117 STAT. 2358
PUBLIC LAW 108–173—DEC. 8, 2003
(b) INFORMATION.—The information described in this subsection for an annual report in a year is as follows: (1) PROJECTIONS OF GROWTH OF GENERAL REVENUE SPENDING.—A statement of the general revenue medicare funding as a percentage of the total medicare outlays for each of the following: (A) Each fiscal year within the 7-fiscal-year reporting period. (B) Previous fiscal years and as of 10, 50, and 75 years after such year. (2) COMPARISON WITH OTHER GROWTH TRENDS.—A comparison of the trend of such percentages with the annual growth rate in the following: (A) The gross domestic product. (B) Private health costs. (C) National health expenditures. (D) Other appropriate measures. (3) PART D SPENDING.—Expenditures, including trends in expenditures, under part D of title XVIII of the Social Security Act, as added by section 101. (4) COMBINED MEDICARE TRUST FUND ANALYSIS.—A financial analysis of the combined medicare trust funds if general revenue medicare funding were limited to the percentage specified in subsection (c)(1)(B) of total medicare outlays. (c) DEFINITIONS.—For purposes of this section: (1) EXCESS GENERAL REVENUE MEDICARE FUNDING.—The term ‘‘excess general revenue medicare funding’’ means, with respect to a fiscal year, that— (A) general revenue medicare funding (as defined in paragraph (2)), expressed as a percentage of total medicare outlays (as defined in paragraph (4)) for the fiscal year; exceeds (B) 45 percent. (2) GENERAL REVENUE MEDICARE FUNDING.—The term ‘‘general revenue medicare funding’’ means for a year— (A) the total medicare outlays (as defined in paragraph (4)) for the year; minus (B) the dedicated medicare financing sources (as defined in paragraph (3)) for the year. (3) DEDICATED MEDICARE FINANCING SOURCES.—The term ‘‘dedicated medicare financing sources’’ means the following: (A) HOSPITAL INSURANCE TAX.—Amounts appropriated to the Hospital Insurance Trust Fund under the third sentence of section 1817(a) of the Social Security Act (42 U.S.C. 1395i(a)) and amounts transferred to such Trust Fund under section 7(c)(2) of the Railroad Retirement Act of 1974 (45 U.S.C. 231f(c)(2)). (B) TAXATION OF CERTAIN OASDI BENEFITS.—Amounts appropriated to the Hospital Insurance Trust Fund under section 121(e)(1)(B) of the Social Security Amendments of 1983 (Public Law 98–21), as inserted by section 13215(c) of the Omnibus Budget Reconciliation Act of 1993 (Public Law 103–66). (C) STATE TRANSFERS.—The State share of amounts paid to the Federal Government by a State under section 1843 of the Social Security Act (42 U.S.C. 1395v) or pursuant to section 1935(c) of such Act.
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