S.1224: A bill to amend title XXI of the Social Security Act to reauthorize the State Children's Health Insurance Program, and for other purposes.

A bill to amend title XXI of the Social Security Act to reauthorize the State Children's Health Insurance Program, and for other purposes. 4/25/2007--Introduced. Children's Health Insurance Program (CHIP) Reauthorization Act of 2007 - Amends title XXI (State Children's Health Insurance Program) (CHIP) of the Social Security Act (SSA) to make appropriations for CHIP for FY2008-FY2012. Revises requirements for annual state CHIP allotments to create a formula including: (1) a coverage factor, based on a state's prior spending adjusted for health care cost growth and child population growth; and (2) an uninsured children factor, based on the number of low-income uninsured children. Requires: (1) a two-year initial availability of CHIP allotments for all states and territories; and (2) reallocation to a shortfall state or territory of amounts equal to the projected shortfall. Extends the authority for qualifying states to use CHIP allotments for certain expenditures [...]

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