3.0.0 4024 2023-01-13T04:49:55Z 2023-01-13T04:49:55Z House H HR 2005-10-07 109 hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2005-10-11T14:49:17Z Referred to 2005-10-07T13:01:00Z 2005-10-11 hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee 1 House committee actions Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. Committee 2005-10-07 Referred to the House Committee on Transportation and Infrastructure. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2005-10-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-10-07 Introduced in House IntroReferral 1000 9 Library of Congress B000072 Rep. Baker, Richard H. [R-LA-6] RICHARD BAKER R LA H. 6 N J000070 Rep. Jefferson, William J. [D-LA-2] WILLIAM JEFFERSON D LA J. 2 2005-10-07 True Emergency Management Collection of accounts Disaster loans Economics and Public Finance Federal-local relations Finance and Financial Sector Government Operations and Politics Government lending Hurricane aftermath legislation Loan defaults Local finance Reprogramming of appropriated funds Emergency Management 00 2005-10-07 Introduced in House 2005-11-21T16:32:50Z Community Disaster Loan Act of 2005 - Authorizes the transfer of up to $300 million in certain disaster relief funds to the Disaster Assistance Direct Loan Program (DADLP) for the cost of direct loans authorized by the Robert T. Stafford Disaster Relief and Emergency Assistance Act (the Act) to assist local governments in providing essential services. Authorizes the transfer, also, of up to $1 million of such funds to the DADLP for administrative expenses.

Amends the Act to eliminate the $5 million limit on the amount of any community disaster loans (but keep the limit of 25% of the local government annual operating budget for the fiscal year in which the major disaster occurs).

Repeals the requirement that repayment of all or part of any such loans be cancelled to the extent that the local government's revenues during the three fiscal years following the major disaster are insufficient to meet its operating budget. (Retains denial of such a government's eligibility for further assistance during any period in which it is in arrears on required repayment of such a loan.)

]]> Community Disaster Loan Act of 2005 Display Title Community Disaster Loan Act of 2005 Official Title as Introduced To make funds available for community disaster loans to assist local governments in providing essential services following Hurricane Katrina, and for other purposes. Introduced in House IH Short Titles as Introduced Community Disaster Loan Act of 2005 Introduced in House 2005-10-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4024ih/xml/BILLS-109hr4024ih.xml 2005-10-11 Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.