US SB677 | 2009-2010 | 111th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 8-1)
Status: Introduced on March 24 2009 - 25% progression, died in chamber
Action: 2009-03-24 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

Summary

Reforming an Entitlement through Premium Adjustments based on Income Resources (REPAIR) Act of 2009 - Amends part D (Voluntary Prescription Drug Benefit Program) of title XVIII (Medicare) of the Social Security Act to require an income-related reduction in the part D premium subsidy. Declares that, in the case of an individual whose modified adjusted gross income exceeds a certain applicable threshold amount for a month after December 2009, the monthly amount of the part D premium subsidy shall be reduced (and the monthly beneficiary premium shall be increased) by the monthly adjustment amount determined according to a specified formula.

Tracking Information

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Title

Reforming an Entitlement through Premium Adjustments based on Income Resources (REPAIR) Act of 2009

Sponsors


History

DateChamberAction
2009-03-24 Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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