Hospital Capital Stock Increase Limitation Act of 1979

[AI summary unavailable — showing source text] Hospital Capital Stock Increase Limitation Act of 1979 - Amends title XV of the Public Health Service Act (National Health Planning and Development) to direct the Secretary of Health, Education, and Welfare to promulgate annually a national limit for certificates and reports of need to be issued in that year for "major increases in hospital capital stock." Sets the limit for any year at $3,000,000,000, to be adjusted according to increases in construction prices, changes in population growth, and previous estimates. Directs the Secretary to allocate such limit among the States according to appropriate factors. Defines "major increase in hospital capital stock" to include: (1) the construction or development of a non-Federal hospital which (A) has an average duration of stay of less than 30 days, (B) is not primarily engaged in providing psychiatric services, and (C) is not wholly owned by a health maintenance organization (HMO); or (2) an improvement or acquisition by such a hospital which (A) exceeds $150,000 in value, (B) will increase the number of short-term non-Federal beds in the State, or (C) will substantially change institutional health services offered. Applies the certif…