Page:United States Statutes at Large Volume 124.djvu/518

 124 STAT. 492 PUBLIC LAW 111–148—MAR. 23, 2010 shall submit such draft copy by not later than September 1 of the determination year. ‘‘(E) REVIEW AND COMMENT BY THE SECRETARY.—The Board shall submit a draft copy of each proposal to be submitted to Congress under this section to the Secretary for the Secretary’s review and comment. The Board shall submit such draft copy by not later than September 1 of the determination year. Not later than March 1 of the submission year, the Secretary shall submit a report to Congress on the results of such review, unless the Secretary submits a proposal under paragraph (5)(A) in that year. ‘‘(F) CONSULTATIONS.—In carrying out its duties under this section, the Board shall engage in regular consultations with the Medicaid and CHIP Payment and Access Commis- sion under section 1900. ‘‘(3) TRANSMISSION OF BOARD PROPOSAL TO PRESIDENT.— ‘‘(A) IN GENERAL.— ‘‘(i) IN GENERAL.—Except as provided in clause (ii) and subsection (f)(3)(B), the Board shall transmit a proposal under this section to the President on January 15 of each year (beginning with 2014). ‘‘(ii) EXCEPTION.—The Board shall not submit a proposal under clause (i) in a proposal year if the year is— ‘‘(I) a year for which the Chief Actuary of the Centers for Medicare & Medicaid Services makes a determination in the determination year under paragraph (6)(A) that the growth rate described in clause (i) of such paragraph does not exceed the growth rate described in clause (ii) of such paragraph; ‘‘(II) a year in which the Chief Actuary of the Centers for Medicare & Medicaid Services makes a determination in the determination year that the projected percentage increase (if any) for the medical care expenditure category of the Con- sumer Price Index for All Urban Consumers (United States city average) for the implementa- tion year is less than the projected percentage increase (if any) in the Consumer Price Index for All Urban Consumers (all items; United States city average) for such implementation year; or ‘‘(III) for proposal year 2019 and subsequent proposal years, a year in which the Chief Actuary of the Centers for Medicare & Medicaid Services makes a determination in the determination year that the growth rate described in paragraph (8) exceeds the growth rate described in paragraph (6)(A)(i). ‘‘(iii) START-UP PERIOD.—The Board may not submit a proposal under clause (i) prior to January 15, 2014. ‘‘(B) REQUIRED INFORMATION.—Each proposal sub- mitted by the Board under subparagraph (A)(i) shall include— ‘‘(i) the recommendations described in paragraph (2)(A)(i); Deadline. Reports. Submission. Deadlines.