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Code · BILL · 113th Congress · S. 11 (Introduced in Senate) — To provide a comprehensive deficit reduction plan, and for other purposes. · Sec. 2405

Sec. 2405. Reduction of bad debt treated as an allowable cost

468 words·~2 min read·/bill/113/s/11/is/section-2405

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Section 1861(v)(1)(T) of the Social Security Act ( 42 U.S.C. 1395x(v)(1)(T) ) is amended— in clause (iv), by striking and at the end; in clause (v)— by striking or a subsequent fiscal year ; and by striking the period at the end and inserting a comma; and by adding at the end the following: for cost reporting periods beginning during fiscal year 2014, by 48 percent of such amount otherwise allowable, for cost reporting periods beginning during fiscal year 2015, by 61 percent of such amount otherwise allowable, for cost reporting periods beginning during fiscal year 2016, by 74 percent of such amount otherwise allowable, for cost reporting periods beginning during fiscal year 2017, by 87 percent of such amount otherwise allowable, and for cost reporting periods beginning during fiscal year 2018 or a subsequent fiscal year, by 100 percent of such amount otherwise allowable. .
Section 1861(v)(1)(V) of the Social Security Act ( 42 U.S.C. 1395x(v)(1)(V) ) is amended— by moving subclauses
(I)and
(II)of clause
(i)and subclauses
(I)through
(IV)of clause
(ii)two ems to the right; and in clause (i)— in subclause (I), by striking and at the end; in subclause (II)— by striking or a subsequent fiscal year ; and by striking the period at the end and inserting a semicolon; and by adding at the end the following: for cost reporting periods beginning during fiscal year 2014, by 48 percent of such amount otherwise allowable; for cost reporting periods beginning during fiscal year 2015, by 61 percent of such amount otherwise allowable; for cost reporting periods beginning during fiscal year 2016, by 74 percent of such amount otherwise allowable; for cost reporting periods beginning during fiscal year 2017, by 87 percent of such amount otherwise allowable; and for cost reporting periods beginning during fiscal year 2018 or a subsequent fiscal year, by 100 percent of such amount otherwise allowable. . Section 1861(v)(1)(W)(i) of the Social Security Act ( 42 U.S.C. 1395x(v)(1)(W)(i) ) is amended— in subclause (II), by striking and at the end; in subclause (III)— by striking a subsequent fiscal year and inserting fiscal year 2015 ; and by striking the period at the end and inserting a semicolon; and by adding at the end the following: for cost reporting periods beginning during fiscal year 2016, by 48 percent of such amount otherwise allowable; for cost reporting periods beginning during fiscal year 2017, by 61 percent of such amount otherwise allowable; for cost reporting periods beginning during fiscal year 2018, by 74 percent of such amount otherwise allowable; for cost reporting periods beginning during fiscal year 2019, by 87 percent of such amount otherwise allowable; and for cost reporting periods beginning during fiscal year 2020 or a subsequent fiscal year, by 100 percent of such amount otherwise allowable. .
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Sec. 2405
Reduction of bad debt treated as an allowable cost
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