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H. Rept. 114-784 1 (2016-09-22)

handle is hein.congrecreports/crptxrvy0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP 114TH CONGRESS REPORT 2d Session HOUSE OF REPRESENTATIVES 114-784 CO-OP CONSUMER PROTECTION ACT OF 2016 SEPTEMBER 22, 2016.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. BRADY of Texas, from the Committee on Ways and Means, submitted the following REPORT [To accompany H.R. 954] [Including cost estimate of the Congressional Budget Office] The Committee on Ways and Means, to whom was referred the bill (H.R. 954) to amend the Internal Revenue Code of 1986 to ex- empt from the individual mandate certain individuals who had cov- erage under a terminated qualified health plan funded through the Consumer Operated and Oriented Plan (CO-OP) program, having considered the same, report favorably thereon with an amendment and recommend that the bill as amended do pass. CONTENTS Page I. SUMMARY AND BACKGROUND ................................................................. 2 A. Purpose and Sum m ary ..................................................................... 2 B. Background and Need for Legislation ............................................. 2 C. Legislative H istory ........................................................................... 3 II. EXPLANATION OF THE BILL ..................................................................... 3 A. Exemption from Individual Mandate for Certain Individuals Who Had Coverage Under a Terminated Qualified Health Plan Funded through the Consumer Operated and Oriented Plan (CO-OP) Program (sec. 2 of the bill and sec. 5000A of the C ode) ................................................................................................ 3 III. VOTES OF THE COMM ITTEE ...................................................................... 6 IV. BUDGET EFFECTS OF THE BILL ............................................................. 6 A. Committee Estimate of Budgetary Effects ..................................... 6 F iscal Y ears .................................................................................... 6 B. Statement Regarding New Budget Authority and Tax Expendi- tures Budget Authority ................................................................. 6 C. Cost Estimate Prepared by the Congressional Budget Office ....... 7 V. OTHER MATTERS TO BE DISCUSSED UNDER THE RULES OF THE H O U SE ......................................................................................................... . 8 A. Committee Oversight Findings and Recommendations ................. 8 B. Statement of General Performance Goals and Objectives ............. 8 59-006

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