 
paragraph:
            ``(6) Application of returned funds towards deficit 
        reduction.--If an award is made to a State under this 
        subsection and the State subsequently notifies the Secretary in 
        writing that it will not use any remaining funds under the 
        award, any such remaining funds shall be deobligated and 
        rescinded and shall be returned to the general fund of the 
        Treasury for the purpose of deficit reduction.''.
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