To amend title XIX of the Social Security Act to reduce Federal financial participation for certain States that require political subdivisions to contribute towards the non-Federal share of Medicaid.
Summary
What This Bill Does
The bill creates short title This Act may be cited as the Property Tax Reduction Act of 2023 and creates reduction of Federal financial participation (FFP) for certain States that require political subdivisions to contribute toward non-Federal share of Medicaid Section 1903 of the Social Security Act (42 U.S.C. It relies on tax rate changes, grants, compliance mandates, and exemptions. The main policy areas are Healthcare Consumers, Finance, and Healthcare.
Who Benefits and How
Patients and health care consumers affected by the bill could face reduced risk and Financial services firms and customers affected by the bill could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Public beneficiaries or protected communities affected by the clause could face increased risk.
Key Provisions
- Creates short title This Act may be cited as the Property Tax Reduction Act of 2023.
- Creates reduction of Federal financial participation (FFP) for certain States that require political subdivisions to contribute toward non-Federal share of Medicaid Section 1903 of the Social Security Act (42 U.S.C.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates short title This Act may be cited as the Property Tax Reduction Act of 2023 and creates reduction of Federal financial participation (FFP) for certain States that require political subdivisions to contribute toward non-Federal share of Medicaid Section 1903 of the Social Security Act (42 U.S.C.
Key Policy Areas
Healthcare Consumers, Finance, Healthcare
Primary Purpose
The bill creates short title This Act may be cited as the Property Tax Reduction Act of 2023 and creates reduction of Federal financial participation (FFP) for certain States that require political subdivisions to contribute toward non-Federal share of Medicaid Section 1903 of the Social Security Act (42 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Patients and health care consumers affected by the bill
- Financial services firms and customers affected by the bill
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Public beneficiaries or protected communities affected by the clause
Sponsors
Legislative Progress
IntroducedMs. Tenney (for herself, Mr. Langworthy, Mr. Williams of New …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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