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H.R. 3812 (113th): No Bailouts for Insurance Industry Act of 2014

The text of the bill below is as of Jan 7, 2014 (Introduced).


I

113th CONGRESS

2d Session

H. R. 3812

IN THE HOUSE OF REPRESENTATIVES

January 7, 2014

introduced the following bill; which was referred to the Committee on Energy and Commerce

A BILL

To repeal sections 1341 and 1342 of the Patient Protection and Affordable Care Act.

1.

Short title

This Act may be cited as the No Bailouts for Insurance Industry Act of 2014 .

2.

Repeal of sections 1341 and 1342 of the Patient Protection and Affordable Care Act

(a)

In general

Sections 1341 and 1342 of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18061 , 18062) are each repealed.

(b)

Effective date

The repeals made by subsection (a) shall take effect on the date of the enactment of this Act, but the repeal of sections 1341 and 1342 shall not apply to plan years and calendar years, respectively, beginning before such date of enactment.