Saturday, March 27, 2010

Health Care Reform Becomes Law

The U.S. Senate-passed version of the health care reform bill (H.R. 3590) was approved by the House of Representatives on Sunday, March 21, and signed into law by President Obama Tuesday. Also, both Houses of Congress considered and approved the Reconciliation Act of 2010 (H.R. 4872), which makes changes to the first bill agreed upon in advance by both chambers and the president.

The final bill was nearly 1,000 pages long and we want to thoroughly analyze it before we say what impact it will have on the attraction industry. Many parts of this law are yet to be decided, as they are subject to the regulatory process.

We do, however, want IAAPA members to know we are working on a comprehensive description of provisions likely to impact them, as well as a timeline for when these provisions go into effect. We will also monitor all legislative and regulatory developments and alert members when action is needed.

While we are working to distribute this information to members as soon as possible, we want to reassure members that they have some time, as the employer responsibility provisions take effect in 2014.

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