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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 71118 › Proposal

Savings in one period are carried into the next

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 71118, Sec. 71118. Written by .

Savings in one period are carried into the next

The document says “shallWho acts: Secretary of Health and Human ServicesHow: statuteSec. 71118 in the PDF
What the document says

“the Secretary shall specify the methodology to be used with respect to the subsequent approval period for such project for purposes of taking the difference between such expenditures into account.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 71118

The section requires the Secretary, where spending under a project in an approval period comes in below what it would have been without the project, to set the method used in the next approval period for taking that difference into account. It also appropriates $5,000,000 for each of the named fiscal years to the Administrator of the Centers for Medicare & Medicaid Services.

What the document actually says

“the Secretary shall specify the methodology to be used with respect to the subsequent approval period for such project for purposes of taking the difference between such expenditures into account.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 71118
That sentence, in plain words

The Secretary must set a method. It covers the next approval period. It takes the gap in spending into account.

What this is about

The gap arises when a project spends less than planned. The saving is not simply kept. It is carried into the next round.

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