Page:United States Statutes at Large Volume 87.djvu/962

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establishment

PUBLIC LAW 93-222-DEC. 29, 1973

[87 STAT.

and redemption of such notes and obligations shall be made by the Secretary from the fund. "^^-^ There is established in the Treasury a loan fund (hereinafter in this subsection referred to as the 'fund') which shall be available to the Secretary without fiscal year limitation, in such amounts as may be specified from time to time in appit)priation Acts, to enable him to make loans under this title. There shall also be deposited in the fund amounts received by the Secretary as interest payments and repayment of principal on loans made under this title and other property or assets derived by him from his operations respecting such loans, from the sale of loans under subsection (c) of this section, or from the sale of assets. "AUTHORIZATIONS OF APPROPRIATIONS

"SEC. 1309. (a) For the purpose of making payments under grants and contracts under sections 1303, 1304(a), and 1304(b), there are authorized to be appropriated $25,000,000 for the fiscal year ending June 30, 1974, $55,000,000 for the fiscal year ending June 30, 1975, and $85,000,000 for the fiscal year ending June 30, 1976; and for the purpose of making payments under grants and contracts under section 1304(b) for the fiscal year ending June 30, 1977, there is authorized to be appropriated $85,000,000. "(b) There is authorized to be appropriated to the loan fund established under section 1308(e) $75,000,000 in the aggregrate for the fiscal years ending June 30, 1974, and June 30, 1975. "EMPLOYEES' HEALTH BENEFITS PLANS

80^stat^8*38°^^' 29 USC 206. 7 5 Stat. 71; 86 Stat.' 375! 29 USC 213.

"SEC. 1310. (a) Each employer which is required during any calendar quarter to pay its employees the minimum wage specified by sec^^^^ ^^ ^^® ''^^^^ Labor Standards Act of 1938 (or would be required to pay his employees such wage but for section 13(a) of such Act), and which during such calendar quarter employed an average number of employees of not less than twenty-five, shall, in accordance with regulations which the Secretary shall prescribe, include in any health benefits plan offered to its employees in the calendar year beginning after such calendar quarter the option of membership in qualified health maintenance organizations which are engaged in the provision of basic and supplemental health services in the areas in which such employees reside. "(b) If there is more than one qualified health maintenance organization which is engaged in the provision of basic and supplemental health services in the area in which the employees of an employer subject to subsection (a) reside and if— "(1) one or more of such organizations provides basic health services through professionals who are members of the staff of the organization or a medical group (or groups), and "(2) one or more of such organizations provides such services through an individual practice association (or associations), then of the qualified health maintenance organizations included in a health benefits plan of such employer pursuant to subsection (a) at least one shall be an organization which provides basic health services as described in clause (1) and at least one shall be an organization which provides basic health services as described in clause (2). "(c) No employer shall be required to pay more for health benefits as a result of the application of this section than would otherwise be required by any prevailing collective bargaining agreement or other legally enforceable contract for the provision of health benefits between the employer and its employees. Failure of any employer to

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