3.0.0 2319 2023-01-13T04:49:03Z 2023-01-13T04:49:03Z Senate S S 2006-02-16 109 ssfi00 Finance Committee Senate Standing Referred to 2006-02-16T23:21:43Z 2006-02-16 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2006-02-16 Introduced in Senate IntroReferral 10000 9 Library of Congress O000167 Sen. Obama, Barack [D-IL] Barack Obama D IL N Emergency Management Accounting Accreditation (Medical care) Administrative procedure Advice and consent of the Senate Affordable housing Agriculture and Food Alabama Apprenticeship Auditing Authorization Automated teller machines Bank capital Bank deposits Bank examination Bank loans Black colleges Block grants Building construction Business education Checks Chief financial officers Civil Rights and Liberties, Minority Issues Civil rights enforcement Clinics College teachers Colleges Commerce Community development Community development banking Community health services Competitive bidding Congress Congressional reporting requirements Construction industries Construction workers Consultants Consumer credit Cost plus contracts Counseling Credit cards Credit unions Data banks Debtor and creditor Department of Health and Human Services Department of the Treasury Depressed areas Disabled Disaster relief Displaced persons Drug abuse Drug abuse treatment Economics and Public Finance Education Electronic government information Emergency housing Emergency medicine Employee health benefits Employee rights Evacuation of civilians Executive Office of the President Executive reorganization Families Family services Federal Deposit Insurance Corporation Federal Reserve System Federal advisory bodies Federal aid to education Federal aid to health facilities Federal aid to housing Federal employees Federal officials Federally-guaranteed loans Fees Finance and Financial Sector Financial services Floods Florida Food relief Fraud Government Operations and Politics Government and business Government contractors Government liability Government paperwork Government procurement Government publicity Government travel Government trust funds Health Health facilities Health information systems Health planning Higher education Home ownership Homeless Hospital rates Hospitals Housing and Community Development Housing discrimination Housing finance Hurricane aftermath legislation Hurricanes Illiteracy Infrastructure Inspectors general Interest Investments Labor and Employment Law Liability (Law) Licenses Louisiana Low-income housing Maintenance and repair Medical education Medical laboratories Medical personnel Medical residents Medicare Mental care facilities Minimum wages Minorities Minority business enterprises Minority health Mississippi Mortgage banks Mortgages National Credit Union Administration Nonprofit organizations Nurses Off-budget expenditures Paramedical personnel Performance measurement Pharmacists Physicians Planning Poverty Presidential appointments Public-private partnerships Recruiting of employees Rental housing Residence requirements Residential rehabilitation Revolving funds Risk Scholarships School buildings Science, Technology, Communications Secondary mortgage market Small business Social Welfare Student enrollment Student loan funds Subcontractors Tax credits Tax refunds Teacher salaries Teacher supply and demand Telephone Transfer of employees Transportation and Public Works Travel costs Urban affairs User charges Volunteer workers Wages Waste in government spending Emergency Management 00 2006-02-16 Introduced in Senate 2006-06-28T16:53:10Z Hurricane Katrina Recovery Act of 2006 - Establishes within the Executive Office of the President the Office of the Hurricane Katrina Recovery Chief Financial Officer to be responsible for the efficient and effective use of federal funds in Hurricane Katrina recovery activities.

Directs the Secretary of Homeland Security to establish a National Family Locator System and ensure that each state's homeland security plan provides information regarding evacuating individuals with special needs.

Directs: (1) the Secretary of Health and Human Services to establish a volunteer corps to provide an adequate supply of health professionals in an emergency; and (2) the Director of the Centers for Disease Control and Prevention (CDC) to establish a database of health professionals to increase preparedness for federal emergencies.

Requires the HHS Secretary to make grants: (1) for constructing, modernizing, or repairing health facilities damaged by Hurricane Katrina; and (2) to assist individuals and specified entities in communities in affected areas that disproportionately experience health disparities.

Amends the Housing and Community Development Act of 1992 to require the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation to establish and manage an affordable housing fund to increase housing and home ownership for low-income families and in low-income areas and areas of chronic economic distress and for community or economic development activities in economically underserved areas. Authorizes appropriations for disaster relief in Katrina-affected areas through community development assistance programs.

Authorizes the appropriate federal banking agency and the National Credit Union Administration (NCUA) to forbear from taking any action otherwise required with respect to certain undercapitalized insured depository institutions or credit unions that are not significantly or critically undercapitalized and whose capital or net worth were reduced as a direct result of Hurricane Katrina.

Grants emergency authority to the Federal Deposit Insurance Corporation (FDIC) and the NCUA to indemnify an insured depository institution or credit union, respectively, for any loss suffered through cashing a check is presented by an individual who, as of August 28, 2005, resided in a qualified disaster area.

Increases the government-wide goal for procurement contracts awarded to small business concerns owned and controlled by socially and economically disadvantaged individuals for recovery and reconstruction activities related to Hurricane Katrina. Establishes a government-wide goal for procurement contracts awarded to local businesses in Katrina-affected areas of 30% of that total value for each of FY2006-FY2007.

Requires at least 40% of workers performing Katrina-related recovery or reconstruction activities to be local residents.

Directs the Secretary of Education to: (1) award grants to three historically black colleges and universities in New Orleans, Louisiana, to assist in recruiting and retaining students and retaining faculty; and (2) carry out a program of assuming the obligation to repay a qualified loan under the Robert T. Stafford Federal Student Loan Program, and of canceling the obligation to repay a qualified loan under the William D. Ford Federal Direct Loan Program, for any borrower who returns to or enrolls in a Hurricane Katrina-affected institution in academic years between 2005 and 2008, who obtains an associate's degree or bachelor's degree from such institution, and who is not in default on a loan for which the borrower seeks forgiveness.

Amends the Internal Revenue Code to reduce the income threshold, and increase the percentage of earned income, used to calculate the refundable portion of the child tax credit. Allows certain taxpayers who maintained a primary residence in Alabama, Louisiana, or Mississippi an increase in the refundable portion of the child tax credit.

Expresses the sense of the Senate that the funds necessary to carry out this Act should be made available from otherwise unobligated amounts appropriated for hurricane relief.

]]> Hurricane Katrina Recovery Act of 2006 Display Title Hurricane Katrina Recovery Act of 2006 Official Title as Introduced A bill to provide for the recovery from Hurricane Katrina, and for other purposes. Introduced in Senate IS Short Titles as Introduced Hurricane Katrina Recovery Act of 2006 Introduced in Senate 2006-02-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s2319is/xml/BILLS-109s2319is.xml 2006-02-16 Read twice and referred to the Committee on Finance. 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.