3.0.0 4090 2023-01-13T04:49:54Z 2023-01-13T04:49:54Z House H HR 2005-10-20 109 hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2005-10-21T15:55:25Z Referred to 2005-10-20T13:56:11Z 2005-10-21 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 2005-10-20 Referred to the House Committee on Transportation and Infrastructure. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2005-10-20 Sponsor introductory remarks on measure. (CR E2139-2140) IntroReferral B00100 9 Library of Congress 2005-10-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-10-20 Introduced in House IntroReferral 1000 9 Library of Congress M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 N M001161 Rep. Melancon, Charlie [D-LA-3] Charlie Melancon D LA 3 2005-10-20 True J000070 Rep. Jefferson, William J. [D-LA-2] WILLIAM JEFFERSON D LA J. 2 2005-10-20 True B000944 Rep. Brown, Sherrod [D-OH-13] Sherrod Brown D OH 13 2005-10-26 False S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2005-11-18 False Emergency Management Collection of accounts Disaster loans Disaster relief Economics and Public Finance Federal-local relations Federal-state relations Finance and Financial Sector Government Operations and Politics Government lending Hurricane aftermath legislation Income tax Interest Local finance Local taxation State finance State taxation Taxation Emergency Management 00 2005-10-20 Introduced in House 2005-11-29T22:25:16Z Whatever It Takes to Rebuild Act, Part II - Repeals the Community Disaster Loan Act of 2005.

Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize the President to make community disaster loans to any state government which may suffer a substantial loss of tax and other revenue as a result of a major disaster, and has demonstrated a need for financial assistance in order to perform its governmental functions.

Removes the $5 million cap set for community disaster loans.

Provides that in the case of a community disaster loan made to a state or local government which suffers a substantial loss of tax and other revenues as a result of a major disaster the President determines to be an incident of national significance: (1) the amount of the loan shall not be subject to the current limitation of 25% of the annual operating budget of that state or local government for the fiscal year in which the major disaster occurs; and (2) the President shall not require the payment of any interest or principal on a loans.

]]> Whatever It Takes to Rebuild Act, Part II Display Title Whatever It Takes to Rebuild Act, Part II Official Title as Introduced To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to modify the terms of the community disaster loan program, and for other purposes. Introduced in House IH Short Titles as Introduced Whatever It Takes to Rebuild Act, Part II Introduced in House 2005-10-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4090ih/xml/BILLS-109hr4090ih.xml 2005-10-21 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.