GovTrack’s Bill Summary
We don’t have a summary available yet.
Library of Congress Summary
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
Amends title XVIII (Medicare) of the Social Security Act to provide that in establishing an appropriate allowance for depreciation and for interest on capital indebtedness with respect to a hospital's asset which has undergone a change of ownership: (1) the valuation of the asset as a result of the change shall not exceed the net book value of the asset; (2) to the extent that the sum of the capital indebtedness and equity exceeds the net book value of the asset, capital indebtedness and equity shall not be recognized; and (3) only the amount (if any) by which the net book value of the asset exceeds the equity established with respect to the asset shall be recognized as capital indebtedness. Defines "net book value" to mean, with respect to a hospital asset the ownership of which has changed, the valuation of the asset established for Medicare (less accumulated depreciation) on the date before the date of the ownership change.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.