Deletes everything. Amends the Children's Health Insurance Program Act. Provides that to be eligible for the Program, a child's annual household income must be at or below 200% (now 185%) of the federal poverty level. Provides that to be eligible for a waiver, a person's countable income must be at or below an income standard determined by the Department, but in no event below 90% of the federal poverty level (now at or below 65% of the federal poverty level). Repeals the Section that repeals the Act on July 1, 2003. Effective immediately.