S. 1154: Exchange Sunset Act of 2013

113th Congress, 2013–2015. Text as of Jun 12, 2013 (Introduced).

Status & Summary | PDF | Source: GPO and Cato Institute Deepbills

II

113th CONGRESS

1st Session

S. 1154

IN THE SENATE OF THE UNITED STATES

June 12, 2013

(for himself, Mr. Inhofe, Mr. Barrasso, and Mr. Cochran) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To provide that certain requirements of the Patient Protection and Affordable Care Act do not apply if the American Health Benefit Exchanges are not operating on October 1, 2013.

1.

Short title

This Act may be cited as the Exchange Sunset Act of 2013 .

2.

Nonapplication of the Patient Protection and Affordable Care Act

(a)

Termination of Exchange requirement

Section 1312 of the Patient Protection and Affordable Care Act ( 42 U.S.C. 18031 ) is amended by adding at the end the following:

(i)

Failure To offer coverage

If one or more Exchanges fails to accept applications for enrollment in qualified health plans beginning on October 1, 2013, the requirements of this section shall cease to apply, and any other provisions of this Act (or an amendment made by this Act) relating to Exchanges shall not be applicable.

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(b)

Requirement of coverage

Section 5000A of the Internal Revenue Code of 1986 is amended by adding at the end the following:

(h)

Termination

The provisions of this section shall terminate on October 1, 2013 if the Secretary of the Treasury determines that one or more Exchanges fails to accept applications for enrollment in qualified health plans on such date.

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