Title VII, SEC. 7902. DENIAL OF TAX-EXEMPT STATUS FOR BORROWINGS OF HEALTH 
CARE-RELATED ENTITIES. 
      (a) In General. Paragraph (6) of section 141(b) (relating to private 
    business use) is amended by adding at the end thereof the following new 
    subparagraph: 

      ``(C) Certain health care-related entities. Use by 

      ``(i) any regional alliance described in section 1301 of the Heath 
    Security Act, 

      ``(ii) any corporate alliance described in section 1311 of such Act, and 

      ``(iii) any guaranty fund described in section 1204 of such Act, 

      ``shall be treated as private business use by an organization that is not 
    a 501(c)(3) organization.'' 

      (b) Effective Date. The amendment made by subsection (a) shall apply to 
    obligations issued after the date of the enactment of this Act.