Page:United States Statutes at Large Volume 117.djvu/2140

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[117 STAT. 2121]
PUBLIC LAW 107-000—MMMM. DD, 2003
[117 STAT. 2121]

PUBLIC LAW 108–173—DEC. 8, 2003

117 STAT. 2121

‘‘(C) payments to sponsors of qualified retiree prescription drug plans under section 1860D–22(a); and ‘‘(D) payments with respect to administrative expenses under this part in accordance with section 201(g). ‘‘(2) TRANSFERS TO MEDICAID ACCOUNT FOR INCREASED ADMINISTRATIVE COSTS.—The Managing Trustee shall transfer from time to time from the Account to the Grants to States for Medicaid account amounts the Secretary certifies are attributable to increases in payment resulting from the application of section 1935(b). ‘‘(3) PAYMENTS OF PREMIUMS WITHHELD.—The Managing Trustee shall make payment to the PDP sponsor or MA organization involved of the premiums (and the portion of late enrollment penalties) that are collected in the manner described in section 1854(d)(2)(A) and that are payable under a prescription drug plan or MA–PD plan offered by such sponsor or organization. ‘‘(4) TREATMENT IN RELATION TO PART B PREMIUM.— Amounts payable from the Account shall not be taken into account in computing actuarial rates or premium amounts under section 1839. ‘‘(c) DEPOSITS INTO ACCOUNT.— ‘‘(1) LOW-INCOME TRANSFER.—Amounts paid under section 1935(c) (and any amounts collected or offset under paragraph (1)(C) of such section) are deposited into the Account. ‘‘(2) AMOUNTS WITHHELD.—Pursuant to sections 1860D– 13(c) and 1854(d) (as applied under this part), amounts that are withheld (and allocated) to the Account are deposited into the Account. ‘‘(3) APPROPRIATIONS TO COVER GOVERNMENT CONTRIBUTIONS.—There are authorized to be appropriated from time to time, out of any moneys in the Treasury not otherwise appropriated, to the Account, an amount equivalent to the amount of payments made from the Account under subsection (b) plus such amounts as the Managing Trustee certifies is necessary to maintain an appropriate contingency margin, reduced by the amounts deposited under paragraph (1) or subsection (a)(2). ‘‘(4) INITIAL FUNDING AND RESERVE.—In order to assure prompt payment of benefits provided under this part and the administrative expenses thereunder during the early months of the program established by this part and to provide an initial contingency reserve, there are authorized to be appropriated to the Account, out of any moneys in the Treasury not otherwise appropriated, such amount as the Secretary certifies are required, but not to exceed 10 percent of the estimated total expenditures from such Account in 2006. ‘‘(5) TRANSFER OF ANY REMAINING BALANCE FROM TRANSITIONAL ASSISTANCE ACCOUNT.—Any balance in the Transitional Assistance Account that is transferred under section 1860D– 31(k)(5) shall be deposited into the Account.

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