SEPARATE FUNDING LEVELS.

SEC. 4097. SEPARATE FUNDING LEVELS. (a) Aggregate Funding.— Section 1866(a)(1)(F)(i)(III) of the Social Security Act (42 U.S.C. 1395cc(a)(1)(F)(i)(III)) is amended— (1) by striking “1986” and inserting “1988”; and (2) inserting “and for any direct or administrative costs incurred as a result of review functions added with respect to a subsequent fiscal year” after “inflation”. (b) Payment.— Section 1866(a)(4)(C)(ii) of such Act (42 U.S.C. 1395cc(a)(4)(C)(ii)) is amended to read as follows: “(ii) shall not be less in the aggregate for a fiscal year— “(I) in the case of hospitals, than the amount specified in paragraph (1)(F)(i)(III), and “(II) in the case of facilities and agencies, than the amounts the Secretary determines to be sufficient to cover the costs of such organizations’ conducting the activities described in subparagraph (A) with respect to such facilities or agencies under part B of title XL”. (c) Effective Date.— The amendments made by this section shall apply with respect to fiscal years beginning on or after October 1, 1988.