FLEX Act
1/11/2023, 1:46 PMSummary of Bill HR 742
The FLEX Act, also known as Bill 117 hr 742, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide flexibility to states in how they use federal funds for transportation projects.Specifically, the FLEX Act would allow states to transfer up to 100% of their federal highway funding to other transportation projects, such as public transportation or infrastructure improvements. This would give states more control over how they allocate their transportation funds, allowing them to better address their specific needs and priorities.
Additionally, the FLEX Act would streamline the approval process for transportation projects, making it easier for states to move forward with important infrastructure improvements. This would help to reduce delays and ensure that projects are completed in a timely manner. Overall, the FLEX Act aims to empower states to make more efficient use of federal transportation funds and improve the overall transportation infrastructure in the United States. It is currently being debated in Congress and has the potential to have a significant impact on how transportation projects are funded and implemented across the country.
Congressional Summary of HR 742
Flexibility Through Lower Expenses Health Care Act or the FLEX Act
This bill provides statutory authority for certain short-term, limited-duration health insurance plans and association health plans.
The bill permits short-term, limited-duration plans to provide coverage for a period of less than 12 months, not including extensions. Under current law, such plans are exempt from certain market requirements of the Patient Protection and Affordable Care Act, such as coverage of individuals with preexisting conditions.
The bill further permits groups or associations of employers to sponsor fully insured group health plans as if they were employers. Such plans may not discriminate based on the health factors of any prospective plan participant for the purpose of granting an employer's membership in the association or determining a participant's eligibility for benefits or premium amounts.
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Current Status of Bill HR 742
Bill HR 742 is currently in the status of Bill Introduced since February 3, 2021. Bill HR 742 was introduced during Congress 117 and was introduced to the House on February 3, 2021. Bill HR 742's most recent activity was Referred to the Subcommittee on Health. as of February 4, 2021Bipartisan Support of Bill HR 742
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 742
Primary Policy Focus
HealthPotential Impact Areas
Employee benefits and pensionsHealth care costs and insuranceHealth care coverage and accessSelf-employedSmall businessAlternate Title(s) of Bill HR 742
FLEX ActTo require short-term limited duration insurance issuers to renew or continue in force such insurance coverage at the option of the enrollees, and for other purposes.FLEX ActFlexibility Through Lower Expenses Health Care ActComments
Most relevant
Sponsors and Cosponsors of HR 742
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