1.This Act may be cited as
the Hurricane Katrina Recovery Act of
2006
.
2.The table of contents
for this Act is as follows:
Sec. 1. Short
title.
Sec. 2. Table of contents.
TITLE I—Transparency and accountability during the Hurricane
Katrina recovery and relief effort
Sec. 101. Definitions.
Sec. 102. Establishment and functions.
Sec. 103. Reports of the Government Accountability
Office.
Sec. 104. Administrative and support services.
Sec. 105. Public reporting.
Sec. 106. Authorization of appropriations.
Sec. 107. Termination of office.
TITLE II—Family locator system
Sec. 201. Definitions.
Sec. 202. National emergency family locator system.
Sec. 203. Authorization of appropriations.
TITLE III—Evacuation of individuals with special
needs
Sec. 301. Findings and purpose.
Sec. 302. Evacuation plans for individuals with special
needs.
Sec. 303. Report to Congress.
TITLE IV—Hurricane Katrina emergency health workforce
Sec. 401. Definitions.
Sec. 402. National emergency health professionals volunteer
corps.
Sec. 403. Health professional database.
Sec. 404. Protection of health professional
volunteers.
Sec. 405. Preparedness training requirements.
Sec. 406. Liability protections.
Sec. 407. General waiver authority.
TITLE V—Health provisions
Sec. 501. Repair and disparities grants.
TITLE VI—Housing and Community Rebuilding
Sec. 601. Definitions.
Sec. 602. Affordable housing fund.
Sec. 603. Public housing capital fund reserves for emergencies
and natural disasters.
Sec. 604. Community Development Block Grant
assistance.
Sec. 605. CDBG loan guarantee program.
Sec. 606. Capacity building for community development and
affordable housing.
Sec. 607. Prohibition of placement of families in substandard
dwelling units.
Sec. 608. Fair housing enforcement.
Sec. 609. Housing counseling for families in temporary
shelters.
Sec. 610. Availability of HUD inventory properties.
Sec. 611. Equitable distribution of affordable HOME program
funds.
TITLE VII—Financial services provisions
Sec. 701. Definitions.
Sec. 702. Hurricane Katrina regulatory relief.
Sec. 703. Flexibility in capital and net worth standards for
small affected institutions.
Sec. 704. Waiver of certain limitation on certain bank
investments to promote the public welfare.
Sec. 705. Emergency authority to guarantee checks cashed for
victims of Hurricane Katrina.
Sec. 706. Technical assistance for minority
institutions.
Sec. 707. Implementing Katrina disaster relief through the CDFI
Fund.
TITLE VIII—Expanded opportunity and small business
provisions
Sec. 801. Definitions.
Sec. 802. Increased procurement goal for certain Federal
contracts for recovery from Hurricane Katrina.
Sec. 803. Local participation goal for participation in Federal
procurement contracts in areas affected by Hurricane Katrina.
Sec. 804. Hurricane recovery-related contracts to require 40
percent of contract workers be local residents.
Sec. 805. Apprenticeship and other requirements for
post-hurricane reconstruction.
Sec. 806. Technical Assistance Program for Small Business
Owners’ Recovery.
TITLE IX—Relief for institutions of higher education
Sec. 901. Findings; sense of Congress.
Sec. 902. Definitions.
Sec. 903. Institutional grants for faculty
retention.
Sec. 904. Loan forgiveness.
Sec. 905. Regulations.
Sec. 906. Emergency designations.
TITLE X—Increased access to refundable portion of child tax
credit
Sec. 1001. Reduction in income threshold used to calculate
refundable portion of child tax credit.
Sec. 1002. Increase in percentage earned income used to
calculate refundable portion of child tax credit.
Sec. 1003. Working family tax relief.
TITLE XI—Sense of Senate
Sec. 1101. Sense of the Senate regarding source of certain
funding.
<enum>I</enum><header>Transparency and
accountability during the Hurricane Katrina recovery and relief effort</header>
<section id="IDd87e05799b3f4e16a33fb4631bfb8f6c"><enum>101.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text>
<paragraph id="ID685b23b8c0044e46bb6e7ea6b539bca6"><enum>(1)</enum><header>Chief financial
officer</header><text>The term <term>Chief Financial Officer</term> means the
Hurricane Katrina Recovery Chief Financial Officer.</text>
</paragraph><paragraph id="ID70cb485e9d4c4a9a87dcea7a400efff1"><enum>(2)</enum><header>Office</header><text>The
term <term>Office</term> means the Office of the Hurricane Katrina Recovery
Chief Financial Officer.</text>
</paragraph></section><section id="IDb6d920caeae445cb8940c477ee35d3f9"><enum>102.</enum><header>Establishment
and functions</header>
<subsection id="ID11712a5d100b4701adb36e5da8a47b85"><enum>(a)</enum><header>Establishment</header><text>There
is established within the Executive Office of the President, the Office of the
Hurricane Katrina Recovery Chief Financial Officer.</text>
</subsection><subsection id="ID3d5f119efb6b4c00b1d8594ca4e6c826"><enum>(b)</enum><header>Chief financial
officer</header>
<paragraph id="ID5f85fc34b3884ee5a04decfd668e255f"><enum>(1)</enum><header>Appointment</header><text>The
Hurricane Katrina Recovery Chief Financial Officer shall be the head of the
Office. The Chief Financial Officer shall be appointed by the President, by and
with the advice and consent of the Senate.</text>
</paragraph><paragraph id="IDd2a95dfdb99a4e2490b70464372ccc75"><enum>(2)</enum><header>Qualifications</header><text>The
Chief Financial Officer shall—</text>
<subparagraph id="ID6d854844cd05406db221a638ed9f855d"><enum>(A)</enum><text>have the
qualifications required under section 901(a)(3) of title 31, United States
Code; and</text>
</subparagraph><subparagraph id="ID0df523dd97234ea68bd42b6d6cd749d0"><enum>(B)</enum><text>have knowledge of
Federal contracting and policymaking functions.</text>
</subparagraph></paragraph></subsection><subsection id="ID07ba7c95ed2d4a65a8f29d26bd1ef10d"><enum>(c)</enum><header>Authorities and
functions</header>
<paragraph id="ID3053f82c4ca440aa9601d76b4b85e0c2"><enum>(1)</enum><header>In
general</header><text>The Chief Financial Officer shall—</text>
<subparagraph id="ID40162e47297e4343bf45d10af98d68c0"><enum>(A)</enum><text>be responsible
for the efficient and effective use of Federal funds in all activities relating
to the recovery from Hurricane Katrina;</text>
</subparagraph><subparagraph id="ID342624453a724622b858e6b58893cf78"><enum>(B)</enum><text>strive to ensure
that—</text>
<clause id="ID4c4c2c0e904d495983de384cec228893"><enum>(i)</enum><text>priority in the
distribution of Federal relief funds is given to individuals and organizations
most in need of financial assistance; and</text>
</clause><clause id="IDc2252e1fc4604eafa461f9c6d1821d65"><enum>(ii)</enum><text>priority in the
distribution of Federal reconstruction funds is given to business entities that
are based in Louisiana, Mississippi, Alabama, or Florida or business entities
that hire workers who resided in those States on August 28, 2005;</text>
</clause></subparagraph><subparagraph id="ID3ba13490050b4c6eba9ff534a8fa2faf"><enum>(C)</enum><text>perform risk
assessments of all programs and operations related to recovery from Hurricane
Katrina and implement internal controls and program oversight based on risk of
waste, fraud, or abuse;</text>
</subparagraph><subparagraph id="ID2a19408683ac4f9385388f651e8ca75b"><enum>(D)</enum><text>report directly
to the head of the Office regarding financial management matters;</text>
</subparagraph><subparagraph id="IDbe73729e33784f44857d87800715949b"><enum>(E)</enum><text>oversee all
financial management activities relating to the programs and operations of the
Hurricane Katrina recovery effort;</text>
</subparagraph><subparagraph id="ID9f60822a90604dc5bc03f5ec0221fee8"><enum>(F)</enum><text>develop and
maintain an integrated accounting and financial management system, including
financial reporting and internal controls, which—</text>
<clause id="ID6d585618432342f59bf94245f913209e"><enum>(i)</enum><text>complies with
applicable accounting principles, standards, and requirements, and internal
control standards;</text>
</clause><clause id="ID435fbc7c7abc49809d7565d419635107"><enum>(ii)</enum><text>complies with
such policies and requirements as may be prescribed by the Director of the
Office of Management and Budget;</text>
</clause><clause id="IDe6435d4a0bde402da314580dcc2b23cb"><enum>(iii)</enum><text>complies with
any other requirements applicable to such systems; and</text>
</clause><clause id="ID3ea4ee0c14eb4ec0b50a3912941e427b"><enum>(iv)</enum><text>provides
for—</text>
<subclause id="ID7638a68080c9476e8ee5625eb76751f7"><enum>(I)</enum><text>complete,
reliable, consistent, and timely information which is prepared on a uniform
basis and which is responsive to the financial information needs of the
Office;</text>
</subclause><subclause id="ID5cafb131b0e243baa373443bd1956115"><enum>(II)</enum><text>the development
and reporting of cost information;</text>
</subclause><subclause id="IDe286ec364a4048fbbe236f508128950d"><enum>(III)</enum><text>the integration
of accounting and budgeting information; and</text>
</subclause><subclause id="IDca70104fb12c4e3e8cd1fffa2af28248"><enum>(IV)</enum><text>the systematic
measurement of performance;</text>
</subclause></clause></subparagraph><subparagraph id="IDad8acb68b9b9431998303600a7bfa2da"><enum>(G)</enum><text>monitor the
financial execution of the budget of Federal agencies relating to recovery from
Hurricane Katrina in relation to actual expenditures, and prepare and submit to
the head of the Office timely performance reports;</text>
</subparagraph><subparagraph id="ID2e4899a3c7ca46fb9371bb0e8d888052"><enum>(H)</enum><text>have access to
all records, reports, audits, reviews, documents, papers, recommendations, or
other material which are the property of Federal agencies or which are
available to the agencies, and which relate to programs and operations with
respect to which the Chief Financial Officer has responsibilities;</text>
</subparagraph><subparagraph id="ID1d22321c91474cb08d7e5ab1b221b19c"><enum>(I)</enum><text>request such
information or assistance as may be necessary for carrying out the duties and
responsibilities provided by this section from any Federal, State, or local
governmental entity, including any Chief Financial Officer under section 902 of
title 31, United States Code, and, upon receiving such request, insofar as is
practicable and not in contravention of any existing law, any such Federal
Governmental entity or Chief Financial Officer under section 902 shall
cooperate and furnish such requested information or assistance;</text>
</subparagraph><subparagraph id="ID2c37c6d0f6b542e1a6d3f7d72ef78b33"><enum>(J)</enum><text>to the extent and
in such amounts as may be provided in advance by appropriations Acts, be
authorized to—</text>
<clause id="ID9ecf747e062643cea9e3c6907ca0db00"><enum>(i)</enum><text>enter into
contracts and other arrangements with public agencies and with private persons
for the preparation of financial statements, studies, analyses, and other
services; and</text>
</clause><clause id="IDfedf65ce37ad4e4da84fc70c9a75b06b"><enum>(ii)</enum><text>make such
payments as may be necessary to carry out this section;</text>
</clause></subparagraph><subparagraph id="ID8fd0785b50344dcba253d333fe1fcd4f"><enum>(K)</enum><text>for purposes of
the Improper Payments Information Act of 2002 (31 U.S.C. 3321 note), perform,
in consultation with the Office of Management and Budget, the functions of the
head of an agency for any activity relating to the recovery from Hurricane
Katrina that is not currently the responsibility of the head of an agency under
that Act; and</text>
</subparagraph><subparagraph id="IDcc87029520ef4dddb78944e9cf22a58a"><enum>(L)</enum><text>transmit a
report, on a quarterly basis, regarding any program or activity identified by
the Chief Financial Officer as susceptible to significant improper payments
under section 2(a) of the Improper Payments Information Act of 2002 (31 U.S.C.
3321 note) to the appropriate inspector general.</text>
</subparagraph></paragraph><paragraph id="IDc01adc919c844335923b7d6a29d73cec"><enum>(2)</enum><header>Access</header><text>Except
as provided in paragraph (1)(I), this subsection does not provide to the Chief
Financial Officer any access greater than permitted under any other law to
records, reports, audits, reviews, documents, papers, recommendations, or other
material of any Office of Inspector General established under the Inspector
General Act of 1978 (5 U.S.C. App.).</text>
</paragraph><paragraph id="ID02e1f9bdead1407f897132ebb42bc869"><enum>(3)</enum><header>Coordination of
agencies</header><text>In the performance of the authorities and functions
under paragraph (1) by the Chief Financial Officer the President (or the
President's designee) shall act as the head of the Office and the Chief
Financial Officer shall have management and oversight of all agencies
performing activities relating to the recovery from Hurricane Katrina.</text>
</paragraph><paragraph id="ID4ab2fcce8adf4fc2a7d1e6a42a9ad082"><enum>(4)</enum><header>Regular
reports</header>
<subparagraph id="ID66e51c0866c44d7b807e68ad43049d85"><enum>(A)</enum><header>In
general</header><text>Every month the Chief Financial Officer shall submit a
financial report on the activities for which the Chief Financial Officer has
management and oversight responsibilities to—</text>
<clause id="IDfa76acfad50740ebaea8cfcbc25e88a3"><enum>(i)</enum><text>the
Committee on Homeland Security and Governmental Affairs of the Senate;</text>
</clause><clause id="ID6d256e1d675d41a08b202e35c06a3339"><enum>(ii)</enum><text>the Committee on
Homeland Security of the House of Representatives;</text>
</clause><clause id="ID22a2e0ebd32c4ff5ae0c54e2db4b43e6"><enum>(iii)</enum><text>the Committees
on Appropriations of the Senate and House of Representatives; and</text>
</clause><clause id="IDa69af677e0c346dfa92e0b65f3fb4f7a"><enum>(iv)</enum><text>the Committee on
Government Reform of the House of Representatives.</text>
</clause></subparagraph><subparagraph id="ID21cfa99811e442db82982b712bf8ffb0"><enum>(B)</enum><header>Contents</header><text>Each
report under this paragraph shall include—</text>
<clause id="ID6427ad3b375c40458335166c76363a57"><enum>(i)</enum><text>the
extent to which Federal relief funds have been given to individuals and
organizations most in need of financial assistance;</text>
</clause><clause id="ID61a892a691d34961a08c1996b9ea060c"><enum>(ii)</enum><text>the extent to
which Federal reconstruction funds have been made available to business
entities that are based in Louisiana, Mississippi, Alabama, or Florida or
business entities that hire workers who resided in those States on August 28,
2005; and</text>
</clause><clause id="IDe5834454459642d7a7cfb21451631312"><enum>(iii)</enum><text>the extent to
which Federal agencies have made use of sole source, no-bid or cost-plus
contracts.</text>
</clause></subparagraph><subparagraph id="ID0c2cb98629ea45d98aa37fb09c32aa51"><enum>(C)</enum><header>First
report</header><text>The first report under this paragraph shall be submitted
for the first full month for which a Chief Financial Officer has been
appointed.</text>
</subparagraph></paragraph></subsection><subsection id="IDe8aa434778c7454bac7cb3907baf507e"><enum>(d)</enum><header>Responsibilities
of chief financial officers</header><text>Nothing in this Act shall be
construed to relieve the responsibilities of any Chief Financial Officer under
section 902 of title 31, United States Code.</text>
</subsection><subsection id="IDb47bd9ac41804fdabbefbb632641f247"><enum>(e)</enum><header>Availability of
records</header><text>Upon request to the Chief Financial Officer, the Office
shall make the records of the Office available to the Inspector General of any
Federal agency performing recovery activities relating to Hurricane Katrina, or
to any Special Inspector General designated to investigate such activities, for
the purpose of performing the duties of that Inspector General under the
Inspector General Act of 1978 (5 U.S.C. App.).</text>
</subsection></section><section id="ID96d9e026e8974d2ab8225d84b6ed4c8a"><enum>103.</enum><header>Reports of the
Government Accountability Office</header><text display-inline="no-display-inline">The Government Accountability Office shall
provide quarterly reports to the committees described under section
102(c)(4)(A) relating to all activities and expenditures overseen by the
Office, including—</text>
<paragraph id="IDc9ec67fc55c44cc98a07844a6e479401"><enum>(1)</enum><text>the accuracy of
reports submitted by the Chief Financial Officer to Congress;</text>
</paragraph><paragraph id="ID82e65d561adc471bbaf058740c774d68"><enum>(2)</enum><text>the extent to
which agencies performing activities relating to the recovery from Hurricane
Katrina have made use of sole source, no-bid or cost-plus contracts;</text>
</paragraph><paragraph id="ID94cc67a9321c4bb8885f0ba8aee34aa7"><enum>(3)</enum><text>whether Federal
funds expended by State and local government agencies were spent for their
intended use;</text>
</paragraph><paragraph id="IDd784a5e0a9de4e57b6fd81c4b16fcb66"><enum>(4)</enum><text>the extent to
which Federal relief funds have been distributed to individuals and
organizations most affected by Hurricane Katrina and Federal reconstruction
funds have been made available to business entities that are based in
Louisiana, Mississippi, Alabama, or Florida or business entities that hire
workers who resided in those States on August 28, 2005; and</text>
</paragraph><paragraph id="IDf636b45ecbce49ad971ac85dd641810e"><enum>(5)</enum><text>the extent to
which internal controls to prevent waste, fraud, or abuse exist in the use of
Federal funds relating to the recovery from Hurricane Katrina.</text>
</paragraph></section><section id="IDf83445955ad54e2ca5079af3d0297efc"><enum>104.</enum><header>Administrative
and support services</header>
<subsection id="ID844c424f8021475d8870138cb2cb9ed0"><enum>(a)</enum><header>In
general</header><text>The President shall provide administrative and support
services (including office space) for the Office and the Chief Financial
Officer.</text>
</subsection><subsection id="IDef5d5fbec2b54c58a57d6443c5b26553"><enum>(b)</enum><header>Personnel</header><text>The
President shall provide for personnel for the Office through the detail of
Federal employees. Any Federal employee may be detailed to the Office without
reimbursement, and such detail shall be without interruption or loss of civil
service status or privilege.</text>
</subsection></section><section id="ID3dde4cf1798e47e9a14be356964f8385"><enum>105.</enum><header>Public
reporting</header>
<subsection id="ID73104cb40ed34aa0842768cbdb7f4864"><enum>(a)</enum><header>Newspaper
reporting</header><text>A summary of the monthly financial report required
under section 102(c)(4) shall be published in a newspaper of general
circulation in each county or parish affected by Hurricane Katrina, and shall
include—</text>
<paragraph id="IDeee254aa417e458fa8a39a9cd93a0352"><enum>(1)</enum><text>the total amount
of Federal reconstruction expenditures for the preceding month;</text>
</paragraph><paragraph id="ID1df369700e52465bbd00fd4a4943fddf"><enum>(2)</enum><text>the percentage of
those expenditures made available to business entities that are based in
Louisiana, Mississippi, Alabama, or Florida or business entities that hire
workers who resided in those States on August 28, 2005;</text>
</paragraph><paragraph id="ID26877794d11442d6a493e1505e67d3b2"><enum>(3)</enum><text>the percentage of
Federal expenditures which involve sole source or cost-plus contracts;</text>
</paragraph><paragraph id="ID86286cc261d145b2abf098e4c315fd34"><enum>(4)</enum><text>information on
how to access a full copy of the report on an accessible Federal Government
website; and</text>
</paragraph><paragraph id="IDa00f30b03a734c89b7fee6fc077959be"><enum>(5)</enum><text>an electronic
mail address and a toll-free telephone number through which local residents may
contact the Office to report fraud, waste, or abuse.</text>
</paragraph></subsection><subsection id="ID75f061955a114c12a89d93c618765acb"><enum>(b)</enum><header>Public
availability of contract award information</header>
<paragraph id="IDed479a14d13a4f97b3758c42043fbc76"><enum>(1)</enum><header>Requirement</header><text>Not
later than 30 days after the award of a Hurricane Katrina-related contract by
an executive agency, the chief financial officer shall make publicly available
the following information with respect to the contract:</text>
<subparagraph id="IDd7792bf6063746ac91dbffb366ba9330"><enum>(A)</enum><text>The name and
address of the contractor.</text>
</subparagraph><subparagraph id="IDbd1dfb633b3b4584b42173f4bcf49590"><enum>(B)</enum><text>The date of award
of the contract.</text>
</subparagraph><subparagraph id="ID11904c2e020848b6b66685fb27a03843"><enum>(C)</enum><text>The number of
offers received in response to the solicitation.</text>
</subparagraph><subparagraph id="ID296bcef5258d47f9b783a6b96a267d3d"><enum>(D)</enum><text>The total amount
of the contract.</text>
</subparagraph><subparagraph id="IDe06c05fc573a49bdb7c3c72de0b619a6"><enum>(E)</enum><text>The contract
type, including a general description of the items or services to be procured
under the contract.</text>
</subparagraph><subparagraph id="ID61748b7b138540bc8b300140988d8b21"><enum>(F)</enum><text>With respect to a
procurement carried out using procedures other than competitive
procedures—</text>
<clause id="IDb9b190482bbb4b3eb81e5620e4a0f13d"><enum>(i)</enum><text>the
authority for using such procedures under section 303(c) of title III of the
Federal Property and Administrative Services Act of 1949 (41 U.S.C. 253(c)) or
section 2304(c) of title 10, United States Code; and</text>
</clause><clause id="ID00efb7126d18475e8da35a675abd2344"><enum>(ii)</enum><text>the number of
sources from which bids or proposals were solicited.</text>
</clause></subparagraph><subparagraph id="ID3d8b4387a5a6495ab543e95917780260"><enum>(G)</enum><text>The general
reasons for selecting the contractor.</text>
</subparagraph><subparagraph id="ID3628dda90a36438e88182a9227b39d6a"><enum>(H)</enum><text>An electronic
mail address and toll-free telephone number through which local residents may
contact the agency to report fraud, waste, or abuse.</text>
</subparagraph></paragraph><paragraph id="ID6e66d24dd4b44f2f82947795a3924650"><enum>(2)</enum><header>Public
availability</header><text>The information required under paragraph (1) shall
be made available by—</text>
<subparagraph id="IDefb34446a9c849eb9e28225b706ce408"><enum>(A)</enum><text>publishing in a
newspaper of general circulation in the local government unit where a majority
of the contract is to be performed; and</text>
</subparagraph><subparagraph id="IDada72b4315cc4657ab09bd5e150dbcc8"><enum>(B)</enum><text>posting on an
accessible Federal Government website.</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID9c4d77f6e7d644818222c6725606fd3a"><enum>(3)</enum><header>Definition</header><text>In
this section, the term <quote>executive agency</quote> has the meaning provided
in section 4 of the Office of Federal Procurement Policy Act (41 U.S.C.
403).</text>
</paragraph></subsection></section><section id="IDf0ced872f2e941e48436666f1041d1cf"><enum>106.</enum><header>Authorization
of appropriations</header><text display-inline="no-display-inline">There are
authorized to be appropriated such sums as necessary to carry out this
Act.</text>
</section><section id="ID037437169bb14000aa4cdfe6337d4bc4"><enum>107.</enum><header>Termination of
office</header>
<subsection id="IDd40a7b5c32c64409baa48013e2460e12"><enum>(a)</enum><header>In
general</header><text>The Office and position of Chief Financial Officer shall
terminate 1 year after the date of enactment of this Act.</text>
</subsection><subsection id="IDf3394a254826401f93af3ec5d1dfecb3"><enum>(b)</enum><header>Extension</header><text>The
President may extend the date of termination annually under subsection (a) to
any date occurring before 5 years after the date of enactment of this
Act.</text>
</subsection><subsection id="IDe7e88677eba249279bd8745717a176a2"><enum>(c)</enum><header>Notification</header><text>The
President shall notify the committees described under section 102(c)(4)(A) 60
days before any extension of the date of termination under this section.</text>
</subsection></section><enum>II</enum><header>Family locator
system</header>
<section id="idA4D09F7774D2484DB08B1AB82DF68739"><enum>201.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title—</text>
<paragraph id="id7C16FAEB378149A7B69582873F7A4BAA"><enum>(1)</enum><text>the term
<term>Department</term> means the Department of Homeland Security;</text>
</paragraph><paragraph id="id37A9CDF52A324FF1991E3C219D7AB771"><enum>(2)</enum><text>the terms
<term>emergency</term> and <term>major disaster</term> have the same meaning as
in section 102 of the Robert T. Stafford Disaster Relief and Emergency
Assistance Act (42 U.S.C. 5122);</text>
</paragraph><paragraph id="id857B4D1D0F1342DEA774A908AD806FF7"><enum>(3)</enum><text>the term
<term>Secretary</term> means the Secretary of Homeland Security; and</text>
</paragraph><paragraph id="idCDBC5456492A4F0E87323E15BB5424E8"><enum>(4)</enum><text>the term
<term>System</term> means the National Emergency Family Locator System
established under this title.</text>
</paragraph></section><section id="id1985DC1D59BD427DB9E5AFCCADF625E1"><enum>202.</enum><header>National
emergency family locator system</header>
<subsection id="id2BCCA5A19FD04BF6AFB1ADC7D0F27471"><enum>(a)</enum><header>In
general</header><text>Not later than 180 days after the date of enactment of
this Act, the Secretary shall establish within the Department the National
Family Locator System.</text>
</subsection><subsection id="id7726080A0AE8425C9EAA6D6B18A62904"><enum>(b)</enum><header>Purposes</header><text>The
purposes of the System are to—</text>
<paragraph id="idB6A1F805CE654968A16760753725146B"><enum>(1)</enum><text>enable
individuals displaced by an emergency or major disaster to provide to the
Department the name and location of the displaced individuals, and any other
relevant information, using the telephone, the Internet, and other means
determined to be appropriate by the Secretary; and</text>
</paragraph><paragraph id="id29E9A39FC87E47B5836A9EB54F699C91"><enum>(2)</enum><text>enable the
Department—</text>
<subparagraph id="id2C700A6A7F12480F825D72D563EE6F29"><enum>(A)</enum><text>to compile the
information collected under paragraph (1); and</text>
</subparagraph><subparagraph id="idB847086C27DD4E54A567A31B29F83828"><enum>(B)</enum><text>to provide the
information collected and compiled under the System to the family members of
individuals displace by an emergency or major disaster and law enforcement
officials.</text>
</subparagraph></paragraph></subsection><subsection id="id05FD334BC3B44F4CBF6D4BFCD1EB55E3"><enum>(c)</enum><header>Considerations</header><text>In
establishing the System under subsection (a), the Secretary shall take into
account and, to the maximum extent practicable, incorporate into the
System—</text>
<paragraph id="idA37242D611FD425BBC090FFC2E10561D"><enum>(1)</enum><text>intermediary-based
locator systems, such as the National Next of Kin Registry; and</text>
</paragraph><paragraph id="id53472C9D76804F8DA122750A1E3E5C38"><enum>(2)</enum><text>information from
existing family locator databases, such as the Family News Network of the
International Committee of the Red Cross.</text>
</paragraph></subsection></section><section id="idCB36E69F41D04C40A0DDAB0785D4E974"><enum>203.</enum><header>Authorization
of appropriations</header><text display-inline="no-display-inline">There are
authorized to be appropriated such sums as are necessary to carry out this
title.</text>
</section><enum>III</enum><header>Evacuation of
individuals with special needs</header>
<section id="id59DD1F5F123E4AAD97AA7B07127D949B"><enum>301.</enum><header>Findings and
purpose</header>
<subsection id="id90E94A5BEF46415490B8F8C5FC5C2419"><enum>(a)</enum><header>Findings</header><text>Congress
makes the following findings:</text>
<paragraph id="idE4F7FB00ABF341AFABD2228A4AC072E5"><enum>(1)</enum><text>Many of the lives
lost to Hurricane Katrina and the flooding that ensued could have been
prevented had everyone been evacuated before the hurricane came ashore.</text>
</paragraph><paragraph id="id3EC3924E2F004CD5914491031D6F29B7"><enum>(2)</enum><text>Many people who
were not evacuated lacked the resources to evacuate.</text>
</paragraph><paragraph id="id4B2FF9227E1640F284111B636DE4DAEC"><enum>(3)</enum><text>Many people who
lacked the resources to evacuate—</text>
<subparagraph id="id96D61AFA1DE548E99550DBA86C77C1B8"><enum>(A)</enum><text>did not have
access to any means of transportation to evacuate;</text>
</subparagraph><subparagraph id="idECB59520E96640D1A0362D123C1D05B2"><enum>(B)</enum><text>had neither a
vehicle nor the funding to pay for transportation out of the threatened areas;
and</text>
</subparagraph><subparagraph id="id0815CBACC69D4239B1CBB00CF6B35FB3"><enum>(C)</enum><text>did not have
access to, nor could they afford, temporary accommodations outside the
threatened areas.</text>
</subparagraph></paragraph><paragraph id="idC2CC8F767B5D4C819CA021F4C4D67CDD"><enum>(4)</enum><text>Many elderly and
disabled individuals, including those in hospitals and nursing homes, were
physically incapable of leaving on their own.</text>
</paragraph><paragraph id="idA7DE4DD9CAA04C598ADD7255F2685148"><enum>(5)</enum><text>In St. Bernard
Parish, Louisiana, an estimated 34 of 60 residents in the St. Rita nursing home
perished in the rising flood waters in the aftermath of Hurricane
Katrina.</text>
</paragraph><paragraph id="id3C0A84D64A484AEA8ABFEF0FE0876288"><enum>(6)</enum><text>A more effective
predisaster and postdisaster plan for evacuation that addressed the
requirements of those with special needs, such as those without transportation
or those with physical disabilities, could have helped save lives.</text>
</paragraph></subsection><subsection id="id21A315D2300E4C97A2529357DF4F56E6"><enum>(b)</enum><header>Purpose</header><text>The
purpose of this title is to ensure the preparation of communities for future
natural, accidental, or deliberate disasters by ensuring that the States
prepare for the evacuation of individuals with special needs.</text>
</subsection></section><section id="id5328F3521F8348EDA5C3E5E34A74DA09"><enum>302.</enum><header>Evacuation
plans for individuals with special needs</header><text display-inline="no-display-inline">The Secretary of Homeland Security, acting
through the Office of State and Local Government Coordination and Preparedness,
shall take appropriate actions to ensure that each State, in its homeland
security strategy or other homeland security plan, provides detailed and
comprehensive information regarding its predisaster and postdisaster plans for
the evacuation of individuals with special needs, including low-income
individuals and families, disabled individuals, the homeless, individuals who
do not speak English, and the elderly, in an emergency that would warrant their
evacuation, including plans for the provision of food, water, and shelter for
evacuees.</text>
</section><section id="id0F82B416ADE6433E85F21EF56D7000FA"><enum>303.</enum><header>Report to
Congress</header>
<subsection id="idBEC05418AC7948358D1A3D36B635C25A"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Not later than 1 year
after the date of enactment of this Act, the Secretary of Homeland Security
shall submit to Congress a report setting forth the plans of the States to
evacuate individuals with special needs in an emergency that would warrant
their evacuation.</text>
</subsection><subsection id="id0ADCBAE4F7734F4F9BCCBF3DB634647D"><enum>(b)</enum><header>Contents</header><text display-inline="yes-display-inline">The report submitted under subsection (a)
shall include a discussion of—</text>
<paragraph id="id71757A7D5DA04695A36508B49BEBB3E9"><enum>(1)</enum><text>whether the
States have the resources necessary to implement fully their evacuation plans;
and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id47CC491C2AB749469ACD1B7ECD4D68DA"><enum>(2)</enum><text>the manner in
which the plans of the States are integrated with the response plans of the
Federal Government for an emergency that would require the evacuation of
individuals with special needs.</text>
</paragraph></subsection></section><enum>IV</enum><header>Hurricane
Katrina emergency health workforce</header>
<section id="IDbcb7a688151a41628bd9c58c136d813a"><enum>401.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text>
<paragraph id="ID1f8f43a3dc484bd98586ec901ac040a2"><enum>(1)</enum><header>Corps</header><text>The
term <term>Corps</term> means the National Emergency Health Professionals
Volunteer Corps established under section 402.</text>
</paragraph><paragraph id="ID4bdf7117d36d4397ab30d82f3553a678"><enum>(2)</enum><header>FEMA</header><text>The
term <term>FEMA</term> means the Federal Emergency Management Agency of the
Emergency Preparedness and Response Directorate of the Department of Homeland
Security.</text>
</paragraph><paragraph id="IDd959e75390df4df9bf9dd1dbf8d98d9e"><enum>(3)</enum><header>Health
professional</header><text>The term <term>health professional</term> means a
physician, nurse, mental health provider, paramedic, pharmacist, public health
practitioner, veterinarian, epidemiologist, statistician, laboratorian,
infectious disease specialist, or other individual provider of health-related
services, as designated by the Secretary.</text>
</paragraph><paragraph id="ID6d12cf3ef0c746c6b8a098fcda7288c3"><enum>(4)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Health and Human
Services.</text>
</paragraph></section><section id="ID223bdab55d6a4353b79f2a9e320d8ac1"><enum>402.</enum><header>National
emergency health professionals volunteer corps</header>
<subsection id="ID24271aafc5cf411686ee547c5fc86646"><enum>(a)</enum><header>In
general</header><text>Not later than 6 months after the date of enactment of
this Act, the Secretary shall establish a National Emergency Health
Professionals Volunteer Corps to provide for an adequate supply of health
professionals in the case of a Federal, State, or local emergency. The Corps
shall be headed by a Director to be appointed by the Secretary.</text>
</subsection><subsection id="ID849c46d7282748f3a41c7b474256ba36"><enum>(b)</enum><header>Duties</header><text>The
Director of the Corps shall conduct the following activities:</text>
<paragraph id="ID3032ab1583dc457d89407af43ceadae0"><enum>(1)</enum><text>Analysis of need
to determine the number and types of Corps volunteers necessary.</text>
</paragraph><paragraph id="ID89d3e6bf147f4e2286a6f94a785a9a2a"><enum>(2)</enum><text>Determination of
minimum licensing or credentialing standards for each type of Corps
volunteers.</text>
</paragraph><paragraph id="IDcb320369555d43c68ce842a40999e6bb"><enum>(3)</enum><text>Recruitment and
retention of health professionals.</text>
</paragraph><paragraph id="IDb8d2d8be7b2647f4bbc589797191caf4"><enum>(4)</enum><text>Development of
the Corps volunteer certification program in accordance with subsection
(d).</text>
</paragraph><paragraph id="ID43c0be5a6ea24596acc5aada465c81c5"><enum>(5)</enum><text>Development of
training programs.</text>
</paragraph><paragraph id="ID2d73a4164a3847338970a79489a5a83d"><enum>(6)</enum><text>Development of
protocols for contact and deployment of Corps volunteers.</text>
</paragraph><paragraph id="ID7376a4bfe3184a4b95cdfa7ca9d7b007"><enum>(7)</enum><text>Coordination of
Corps volunteers with Medical Reserve Corps and other volunteer
networks.</text>
</paragraph></subsection><subsection id="ID730d1fd0bd8b4ef9a995421c6c07faaf"><enum>(c)</enum><header>Composition</header><text>The
Corps shall be composed of health professionals who—</text>
<paragraph id="ID1ccb918f819c46d296d79a68253b6733"><enum>(1)</enum><text>have training and
expertise in the areas of medicine, nursing, mental health, public health,
pharmacy, dentistry, emergency medical services, veterinary science, laboratory
science, and other areas as determined appropriate by the Director of the
Corps;</text>
</paragraph><paragraph id="ID53c55b1e977542e99a763e7084452b50"><enum>(2)</enum><text>have been
certified in accordance with the certification program developed under
subsection (b)(4);</text>
</paragraph><paragraph id="ID4ded4ed022ed44bbbc78c9b93dadfc08"><enum>(3)</enum><text>are
geographically diverse in residence; and</text>
</paragraph><paragraph id="ID92e0fbe49f4748869704e3cd0ea9d8be"><enum>(4)</enum><text>are willing to be
deployed in case of emergency.</text>
</paragraph></subsection><subsection id="IDa99353f08803439782ffd497ba04b680"><enum>(d)</enum><header>Certification</header><text>The
Director of the Corps, in collaboration with the Director of FEMA and the
Administrator of the Health Resources and Services Administration, shall
establish a program for the periodic certification of health professionals who
volunteer for the Corps which shall include, with respect to the health
professional involved, an assessment of—</text>
<paragraph id="IDf990530df9024047a1e856e5514bd9b3"><enum>(1)</enum><text>the professional
expertise and training of the professional, including licensure and
credentialing as appropriate;</text>
</paragraph><paragraph id="IDc2ad76f1ac41460fae57733d411be037"><enum>(2)</enum><text>the completion by
the professional of the training programs developed under subsection (b)(5), as
required by the Director; and</text>
</paragraph><paragraph id="ID3a48b2bffa7a4bbaae62a12d8d8e5453"><enum>(3)</enum><text>the preparedness
of the professional for emergency response which may include written
examination and hands-on skill assessment.</text>
</paragraph></subsection><subsection id="ID74280510884c4e7ab3128b9c81b54416"><enum>(e)</enum><header>Deployment</header>
<paragraph id="IDff9b5b0e951f43b59a061e810ddd7900"><enum>(1)</enum><header>In
general</header><text>During a Federal, State, or local emergency (as
designated by the Secretary or the Secretary of Homeland Security), the
Secretary, in consultation with the Secretary of Homeland Security, shall have
the authority to deploy members of the Corps to areas of need, based on the
medical expertise required.</text>
</paragraph><paragraph id="ID5ce52a9808be498dac404962ee3228c4"><enum>(2)</enum><header>Limitation</header><text>State
and local officials shall have no authority to deploy members of the Corps, but
may request the services of such members.</text>
</paragraph></subsection><subsection id="ID200f1b76468f44dfa0abd5cd973d17d4"><enum>(f)</enum><header>Compensation,
expenses, and transportation</header><text>While engaged in performing duties
as a member of the Corps pursuant to an assignment by the Secretary (including
periods of travel to facilitate such assignment), members of the Corps who are
not otherwise employed by the Federal Government shall be—</text>
<paragraph id="ID83cf5d79c8944b2aac600acec46566c5"><enum>(1)</enum><text>compensated for
temporary or intermittent services as experts or consultants as provided for
under section 3109 of title 5, United States Code; and</text>
</paragraph><paragraph id="IDbd387daa85384b9dbf3f9410a2b11eb4"><enum>(2)</enum><text>allowed travel or
transportation expenses, including per diem in lieu of subsistence, as provided
for under section 5703 of such title.</text>
</paragraph></subsection><subsection id="IDc5f4f7341eda48bb8c3af49f52bba57e"><enum>(g)</enum><header>Authorization
of appropriations</header><text>There is authorized to be appropriated such
sums as may be necessary to carry out this Act (and the amendments made by this
Act) for each of fiscal years 2006 through 2010.</text>
</subsection></section><section id="ID18015e1816dc4a258c60e644fd4e1589"><enum>403.</enum><header>Health
professional database</header>
<subsection id="ID13fee7c33b8b48559635ed7bcc67e275"><enum>(a)</enum><header>Establishment</header><text>Not
later than 12 months after the date of enactment of this Act, the Director of
the Centers for Disease Control and Prevention (referred to in this section as
the <quote>Director</quote>), in collaboration with the Administrator of the
Health Resources and Services Administration, State medical and nursing
licensing boards, medical and nursing professional societies, and other
relevant entities, shall establish a national database of health professionals
(including physicians, nurses, and other health professionals determined
appropriate by the Director) to increase health preparedness for Federal
emergencies.</text>
</subsection><subsection id="IDa0ecae1aecee4261ad217245566b70d4"><enum>(b)</enum><header>Requirements of
database</header><text>The database established under subsection (a) shall
include—</text>
<paragraph id="ID3282d352949c4f3ca4545af024e60df4"><enum>(1)</enum><text>with respect to
each health professional listed in the database—</text>
<subparagraph id="IDca0163211a544b6aaba1aea6a8e1b6a7"><enum>(A)</enum><text>the name and
contact information of the professional;</text>
</subparagraph><subparagraph id="ID75ca29a4800b4d218c64d6a646a06426"><enum>(B)</enum><text>the State or
States in which the professional is licensed or certified;</text>
</subparagraph><subparagraph id="IDe6f0fb150f154ba1b1bb31bcc8960e7b"><enum>(C)</enum><text>the area or areas
in which the professional has specialty or subspecialty training; and</text>
</subparagraph><subparagraph id="IDb653b35a0b3144b0a35b5dcf99c85418"><enum>(D)</enum><text>a description of
the emergency response training received by the professional; and</text>
</subparagraph></paragraph><paragraph id="IDe1b70d960a5a428ea457ccd16cf8047a"><enum>(2)</enum><text>the name of each
member of the Corps, the Medical Reserve Corps, the National Disaster Medical
System, the Commissioned Corps of the Public Health Services, and any other
relevant federally-sponsored or administered programs.</text>
</paragraph></subsection><subsection id="IDc2c13d3d06a646f6b7768d5c2d79f9a3"><enum>(c)</enum><header>Accessibility</header><text>The
Director shall ensure that the database established under subsection (a) is
electronically accessible by State and local health departments. In the case of
a disaster or other emergency that results in a loss of electrical power, the
Director shall ensure that the affected State or locality has access to the
database through other means.</text>
</subsection><subsection id="IDbeb6944c102d4e33b8167a7be4acb680"><enum>(d)</enum><header>Updating of
information</header><text>The Director shall, on at least a biennial basis,
provide for the updating of the information contained in the database.</text>
</subsection></section><section id="ID3b779b9fc174401ab59b0802a5a006ce"><enum>404.</enum><header>Protection of
health professional volunteers</header><text display-inline="no-display-inline">Section 4303(13) of title 38, United States
Code, is amended by adding at the end the following: <quote>Such term shall
include physicians or other health professionals (as defined in section 401 of
the Hurricane Katrina Recovery Act of 2006) who are providing medical treatment
or services related to a major disaster as declared by the President under the
authority of the Robert T. Stafford Disaster Relief and Emergency Assistance
Act (42 U.S.C. 5121 et seq.), including members of the National Emergency
Health Professionals Volunteer Corps, health professionals who are activated by
the Federal Emergency Management Agency, and other health professionals who
provide services on a volunteer basis in a formal capacity as determined by the
Secretary of Health and Human Services or the Secretary of Homeland Security.
The Secretary shall promulgate guidelines to implement the previous
sentence</quote>.</text>
</section><section id="IDa7f1f64f188542e4ab2c1be5312c18dd"><enum>405.</enum><header>Preparedness
training requirements</header>
<subsection id="ID57681bc246ad4012a23f345e2ab786f5"><enum>(a)</enum><header>Children's
hospitals that operate graduate medical education
programs</header><text>Section 340E of the Public Health Service Act (42 U.S.C.
256e) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idCCFC2DB7E25048C1906965BA954239AE" style="OLC">
<subsection id="IDc0b3bd87cc604b8f89e0904338d8c1cc"><enum>(h)</enum><header>Requirement
<enum-in-header>To</enum-in-header> provide disaster preparedness
training</header><text>To be eligible to receive a payment under this section,
a children's hospital shall provide disaster preparedness training as part of
any approved graduate medical residency training program provided by the
hospital.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID72644fad2df04a76acf832488e144ca8"><enum>(b)</enum><header>Medicare
graduate medical education programs</header>
<paragraph id="ID9289dea9d58d41669cc9b3108cb7cf7d"><enum>(1)</enum><header>In
general</header><text>Section 1886(h) of the Social Security Act (42 U.S.C.
1395ww(h)) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idCCC1296CFEB04CCC9E1F1E1DB05B1867" style="OLC">
<paragraph id="ID10bd532ec15b4ca790544aeb9ae2dc39"><enum>(8)</enum><header>Requirement for
disaster preparedness training</header><text>In order to be eligible to receive
a payment under this subsection, a hospital shall provide disaster preparedness
training as part of any approved medical residency training program provided by
the
hospital.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="IDbb062bfdd9f343f29f23813ddd5f07ec"><enum>(2)</enum><header>Effective
date</header><text>The amendment made by paragraph (1) shall take effect on
January 1, 2007.</text>
</paragraph></subsection></section><section id="IDc8775ae1aa0c469e9e8064fec5f555fa"><enum>406.</enum><header>Liability
protections</header><text display-inline="no-display-inline">Section 224 of the
Public Health Service Act (42 U.S.C. 233) is amended by adding at the end the
following:</text>
<quoted-block display-inline="no-display-inline" id="id201527F7BF05481FAC9A7BD662A40AA9" style="OLC">
<subsection id="ID35ea6a9cbdf84da0af5a156a7346b554"><enum>(q)</enum><header>Volunteer
services provided by health professionals during disasters</header>
<paragraph id="ID29539e35c0ef4de89a3e482086dcb4db"><enum>(1)</enum><header>In
general</header><text>Notwithstanding any other provision of law, for purposes
of this section, a volunteer health professional, in providing a qualifying
health service related to a major disaster as declared by the President under
the authority of the Robert T. Stafford Disaster Relief and Emergency
Assistance Act (42 U.S.C. 5121 et seq.), shall be deemed to be an employee of
the Public Health Service. The preceding sentence is subject to the provisions
of this subsection.</text>
</paragraph><paragraph id="IDdedf8b71f0cf4901828f85113c156f40"><enum>(2)</enum><header>Volunteer
health professional</header><text>In providing a qualifying health service to
an individual, a health professional shall for purposes of this subsection be
considered to be a volunteer health professional if the following conditions
are met:</text>
<subparagraph id="IDec933775bcb54dbbaa1c1d39babd2b85"><enum>(A)</enum><text>The service is
provided to the individual as a result of the occurrence of a major disaster as
declared by the President under the authority of the Robert T. Stafford
Disaster Relief and Emergency Assistance Act.</text>
</subparagraph><subparagraph id="ID0ec2e9a410ae44fdac980e9846c14a33"><enum>(B)</enum><text>The service is a
qualifying health service (as defined in paragraph (3)(B)).</text>
</subparagraph><subparagraph id="ID330ba6c999974dcbab80844cf4012390"><enum>(C)</enum><text>Neither the
health professional or any institution receives any compensation for the
service from the individual or from any third-party payor (including
reimbursement under any insurance policy or health plan, or under any Federal
or State health benefits program). With respect to compliance with such
condition, the health professional may receive repayment from a Federal or
State agency for reasonable expenses incurred by the health professional in the
provision of the service to the individual.</text>
</subparagraph></paragraph><paragraph id="ID6a950f012a2a4260b4fe7ed95686ae95"><enum>(3)</enum><header>Definitions</header>
<subparagraph id="ID00183423ef704b5e98a15cf8a2a3cd33"><enum>(A)</enum><header>Health
professional</header><text>In this subsection, the term <term>health
professional</term> means a physician, nurse, mental health provider,
pharmacist, paramedic, and other individual provider as designated by the
Secretary.</text>
</subparagraph><subparagraph id="ID81a6e175052a42ee811621d733d4c9a1"><enum>(B)</enum><header>Qualifying
health service</header><text>In this subsection, the term <term>qualifying
health service</term> means any medical assistance provided during, and as the
result of the occupancy of, a major disaster as declared by the President under
the authority of the Robert T. Stafford Disaster Relief and Emergency
Assistance Act.</text>
</subparagraph></paragraph><paragraph id="ID81d5721323ef44dd9ad926f202b0a3b6"><enum>(4)</enum><header>Application of
provisions</header><text>Subsection (g) (other than paragraphs (3) through (5))
and subsections (h), (i), and (l) shall apply to a volunteer health
professional for purposes of this subsection to the same extent and in the same
manner as such subsections apply to an officer, governing board member,
employee, or contractor of an entity described in subsection (g)(4), subject to
paragraph (5) and subject to the following:</text>
<subparagraph id="IDca916361e95f476091d4f73265e3fcee"><enum>(A)</enum><text>The first
sentence of paragraph (1) applies in lieu of the first sentence of subsection
(g)(1)(A).</text>
</subparagraph><subparagraph id="ID33da8b0f714445f783f897227be6fc7e"><enum>(B)</enum><text>In the case of a
health professional who is determined by the Secretary pursuant to subsection
(g)(1)(E) to be a volunteer health professional, this subsection applies to the
health professional (with respect to the institution or facility sponsoring the
health professional for any cause of action arising from an act or omission of
the health professional occurring on or after the date on which the Secretary
makes such determination and until the major disaster involved has
ended.</text>
</subparagraph><subparagraph id="IDe8b406ae90eb4720aa86670723e648cf"><enum>(C)</enum><text>Subsection
(g)(1)(F) applies to a health professional for purposes of this subsection only
to the extent that, in providing health services to an individual, each of the
conditions specified in paragraph (2) is met.</text>
</subparagraph></paragraph><paragraph id="ID10ab31dfea6c426588fba12c4053c3bc"><enum>(5)</enum><header>Authorization
of appropriations</header>
<subparagraph id="IDfed62985cdfe4577bbf27239abfffa97"><enum>(A)</enum><header>In
general</header><text>For purposes of making payments for judgments against the
United States (together with related fees and expenses of witnesses) pursuant
to this section arising from the acts or omissions of volunteer health
professionals, there is authorized such sums as may be necessary in each fiscal
year.</text>
</subparagraph><subparagraph id="ID276506b3e2e34b659c2cc7b7bfb7560f"><enum>(B)</enum><header>Fund</header><text>The
Secretary shall establish a fund for purposes of this subsection. Each fiscal
year amounts appropriated under subparagraph (A) shall be deposited in such
fund.</text>
</subparagraph><subparagraph id="ID5b1ac58b564148248dce6a7ffe7b494b"><enum>(C)</enum><header>Estimates</header><text>Not
later than May 1 of each fiscal year, the Attorney General, in consultation
with the Secretary, shall submit to the Congress a report providing an estimate
of the amount of claims (together with related fees and expenses of witnesses)
that, by reason of the acts or omissions of volunteer health professionals,
will be paid pursuant to this subsection during the calendar year that begins
in the following fiscal year. Subsection (k)(1)(B) applies to the estimate
under the preceding sentence regarding volunteer health professionals to the
same extent and in the same manner as such subsection applies to the estimate
under such subsection regarding officers, governing board members, employees,
and contractors of entities described in subsection (g)(4).</text>
</subparagraph><subparagraph id="ID56a8b8443bde49c383e6fb61e81b360a"><enum>(D)</enum><header>Transfers</header><text>Not
later than December 31 of each fiscal year, the Secretary shall transfer from
the fund under subparagraph (B) to the appropriate accounts in the Treasury an
amount equal to the estimate made under subparagraph (C) for the calendar year
beginning in such fiscal year, subject to the extent of amounts in the
fund.</text>
</subparagraph></paragraph><paragraph id="ID624924407c7e4ff28ce9407b6f7d209a"><enum>(6)</enum><header>Regulations</header><text>The
Secretary may issue regulations for carrying out this
subsection.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="ID4e3a5a85137c4dbe832190c4e8075d58"><enum>407.</enum><header>General waiver
authority</header><text display-inline="no-display-inline">Notwithstanding any
other provision of law, the Secretary and the Secretary of Homeland Security
shall have the authority to waive any requirement of Federal law applicable to
health professions if such requirement would limit the ability of health
professionals to provide volunteer medical services related to a major disaster
as declared by the President under the authority of the Robert T. Stafford
Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.).</text>
</section><enum>V</enum><header>Health
provisions</header>
<section id="ID2024f4475a3c48e3a42c8c393ee99680"><enum>501.</enum><header>Repair and
disparities grants</header>
<subsection id="ID9877abd7c54a46e7a65aa695c190bbee"><enum>(a)</enum><header>Construction
and repair grants</header><text>The Secretary of Health and Human Services
(referred to in this section as the <term>Secretary</term>) shall make grants
to public health facilities and loans to private health facilities, for the
purpose of constructing, modernizing, or repairing hospitals, clinics, health
centers, laboratories, and other health facilities in a Hurricane Katrina
disaster area damaged as a result of Hurricane Katrina to—</text>
<paragraph id="ID915121b0e34542e88d8722a9c9758f96"><enum>(1)</enum><text>construct
hospitals, clinics, health centers, laboratories, mental health and substance
abuse facilities that meet the standards of the Joint Commission on the
Accreditation of Healthcare Organizations (referred to in this title as
<term>JCAHO</term>);</text>
</paragraph><paragraph id="IDe32c756b4ed6479abb24f2f2d5c6390e"><enum>(2)</enum><text>repair or
modernize such public or private hospitals or public facilities as provide
health care or health related services; and</text>
</paragraph><paragraph id="ID404e8e7ebc57455d856936f40317769d"><enum>(3)</enum><text>bring hospitals
and public health facilities in compliance with such JCAHO standards and
requirements of the Centers for Medicare & Medicaid Services.</text>
</paragraph></subsection><subsection id="ID84525bc2adf14a04ac382a971ea1b940"><enum>(b)</enum><header>Health
disparity grants</header><text>The Secretary, acting through the Administrator
of the Health and Human Resources Administration and the Director of the Office
of Minority Health, and in consultation with the Director of the Office of
Community Services and the Director of the National Center for Minority Health
and Health Disparities, shall make grants to assist individuals, hospitals,
businesses, schools, minority health associations, nonprofit organizations,
community-based organizations, healthcare clinics, foundations, and other
entities in communities in a Hurricane Katrina disaster area and that
disproportionately experience disparities in health status and healthcare which
are seeking—</text>
<paragraph id="ID15c80a29a0fa438e8e494637ab4fa595"><enum>(1)</enum><text>to improve the
health of minority individuals in the community and to reduce disparities in
health status and healthcare by assisting individuals in accessing Federal
programs or by other means; and</text>
</paragraph><paragraph id="ID230adf89729144eebe5a4ee62c3d6f3c"><enum>(2)</enum><text>to coordinate the
efforts of governmental and private entities regarding the elimination of
racial and ethnic health status and healthcare.</text>
</paragraph></subsection><subsection id="ID8396ac257b644c53a53d3f8ad383ce2c"><enum>(c)</enum><header>Application</header>
<paragraph id="id88732591345740EB8C2A00256007586C"><enum>(1)</enum><header>In
general</header><text>To obtain a grant under this section, an applicant shall
submit to the Secretary an application in such form and in such manner as the
Secretary may require.</text>
</paragraph><paragraph id="idE83F4D675521447CB37516B8749C6981"><enum>(2)</enum><header>Construction
and repair grants</header><text>An application for a grant under subsection (a)
shall describe, with such specificity as the Secretary shall require, the
damage sustained as a result of Hurricane Katrina and the steps proposed to
address the damage.</text>
</paragraph><paragraph id="idC1B700148AC549238C4A84F83B71CEA9"><enum>(3)</enum><header>Health
disparity grants</header><text>An application for a grant under subsection (b)
shall demonstrate that the communities to be served are those that
disproportionately experience disparities in health status and healthcare and
shall set forth a strategic plan for reducing those disparities by—</text>
<subparagraph id="ID287bcc193426472c8d757fb0c6876e27"><enum>(A)</enum><text>describing the
coordinated health, economic, human, community, and physical development plan
and related activities proposed for the community;</text>
</subparagraph><subparagraph id="IDd93ea2aceec94d06a848fca15cbb5d48"><enum>(B)</enum><text>identifying the
projected amount of Federal, State, local and private resources that will be
available in the area and the private and public partnerships to be used
(including any participation by or cooperation with universities, colleges,
foundations, nonprofit organizations, medical centers, hospitals, health
clinics, school districts, or other private and public entities);</text>
</subparagraph><subparagraph id="ID3186e44f93a94225b0ae954cd9283485"><enum>(C)</enum><text>identifying the
funding requested under any Federal program in support of the proposed
activities;</text>
</subparagraph><subparagraph id="IDaa9a144c53e64bfa974c7659a2e08cb7"><enum>(D)</enum><text>identifying
benchmarks for measuring the success of carrying out the strategic plan;</text>
</subparagraph><subparagraph id="IDfea0812939114df5871d3b287c761135"><enum>(E)</enum><text>demonstrating the
ability to reach and service the targeted underserved minority community
populations in a culturally appropriate and linguistically responsive manner;
and</text>
</subparagraph><subparagraph id="IDbf9ef58b7b48434f9c613298358a7c19"><enum>(F)</enum><text>demonstrating a
capacity and infrastructure to provide long-term community response that is
culturally appropriate and linguistically responsive to communities that
disproportionately experience disparities in health and healthcare.</text>
</subparagraph></paragraph></subsection><subsection id="ID6eb134795a2c45e89c106bb0f47404be"><enum>(d)</enum><header>Definition</header><text>In
this section, the term <term>Hurricane Katrina disaster area</term> means an
area which the President has designated as a disaster area as a result of
Hurricane Katrina of August 2005.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDb5cbda5d1c994951acf1a21ff54ab56f"><enum>(e)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated to
carry out this section, such sums as may be necessary for fiscal years 2006
through 2010, not to exceed $500,000,000.</text>
</subsection></section><enum>VI</enum><header>Housing and
Community Rebuilding</header>
<section id="ID91d4cb3bd6ca49258194305c0c1d0a40"><enum>601.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title, the following definitions
shall apply:</text>
<paragraph id="IDbe6078d40b3640168b8ba60db88118c4"><enum>(1)</enum><header>Affected
family</header><text>The term <term>affected family</term> means a person or
household whose primary residence, as of August 28, 2005—</text>
<subparagraph id="id66739639869E49E6A304231A1068AFC8"><enum>(A)</enum><text>was located in an
area within which the President declared, under the Robert T. Stafford Disaster
Assistance and Emergency Relief Act, a major disaster to have occurred pursuant
to Hurricane Katrina; and</text>
</subparagraph><subparagraph id="id107917A8260C472BBBC27A73760EBE2E"><enum>(B)</enum><text>was, as a result
of Hurricane Katrina, destroyed or damaged to such an extent that the residence
is not habitable.</text>
</subparagraph></paragraph><paragraph id="ID27546b7cd0f44edd9c781e0365678be7"><enum>(2)</enum><header>Covered
property</header><text>The term <term>covered property</term> means any
property that—</text>
<subparagraph id="ID34cf2b01e2334fd386929c2eab43d54a"><enum>(A)</enum><text>is designed as a
dwelling for occupancy by 1 to 4 families;</text>
</subparagraph><subparagraph id="IDcb14a933520d4d40b01e3a89f868d38e"><enum>(B)</enum><text>was previously
subject to a mortgage insured under the National Housing Act (12 U.S.C. 1701 et
seq.); and</text>
</subparagraph><subparagraph id="ID64ab967bec074577bb291eb02074ef8a"><enum>(C)</enum><text>is owned by the
Secretary pursuant to the payment of insurance benefits under such Act.</text>
</subparagraph></paragraph><paragraph id="ID2490c2f84c4c4e588149b7bd12d6328a"><enum>(3)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Housing and Urban
Development.</text>
</paragraph></section><section id="IDac1c71f1e5b84623ad14d22e551a173a"><enum>602.</enum><header>Affordable
housing fund</header>
<subsection id="ID982b1eaceb174f93a20b4a60342d10f6"><enum>(a)</enum><header>In
general</header><text>Section 1337 of the Housing and Community Development Act
of 1992 (12 U.S.C. 4567) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="id7221B0BB7AFC417CA0C49EACACAE5F93" style="OLC">
<section id="ID7b6daae162134cc485afa0b52f298112"><enum>1337.</enum><header>Affordable
housing fund</header>
<subsection id="ID82546236bd6248379f4ce1667db3ae6e"><enum>(a)</enum><header>Establishment
and purpose</header>
<paragraph id="id70DECCA8BB8642B2ACBDF9095CD8EAB0"><enum>(1)</enum><header>In
general</header><text>Each enterprise shall establish and manage an affordable
housing fund in accordance with this section.</text>
</paragraph><paragraph id="id7A029BCD3157456E9BDBFE40A032BA92"><enum>(2)</enum><header>Purpose</header><text>The
purpose of each affordable housing fund established under paragraph (1) shall
be—</text>
<subparagraph id="ID3fc50d9064b94dba93c2768e51ede966"><enum>(A)</enum><text>to increase home
ownership for extremely low- and very low-income families;</text>
</subparagraph><subparagraph id="IDe266bedf7ec548c09b5bd48e9ecc1268"><enum>(B)</enum><text>to increase
investment in housing in—</text>
<clause id="idFC7367C38B71465BBEDF8F30399A09CC"><enum>(i)</enum><text>low-income areas,
and areas designated as qualified census tracts; or</text>
</clause><clause id="id75C031E44EA0457BA433F545E9824B86"><enum>(ii)</enum><text>an area of
chronic economic distress pursuant to section 143(j) of the Internal Revenue
Code of 1986 (26 U.S.C. 143(j));</text>
</clause></subparagraph><subparagraph id="IDd77dc488b5474c56b0d8c96d6e4a3b40"><enum>(C)</enum><text>to increase and
preserve the supply of rental and owner-occupied housing for extremely low- and
very low-income families; and</text>
</subparagraph><subparagraph id="ID9dd4bc5b816b4e3da6572f2dd63050a2"><enum>(D)</enum><text>to increase
investment in economic and community development in economically underserved
areas.</text>
</subparagraph></paragraph></subsection><subsection id="ID25f2d6eb03ee4dd3a3e5b3ffe7ef2ee0"><enum>(b)</enum><header>Allocation of
amounts by enterprises</header>
<paragraph id="IDa3853ddb7c8d44a9b3e6ccca29172894"><enum>(1)</enum><header>In
general</header><text>In accordance with regulations issued by the Director
under subsection (l), and subject to paragraph (2), each enterprise shall
allocate to the affordable housing fund of that enterprise—</text>
<subparagraph id="id2ECEDAD409E34A80B717D11E41E8178C"><enum>(A)</enum><text>in 2006, 3.5
percent of the after-tax income of that enterprise for 2005; and</text>
</subparagraph><subparagraph id="id3464AE3CAD1343A0BF4E7AD0A4C254A7"><enum>(B)</enum><text>in each year
after 2006, 5 percent of the after-tax income of that enterprise for the
preceding year.</text>
</subparagraph></paragraph><paragraph id="IDba7630c206434a16b7a305e8055e0f6f"><enum>(2)</enum><header>Limitation</header><text>An
enterprise shall not be required to make an allocation to the affordable
housing fund of that enterprise in any year unless—</text>
<subparagraph id="IDadc0a2a2b8c4446e87243d27e173d081"><enum>(A)</enum><text>that enterprise
is classified by the Director at the time of such allocation as adequately
capitalized; and</text>
</subparagraph><subparagraph id="ID0d27b552baf94ff29aa257ee4f001d8e"><enum>(B)</enum><text>that enterprise
generated after-tax income for the preceding year.</text>
</subparagraph></paragraph><paragraph id="IDf916bf875f1048819f03d9bc9f34cbdf"><enum>(3)</enum><header>Determination
of after-tax income</header><text>For purposes of this section, the term
<term>after-tax income</term> means, with respect to an enterprise in any year,
the amount reported by that enterprise for such year in the annual report of
that enterprise for such year that is filed with the Securities and Exchange
Commission, except that for any year in which no such filing is made by that
enterprise or such filing is not timely made, such term means the amount
determined by the Director based on the income tax return filings of that
enterprise.</text>
</paragraph></subsection><subsection id="ID93f7374d87474ab08c399a762ab1f602"><enum>(c)</enum><header>Selection of
Activities funded using affordable housing fund amounts</header><text>Amounts
from the affordable housing fund of the enterprise may be used, or committed
for use, only for activities that—</text>
<paragraph id="ID83251841a8eb4a129480bfbbc6467382"><enum>(1)</enum><text>are eligible
under subsection (d) for such use; and</text>
</paragraph><paragraph id="IDa31209c998d448e7b27e354bc02a4afa"><enum>(2)</enum><text>are selected for
funding by the enterprise in accordance with the process and criteria for such
selection established under subsection (l)(2)(C).</text>
</paragraph></subsection><subsection id="IDd7bfba27434f4a3faa725295228f78d0"><enum>(d)</enum><header>Eligible
Activities</header><text>Amounts from the affordable housing fund of an
enterprise shall be eligible for use, or for commitment for use, only for
assistance for—</text>
<paragraph id="IDce98214f985a43b786e5c968ad1b5a16"><enum>(1)</enum><text>the production,
preservation, and rehabilitation of rental housing, including housing under the
programs identified in section 1335(a)(2)(B), except that amounts provided from
any such affordable housing fund may be used for the benefit only of extremely
low- and very low-income families;</text>
</paragraph><paragraph id="ID868943bb885c47c78171d58c61f4fa20"><enum>(2)</enum><text>the production,
preservation, and rehabilitation of housing for home ownership, including such
forms as downpayment assistance, closing cost assistance, and assistance for
interest-rate buy-downs, that—</text>
<subparagraph id="ID31df37264d314d649b7ba732258e5fb6"><enum>(A)</enum><text>is available for
purchase only for use as a principal residence by families that qualify both
as—</text>
<clause id="IDffcc2e00a22d47efa653bcfbfb318b25"><enum>(i)</enum><text>extremely low-
and very-low income families at the times described in subparagraphs (A)
through (C) of section 215(b)(2) of the Cranston-Gonzalez National Affordable
Housing Act (42 U.S.C. 12745(b)(2)); and</text>
</clause><clause id="IDdc40e335d31148ad9aa8738b481ddd4e"><enum>(ii)</enum><text>first-time
homebuyers, as such term is defined in section 104 of the Cranston-Gonzalez
National Affordable Housing Act (42 U.S.C. 12704), except that any reference in
such section to assistance under title II of such Act shall for purposes of
this section be considered to refer to assistance from the affordable housing
fund of the enterprise;</text>
</clause></subparagraph><subparagraph id="IDd26163ea298c4ab5aa7976e6a99a3cd2"><enum>(B)</enum><text>has an initial
purchase price that meets the requirements of section 215(b)(1) of the
Cranston-Gonzalez National Affordable Housing Act; and</text>
</subparagraph><subparagraph id="ID062f098a61ca4031af0f20665f9fe6e1"><enum>(C)</enum><text>is subject to the
same resale restrictions established under section 215(b)(3) of the
Cranston-Gonzalez National Affordable Housing Act and applicable to the
participating jurisdiction that is the State in which such housing is located;
and</text>
</subparagraph></paragraph><paragraph id="ID8d0bd5286bc34e919ad260f4f11e8f34"><enum>(3)</enum><text>leveraged grants
under subsection (e).</text>
</paragraph></subsection><subsection id="ID629b65873d30436dbd0d7a494737be81"><enum>(e)</enum><header>Leveraged
grants</header>
<paragraph id="ID3b79bdcf8cad4e4bb6324041a6624bf4"><enum>(1)</enum><header>In
general</header><text>Pursuant to regulations issued by the Director, each
enterprise shall carry out a program under this subsection to make leveraged
grants from amounts in the affordable housing fund of that enterprise, subject
to the requirements under this subsection.</text>
</paragraph><paragraph id="ID8833fc5b4f8b4549864588c8a187f748"><enum>(2)</enum><header>Eligible
purposes</header><text>Amounts from the affordable housing fund of an
enterprise for a leveraged grant may be used only for—</text>
<subparagraph id="IDcc46a3d7f5c8476792db6b76635b3067"><enum>(A)</enum><text>the development,
preservation, rehabilitation, or purchase of affordable housing that meets
underserved needs for affordable housing;</text>
</subparagraph><subparagraph id="ID708c8770de12475c9cbb64b5928f6278"><enum>(B)</enum><text>community or
economic development activities in economically underserved areas; or</text>
</subparagraph><subparagraph id="ID1791f0a161804103b921699effd5b548"><enum>(C)</enum><text>a combination of
the activities identified in subparagraphs (A) and (B).</text>
</subparagraph></paragraph><paragraph id="IDed63fa1e2b004a958ceaa5af0df6397a"><enum>(3)</enum><header>Eligible
sponsors</header>
<subparagraph id="id3B7B5D07B6114515B5EA7275C1229BE6"><enum>(A)</enum><header>In
general</header><text>A leveraged grant under this subsection may be made only
on behalf of an eligible sponsor that meets such requirements as the Director
shall establish for experience and success in carrying out the types of
activities proposed under the application of such eligible sponsor.</text>
</subparagraph><subparagraph id="idD0D5AFDC6A9E4CA0A4EE085FE78340F0"><enum>(B)</enum><header>Definition</header><text>For
purposes of this section the term <quote>eligible sponsor</quote> includes the
following entities:</text>
<clause id="IDd94838a188ff48bb83654adc3c3fbef0"><enum>(i)</enum><text>A
low-income housing fund.</text>
</clause><clause id="ID49750d241d2246b18a30c19dd49f8487"><enum>(ii)</enum><text>A housing
finance agency of a State or unit of general local government.</text>
</clause><clause id="ID89c12d38ef3746af966fa4aba551a310"><enum>(iii)</enum><text>A nonprofit
organization having as one of its principal purposes the development or
management of affordable housing.</text>
</clause><clause id="ID46dafa3e4850469886c85711bed5abe2"><enum>(iv)</enum><text>A community
development financial institution.</text>
</clause><clause id="IDf41bc482dca344af9db5ea6506ab88d5"><enum>(v)</enum><text>A
national nonprofit housing intermediary.</text>
</clause><clause id="ID53cce83d762246e8a804daaf28195c2c"><enum>(vi)</enum><text>A community
development corporation.</text>
</clause><clause id="ID45debec531564198a9cdc1f6cf7c5c43"><enum>(vii)</enum><text>A community
development entity.</text>
</clause></subparagraph></paragraph><paragraph id="IDd7ef30a2795d4fc4a743581a3ea20cb7"><enum>(4)</enum><header>Eligible
uses</header><text>Amounts from the affordable housing fund of an enterprise
may be used under this subsection only for the following types of leveraged
grants:</text>
<subparagraph id="ID5e5cecb6e71049c0a15f9c450b810711"><enum>(A)</enum><text>To provide loan
loss reserves.</text>
</subparagraph><subparagraph id="ID62d217ae5b87489ea1d6e94e07cc1df4"><enum>(B)</enum><text>To capitalize a
revolving loan fund.</text>
</subparagraph><subparagraph id="IDa1f56e373d944cec82715ca7ae51e265"><enum>(C)</enum><text>To provide equity
capitalization of an affordable housing fund.</text>
</subparagraph><subparagraph id="IDc8536fd0c4f54eee9d6d32596a8124b7"><enum>(D)</enum><text>To provide equity
capitalization of a community development or economic development fund.</text>
</subparagraph><subparagraph id="ID4afdc687abe04dc4a5a4d7bb962000c5"><enum>(E)</enum><text>For risk-sharing
loans.</text>
</subparagraph><subparagraph id="IDd15256c2c8a9464aba21ab3443d06526"><enum>(F)</enum><text>For the funding
of a specific, detailed investment plan that identifies the specific types of
uses and the expected timeframes with respect to such uses.</text>
</subparagraph></paragraph><paragraph id="ID677091fb7753403f9fa1b95f82f44f70"><enum>(5)</enum><header>Applications</header>
<subparagraph id="idD97C6157D2124050A6094A03A1A91FFE"><enum>(A)</enum><header>In
general</header><text>The Director shall provide, in the application process
established under subsection (l)(2)(C), for an eligible sponsor under paragraph
(3), to submit an application to an enterprise for a leveraged grant under this
subsection.</text>
</subparagraph><subparagraph id="id0F74367C7D934A979508C173093A2CC8"><enum>(B)</enum><header>Content of
application</header><text>Each application required under subparagraph (A)
shall include a detailed description of—</text>
<clause id="ID67b90f930ee446c38516847c52dfce26"><enum>(i)</enum><text>the types of
affordable housing or community or economic development activities for which
the leveraged grant is made;</text>
</clause><clause id="IDa95fc719642747cf9fc760e31e1ad810"><enum>(ii)</enum><text>the type of
eligible leveraged grants under paragraph (4) to be made in the project;</text>
</clause><clause id="IDd365c25964224914b1701708aa5c9538"><enum>(iii)</enum><text>the types,
sources, and amounts of other funding for the project; and</text>
</clause><clause id="ID22d99cfc9c08486285f51d8887e4baf6"><enum>(iv)</enum><text>the expected
timeframe of the leveraged grant.</text>
</clause></subparagraph></paragraph><paragraph id="IDf1e26a6727894ab28032173ea6d78a0c"><enum>(6)</enum><header>Limitations</header><text>The
Director shall by regulation ensure that—</text>
<subparagraph id="IDaa5121f570454c4db694450376c2706b"><enum>(A)</enum><text>a leveraged grant
under this subsection is designed—</text>
<clause id="idEF919BAE9C8845B7A5EA85A3DE6139E7"><enum>(i)</enum><text>to alleviate the
need for affordable housing in underserved markets, as identified in section
1335(a) as having the greatest need for such housing; or</text>
</clause><clause id="idCEB6E1B9A2764D1ABF6C0F68A3EC89EF"><enum>(ii)</enum><text>to address
community and economic development needs in economically underserved areas
having the greatest need; and</text>
</clause></subparagraph><subparagraph id="IDb2eccbfd397347a2899295a34b3a5e00"><enum>(B)</enum><text>ensure that any
returns from a leveraged grant—</text>
<clause id="id09A1DC505D3440B8B7885C7B55341C7D"><enum>(i)</enum><text>accrue to the
affordable housing fund of the enterprise; and</text>
</clause><clause id="idE38DA42BE002459385A4A2AB1892C0A9"><enum>(ii)</enum><text>are available
for use only as provided under this section.</text>
</clause></subparagraph></paragraph></subsection><subsection id="id785653F9E9954E0EBB675567C09E4390"><enum>(f)</enum><header>Limitations on
use</header>
<paragraph id="IDcb82c33afc744600951f4fb8678def88"><enum>(1)</enum><header>Amounts for
home ownership</header><text>Of any amounts allocated pursuant to subsection
(b) in each year to the affordable housing fund of an enterprise, not less than
10 percent shall be used for activities under subsection (d)(2).</text>
</paragraph><paragraph id="IDb9f3a5a797a74c97a68b8ada4c1e8596"><enum>(2)</enum><header>Amounts for
leveraged grants</header><text>Of any amounts allocated pursuant to subsection
(b) in each year to the affordable housing fund of an enterprise, not more than
12.5 percent shall be used for leveraged grants under subsection (e).</text>
</paragraph><paragraph id="ID784129da845f4f67abbc8a0bd35adb02"><enum>(3)</enum><header>Deadline for
commitment or use</header><text>Any amounts allocated to the affordable housing
fund of an enterprise shall be used or committed for use within 2 years of the
date of such allocation.</text>
</paragraph><paragraph id="ID641da4f7fef74335a1f8d18c8462733f"><enum>(4)</enum><header>Use of
returns</header><text>Any return on investment of any amounts allocated
pursuant to subsection (b) to the affordable housing fund of an enterprise
shall be available for use by that enterprise only for eligible activities
under subsection (d).</text>
</paragraph><paragraph id="IDa03ddbdc3e62441ba02df957454f54a9"><enum>(5)</enum><header>Administrative
costs</header><text>The Director shall, by regulation—</text>
<subparagraph id="ID309ed276b9a74c44b5fd5b4c752dc48e"><enum>(A)</enum><text>provide that,
except as provided in subparagraph (B), amounts allocated to the affordable
housing fund of an enterprise may not be used for administrative, outreach, or
other costs of—</text>
<clause id="ID56345f55664f4c409f78360e68d47de3"><enum>(i)</enum><text>that enterprise;
or</text>
</clause><clause id="ID20b7fbedd30a45ef9bafa64e2d05c965"><enum>(ii)</enum><text>any recipient of
amounts from the affordable housing fund; and</text>
</clause></subparagraph><subparagraph id="IDf963a02943d84b5890ad41af860a00cb"><enum>(B)</enum><text>limit the amount
of any such contributions that may be used for administrative costs of that
enterprise of—</text>
<clause id="idBDF6176E1B144540A5AC656B0F40D865"><enum>(i)</enum><text>maintaining the
affordable housing fund of that enterprise; and</text>
</clause><clause id="id5F2D9DC3BC3645C7824B5D7C55CED749"><enum>(ii)</enum><text>carrying out the
program under this section.</text>
</clause></subparagraph></paragraph><paragraph id="ID4128d933c03a42398d3be32924953667"><enum>(6)</enum><header>Prohibition of
consideration of use for meeting housing goals</header>
<subparagraph id="id4AAA63136C0144198EEFFBD4465960BD"><enum>(A)</enum><header>In
general</header><text>In determining compliance with the housing goals under
this section, the Director may not consider amounts used under this section for
eligible activities under subsection (d).</text>
</subparagraph><subparagraph id="id2FCE099317B64793AED81525ED261E38"><enum>(B)</enum><header>Credit for
purchases of mortgages</header><text>The Director shall give credit toward the
achievement of the housing goals under this section to purchases of mortgages
for housing that receives funding under this section, but only to the extent
that such purchases are funded other than under this section.</text>
</subparagraph></paragraph><paragraph id="ID9d55b4b5ab884c21a2dc7e4860fd1b4f"><enum>(7)</enum><header>Prohibition of
certain subgrants</header><text>The Director shall, by regulation, ensure that
amounts from the affordable housing fund of an enterprise awarded under this
section to a national nonprofit housing intermediary are not used for the
purpose of distributing subgrants to other nonprofit entities.</text>
</paragraph></subsection><subsection id="ID225626c7a4414809912683803eb302be"><enum>(g)</enum><header>Consistency of
use with housing needs</header>
<paragraph id="IDfe4d79a91d5a4199a57e43609504a2ee"><enum>(1)</enum><header>Quarterly
reports</header>
<subparagraph id="idAAF1EB5E2CF845D08E8A7FDF54F1258C"><enum>(A)</enum><header>In
general</header><text>The Director shall require each enterprise to submit a
report, on a quarterly basis, to the Director and the affordable housing board
established under subsection (j) describing the activities funded under this
section during such quarter with amounts from the affordable housing fund of
the enterprise established under this section.</text>
</subparagraph><subparagraph id="id0665465CDED34D548571A16484087694"><enum>(B)</enum><header>Public
availability</header><text>The Director shall make each report submitted under
subparagraph (A) publicly available.</text>
</subparagraph><subparagraph id="idEF7F132B65BD4962A7A338EDEFDD14DF"><enum>(C)</enum><header>Review by
affordable housing board</header><text>The affordable housing board shall
review each report by an enterprise to determine the consistency of the
activities funded under this section with the criteria for selection of such
activities established under subsection (l)(2)(C).</text>
</subparagraph></paragraph><paragraph id="ID176263fab4d94d4f8473ea5f2b6df487"><enum>(2)</enum><header>Replenishment</header><text>If
the affordable housing board determines that an activity funded by an
enterprise with amounts from the affordable housing fund of that enterprise is
not consistent with the criteria established under subsection (l)(2)(C)—</text>
<subparagraph id="id2E371E53448644EE9FC9965CA62FDBEE"><enum>(A)</enum><text>the affordable
housing board shall notify the Director; and</text>
</subparagraph><subparagraph id="id884AADA544354E0DABD75EBC16DB4006"><enum>(B)</enum><text>the Director
shall require the enterprise to allocate to such affordable housing fund (in
addition to amounts allocated in compliance with subsection (b)) an amount
equal to the sum of the amounts from the affordable housing fund used and
further committed for use for such activity.</text>
</subparagraph></paragraph></subsection><subsection id="ID0ae3d9d8dca840b787cf1e813de77199"><enum>(h)</enum><header>Capital
requirements</header><text>The utilization or commitment of amounts from the
affordable housing fund of an enterprise shall not be subject to the risk-based
capital requirements established under section 1361(a).</text>
</subsection><subsection id="ID84bd5fe02d154878bd4bfd48f7af11a6"><enum>(i)</enum><header>Reporting
requirement</header><text>Each enterprise shall include, in the report required
under section 309(m) of the Federal National Mortgage Association Charter Act
or section 307(f) of the Federal Home Loan Mortgage Corporation Act, as
applicable, a description of the actions taken by the enterprise to utilize or
commit amounts allocated under this section to the affordable housing fund of
the enterprise established under this section.</text>
</subsection><subsection id="ID009a73b6d048404d981d566b53cb7db1"><enum>(j)</enum><header>Affordable
housing board</header>
<paragraph id="ID13736ee945cc4130a58ec16c0072b8ba"><enum>(1)</enum><header>Appointment</header>
<subparagraph id="id870D7D6C87754C73B16CA4841AB6B63D"><enum>(A)</enum><header>In
general</header><text>The Director shall appoint an affordable housing board of
7, 9, or 11 persons.</text>
</subparagraph><subparagraph id="id31D54778D8D04CC99E29C709E6768891"><enum>(B)</enum><header>Membership</header><text>The
affordable housing board established under this section shall include—</text>
<clause id="ID589b7d83218541d39f074b55f799685e"><enum>(i)</enum><text>the Director, or
the Director's designee;</text>
</clause><clause id="ID2ab412a62ec94258a7cc98a85335429d"><enum>(ii)</enum><text>the Secretary of
Housing and Urban Development, or the Secretary's designee;</text>
</clause><clause id="IDd7cf434b955b47dcafd47e4eb1727d81"><enum>(iii)</enum><text>the Secretary
of Agriculture, or the Secretary's designee;</text>
</clause><clause id="IDb66957e890b540b5bef1e908bb51e563"><enum>(iv)</enum><text>2 persons from
for-profit organizations or businesses actively involved in providing or
promoting affordable housing for extremely low- and very low-income households;
and</text>
</clause><clause id="ID7ce9abfa4567424ba4264b8295e86be5"><enum>(v)</enum><text>2
persons from nonprofit organizations actively involved in providing or
promoting affordable housing for extremely low- and very low-income
households.</text>
</clause></subparagraph></paragraph><paragraph id="ID181c84bef16343679061798916496175"><enum>(2)</enum><header>Terms</header>
<subparagraph id="ID52e0cfc77c5c425298c665eee472db2a"><enum>(A)</enum><header>In
general</header><text>Except as provided in subparagraph (B), the term of each
member of the affordable housing board appointed under paragraph (1) (but not
including members appointed under clauses (i), (ii), and (iii)) shall be 3
years.</text>
</subparagraph><subparagraph id="ID7cfd55d41a5b4d4c8af0ffe51d10fcb4"><enum>(B)</enum><header>Initial
appointees</header>
<clause id="id9C7AECE72F134F2BB5F83F485701FCF9"><enum>(i)</enum><header>In
general</header><text>The Director shall appoint the initial members of the
affordable housing board not later than the expiration of the 60-day period
beginning on the date of the enactment of the Hurricane Katrina Recovery Act of
2006.</text>
</clause><clause id="id791A0C28AEE94BADBE616EBCE20DDBE8"><enum>(ii)</enum><header>Board
size</header><text>As designated by the Director at the time of appointment, of
the members of the affordable housing board first appointed under paragraph (1)
(but not including members appointed under clauses (i), (ii), and
(iii))—</text>
<subclause id="IDb4215b7e5a8149f390e56693e4cf5a3b"><enum>(I)</enum><text>in the case of a
board having 7 members—</text>
<item id="ID34607edf85764ca28306934b015153c4"><enum>(aa)</enum><text>1
shall be appointed for a term of 1 year; and</text>
</item><item id="IDb0ad8193d5704ef3b324f4b3ac4e1afc"><enum>(bb)</enum><text>1
shall be appointed for a term of 2 years;</text>
</item></subclause><subclause id="ID36c5b4f3d7e2486d80d01add17d12514"><enum>(II)</enum><text>in the case of a
board having 9 members—</text>
<item id="ID2bbe306225e64c2bb3b1c55c0efd6e32"><enum>(aa)</enum><text>2
shall be appointed for a term of 1 year; and</text>
</item><item id="IDb90b857baa384db595340bd7acb9f974"><enum>(bb)</enum><text>2
shall be appointed for a term of 2 years; and</text>
</item></subclause><subclause id="ID2d1bb1b1e2bf4e1a9967165b7da6e963"><enum>(III)</enum><text>in the case of
a board having 11 members—</text>
<item id="IDe842388448f44bb2a8a350649984ae17"><enum>(aa)</enum><text>2
shall be appointed for a term of 1 year; and</text>
</item><item id="ID916192c786734d0fb818b76bd128eebc"><enum>(bb)</enum><text>3
shall be appointed for a term of 2 years.</text>
</item></subclause></clause></subparagraph></paragraph><paragraph id="ID28ecad6ecda144c389a853a5e010644a"><enum>(3)</enum><header>Duties</header><text>The
affordable housing board shall meet not less than quarterly—</text>
<subparagraph id="ID904515c4b6fd485892690fd6c3bcdab6"><enum>(A)</enum><text>to determine
extremely low- and very low-income housing needs;</text>
</subparagraph><subparagraph id="ID9e6c576d9bd2422496b1a997e5f4708b"><enum>(B)</enum><text>to advise the
Director with respect to—</text>
<clause id="ID023663b759404b0b9f8819edbfa6b51e"><enum>(i)</enum><text>establishment of
the selection criteria under subsection (l)(2)(C) that provide for appropriate
use of amounts from an affordable housing fund of an enterprise to meet such
needs; and</text>
</clause><clause id="ID2ea5df8ffb874c43b0bd33941a2f3518"><enum>(ii)</enum><text>operation of,
and changes to, the program under this section appropriate to meet such needs;
and</text>
</clause></subparagraph><subparagraph id="ID77772ad6997a4921b22a59b098a03edb"><enum>(C)</enum><text>to review the
reports submitted by an enterprise under subsection (g)(1)—</text>
<clause id="id3F340B666A874059A9EE6495B148D176"><enum>(i)</enum><text>to determine
whether the activities funded using amounts from the affordable housing funds
of the enterprises comply with the regulations issued under subsection
(l)(2)(C); and</text>
</clause><clause id="idC79E210D588B4CDA9DB3679DFE1A29EA"><enum>(ii)</enum><text>to inform the
Director of such determinations, for purposes of subsection (g)(2).</text>
</clause></subparagraph></paragraph><paragraph id="IDfc525ee5beba4747ac7c47738c1439e5"><enum>(4)</enum><header>Expenses and
per diem</header><text>Members of the board shall receive travel expenses,
including per diem in lieu of subsistence, in accordance with sections 5702 and
5703 of title 5, United States Code.</text>
</paragraph><paragraph id="IDb2e354b039eb4feb98a41c293545fd47"><enum>(5)</enum><header>Advisory
committee</header><text>The board shall be considered an advisory committee for
purposes of the Federal Advisory Committee Act (5 U.S.C. App.).</text>
</paragraph><paragraph id="ID124229787b9748cf97abfaf25be0c167"><enum>(6)</enum><header>Duration</header><text>The
board shall have continued existence until terminated by law.</text>
</paragraph></subsection><subsection id="IDbb1e30ef35984dbb97a05caac0daf960"><enum>(k)</enum><header>Definition</header><text>For
purposes of this section, the term <term>economically underserved area</term>
means an area that predominantly includes census tracts for which—</text>
<paragraph id="IDde67ede2b9174e728b6ad0d6809a22d4"><enum>(1)</enum><text>at least 20
percent of the population is below the poverty line (as such term is defined in
section 673(2) of the Omnibus Budget Reconciliation Act of 1981 (42 U.S.C.
9902(2)), including any revision required by such section), applicable to a
family of the size involved; or</text>
</paragraph><paragraph id="ID283a56121496488ea51b96d5be30524b"><enum>(2)</enum><text>median family
income does not exceed the greater of—</text>
<subparagraph id="ID9bc8a4292117485d9f62935005bd96cf"><enum>(A)</enum><text>80 percent of the
median family income for the metropolitan statistical area in which such census
tracts are located; or</text>
</subparagraph><subparagraph id="IDb7f03de417de45a3b0d45e47985aff3d"><enum>(B)</enum><text>80 percent of the
median family income for the State in which such census tracts are
located.</text>
</subparagraph></paragraph></subsection><subsection id="ID4dd1100e1130486b9eb8d79292536774"><enum>(l)</enum><header>Regulations</header>
<paragraph id="IDa0ddabc29ce04f6080471a355a7d4faf"><enum>(1)</enum><header>In
general</header><text>The Director shall issue regulations to carry out this
section.</text>
</paragraph><paragraph id="ID9e4c2e836de44f069a85a4929f8f390c"><enum>(2)</enum><header>Required
contents</header><text>The regulations issued under this subsection shall
include—</text>
<subparagraph id="ID4ec452a0f67f49478da5e3161fa9da25"><enum>(A)</enum><text>authority for the
Director to audit, provide for an audit, or otherwise verify the activities of
an enterprise, to ensure compliance with this section;</text>
</subparagraph><subparagraph id="IDdc186ba66d8643759a5bf75cc16cc4ed"><enum>(B)</enum><text>a requirement
that the Director ensure that the affordable housing fund of each enterprise is
audited not less than annually to ensure compliance with this section;</text>
</subparagraph><subparagraph id="ID974313292fcd4c65bc5c5ef73fc42747"><enum>(C)</enum><text>requirements for
a process for application to, and selection by, an enterprise for activities to
be funded with amounts from the affordable housing fund of that enterprise,
which shall provide that—</text>
<clause id="IDbcc76994030847f69737b4418d08544d"><enum>(i)</enum><text>selection shall
based upon specific criteria, including a prioritization of funding based
upon—</text>
<subclause id="ID8ae7a7dd72ca417ea30098ff384d3e05"><enum>(I)</enum><text>greatest
impact;</text>
</subclause><subclause id="IDbe13b0cf62104ce3baf9b7f4e6affdf8"><enum>(II)</enum><text>geographic
diversity;</text>
</subclause><subclause id="ID7d36a6a9ed5c4c998ecc5ee5486fcb20"><enum>(III)</enum><text>ability to
obligate amounts and undertake activities so funded in a timely manner;</text>
</subclause><subclause id="ID8510fccc526d4be8a39f1ca9e50dd1ab"><enum>(IV)</enum><text>in the case of
rental housing projects under subsection (d)(1), the extent to which rents for
units in the project funded are affordable, especially for extremely low-income
families; and</text>
</subclause><subclause id="IDe691f49914334e5892216b4adb69aa91"><enum>(V)</enum><text>in the case of
rental housing projects under subsection (d)(1), the extent of the duration for
which such rents will remain affordable; and</text>
</subclause></clause><clause id="ID0f2812aa3a90409ebda662c7da6cf9bc"><enum>(ii)</enum><text>an enterprise
may not—</text>
<subclause id="id63ECBE950ACC48ADBB6939CC9B1099FE"><enum>(I)</enum><text>require for such
selection that an activity involve financing or underwriting of any kind by the
enterprise (other than funding through the affordable housing fund of the
enterprise); and</text>
</subclause><subclause id="id4A1A1F608DC84BC3963BFD50B406D721"><enum>(II)</enum><text>give preference
in such selection to activities that involve such financing; and</text>
</subclause></clause></subparagraph><subparagraph id="IDe6f1edf69b374faeb023e75ba12662d8"><enum>(D)</enum><text>requirements to
ensure that amounts from the affordable housing fund of an enterprise used for
rental housing under subsection (d)(1) are used only for the benefit of
extremely low- and very-low income families.</text>
</subparagraph></paragraph><paragraph id="ID501880f6264a407fac2656020dd2bc81"><enum>(3)</enum><header>Limitation</header><text>Any
regulations issued by the Director pursuant to this section shall be no more
restrictive on the activities of the enterprise in connection with the
allocation of after-tax income under this section than the regulations issued
to implement the Affordable Housing Program of the Federal Home Loan Banks
pursuant to section 10(j) of the Federal Home Loan Bank Act (12 U.S.C.
1430(j)).</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="id6193D2072FBC44749A8DFC5F86220891"><enum>(b)</enum><header>Conforming
amendment</header><text>The Housing and Community Development Act of 1992 (12
U.S.C. 4562 et seq.) is amended by striking section 1338.</text>
</subsection></section><section id="ID1618408e54754da0add61f5c39465b31"><enum>603.</enum><header>Public housing
capital fund reserves for emergencies and natural disasters</header>
<subsection id="IDe71b195149d9480a9236086814611113"><enum>(a)</enum><header>Availability of
funds set-aside in previous years</header><text>Notwithstanding any other
provision of law, any amounts set-aside in fiscal years 2003, 2004, and 2005,
for use under section 9(k) of the United States Housing Act of 1937 (42 U.S.C.
1437g(k)) and remaining unobligated on the date of the enactment of this Act
shall be available for use under such section (not including paragraph (4) of
such section) for emergencies and other disasters occurring in fiscal year
2005, and shall remain available until expended.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDd86808f41bd543bf948a48fecab815fe"><enum>(b)</enum><header>Authorization
of appropriations</header>
<paragraph commented="no" display-inline="no-display-inline" id="idCE9230582CC044929E6409737F0CC9BC"><enum>(1)</enum><header>In
general</header><text>In addition to any other amounts authorized to be
appropriated under any other provision of law, there is authorized to be
appropriated for fiscal year 2006, for use under section 9(k) of the United
States Housing Act of 1937 (42 U.S.C. 1437g(k)), $100,000,000, to remain
available until expended.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id58C27DE0784E4E7F9BC2F4B40D644836"><enum>(2)</enum><header>Limitation on
use</header><text>Any amounts made available under paragraph (1) shall be used
only for activities conducted in any area for which the President declared a
major disaster or emergency under title IV of the Robert T. Stafford Disaster
Relief and Emergency Assistance Act in connection with Hurricane
Katrina.</text>
</paragraph></subsection></section><section id="id90BAAC5B04984A33AAEA0B37C163EEFD"><enum>604.</enum><header>Community
Development Block Grant assistance</header>
<subsection id="IDe9517b7a218348a0910650ecc19c659a"><enum>(a)</enum><header>Authorization
of appropriations</header><text>In addition to any other amounts authorized to
be appropriated under any other provision of law, there is authorized to be
appropriated for fiscal year 2006, for activities authorized under title I of
the Housing and Community Development Act of 1974 (42 U.S.C. 5301 et seq.),
$250,000,000, to remain available until expended.</text>
</subsection><subsection id="IDb760e8e3b84c47339dfddf68c09e7942"><enum>(b)</enum><header>Limitation on
use</header>
<paragraph id="ID0ef8ae23c5504e97bc67c459a6765075"><enum>(1)</enum><header>In
general</header><text>Any amounts made available under subsection (a) shall be
used only for disaster relief, long-term recovery, and mitigation in
communities in any area for which the President declared a major disaster or
emergency under title IV of the Robert T. Stafford Disaster Relief and
Emergency Assistance Act in connection with Hurricane Katrina, except those
activities reimbursable by the Federal Emergency Management Agency or available
through the Small Business Administration.</text>
</paragraph><paragraph id="IDd5f1c26b8b924722acaf53805a5e0a48"><enum>(2)</enum><header>Projects in
progress</header><text>In the case of any project or activity in an area
described in paragraph (1) that was underway before the Presidential
declaration with respect to such area, the project or activity may not be
provided any amounts made available under this section unless the disaster or
emergency for which such declaration was made, directly impacted the
project.</text>
</paragraph></subsection><subsection id="ID91be006eb21c47b4a6cf20982e05c4ab"><enum>(c)</enum><header>Allocation</header>
<paragraph id="idFCF12C2120CB4625B522536BDCED95C4"><enum>(1)</enum><header>In
general</header><text>Subject to subsection (d), any amounts made available
under subsection (a) shall be awarded by the Secretary to States (including
Indian tribes for all purposes under this section) to be administered by each
State in conjunction with its Community Development Block Grants
program.</text>
</paragraph><paragraph id="idA4C0710A0FBA4905BDFE072B1AED825D"><enum>(2)</enum><header>Entitlement
community eligibility</header><text>Notwithstanding paragraph (2) of section
106(d) of the Housing and Community Development Act of 1974 (42 U.S.C.
5306(d)), States may provide assistance with amounts made, available under this
section to entitlement communities.</text>
</paragraph></subsection><subsection id="IDd3a5ef2172d5497ab6adca57169a12a9"><enum>(d)</enum><header>Supplementation
requirement</header><text>Each State shall provide not less than 10 percent in
non-Federal public matching funds or its equivalent value (other than
administrative costs) for any funds allocated to that State under this
section.</text>
</subsection><subsection id="IDd29df56162544e5e8950f0d435aa151e"><enum>(e)</enum><header>Waiver</header>
<paragraph id="IDcc4314ead23f424393825494f0a6901a"><enum>(1)</enum><header>Authority of
Secretary</header>
<subparagraph id="id8940D39634494DF8BB4B2E35E404DC77"><enum>(A)</enum><header>In
general</header><text>In administering any amounts made available under this
section, the Secretary may waive, or specify alternative requirements for, any
provision of any statute or regulation that the Secretary administers in
connection with the obligation by the Secretary or the use by the recipient of
such amounts (except for requirements related to fair housing,
nondiscrimination, labor standards, and the environment), upon a finding that
such waiver is required to facilitate the use of such amounts, and would not be
inconsistent with the overall purpose of the statute.</text>
</subparagraph><subparagraph id="idA042B3E5C22245D7B0D49ADC35C08D98"><enum>(B)</enum><header>Activities
benefitting persons of low- and moderate-income</header><text>The Secretary may
waive any requirements that activities benefit persons of low- and
moderate-income, except that at least 50 percent of the amounts made available
under this section shall benefit primarily persons of low- and moderate-income
unless the Secretary makes a finding of compelling need.</text>
</subparagraph></paragraph><paragraph id="IDae4d3af43b1c4ffe9a47c59e2641d089"><enum>(2)</enum><header>Publication</header><text>The
Secretary shall publish in the Federal Register any waiver of any statute or
regulation authorized under this section not later than 5 days before the
effective date of such waiver.</text>
</paragraph></subsection></section><section id="IDc0d6200ffb3e48f7a2a8a44ef37d19a5"><enum>605.</enum><header>CDBG loan
guarantee program</header>
<subsection id="id9898CA5AE2B94BA2BC69E41B05278E2E"><enum>(a)</enum><header>Authorization
of appropriations</header><text display-inline="yes-display-inline">In addition
to any other amounts authorized to be appropriated under any other provision of
law, there is authorized to be appropriated for fiscal year 2006, for costs (as
such term is defined in section 502 of the Federal Credit Reform Act of 1990 (2
U.S.C. 661a) of guarantees under section 108 of the Housing and Community
Development Act of 1974 (42 U.S.C. 5308), $10,000,000, to remain available
until expended.</text>
</subsection><subsection id="idA0FDE0E2E87F44ADB33A0B5FF26C3377"><enum>(b)</enum><header>Limitation on
use</header><text display-inline="yes-display-inline">Any amounts made
available under subsection (a) shall be used only for guarantees for
obligations of an eligible public entity (as such term is defined in section
108(o) of the Housing and Community Development Act of 1974 (42 U.S.C.
5308(o))) for financing activities conducted in any area for which the
President declared a major disaster or emergency under title IV of the Robert
T. Stafford Disaster Relief and Emergency Assistance Act in connection with
Hurricane Katrina.</text>
</subsection></section><section id="ID33b689f9c2af42f5a499a76bd6ada4dc"><enum>606.</enum><header>Capacity
building for community development and affordable housing</header>
<subsection id="id51BA37357A9C4CF98C909473475B8DE5"><enum>(a)</enum><header>Authorization
of appropriations</header><text display-inline="yes-display-inline">In addition
to any other amounts authorized to be appropriated under any other provision of
law, there is authorized to be appropriated for fiscal year 2006, to carry out
part 4 of the HUD Demonstration Act of 1993 (42 U.S.C. 9814 et seq.),
$4,500,000, to remain available until expended.</text>
</subsection><subsection id="id2E25B38902834D15A45E45EF9F954B78"><enum>(b)</enum><header>Limitations on
use</header><text display-inline="yes-display-inline">Any amounts made
available under subsection (a) shall be used only for capacity-building
activities for community development corporations or community housing
development organizations undertaking community development or affordable
housing activities in any area for which the President declared a major
disaster or emergency under title IV of the Robert T. Stafford Disaster Relief
and Emergency Assistance Act in connection with Hurricane Katrina.</text>
</subsection></section><section id="IDf8a7910e5c974b8da7d53f7f205b16c7"><enum>607.</enum><header>Prohibition of
placement of families in substandard dwelling units</header><text display-inline="no-display-inline">Notwithstanding any other provision of law,
no financial assistance may be provided in any form by any agency of the
Federal Government to provide a temporary or permanent residence for an
affected family that—</text>
<paragraph id="idDEE2C60C7B4C44B6B008551E198BBF65"><enum>(1)</enum><text display-inline="yes-display-inline">is uninhabitable; or</text>
</paragraph><paragraph id="id6E59BDF378B9472BB4E285006B4CFD60"><enum>(2)</enum><text display-inline="yes-display-inline">that does not comply with the housing
quality standards established under section 8(o)(8)(B) of the United States
Housing Act of 1937 (42 U.S.C. 1437f(o)(8)(B)).</text>
</paragraph></section><section id="ID9021440fbdef43128d36bf6c931463b8"><enum>608.</enum><header>Fair housing
enforcement</header>
<subsection id="id44DF5735612D4398B7F325921C27B4D0"><enum>(a)</enum><header>Authorization
of appropriations</header><text display-inline="yes-display-inline">In addition
to any other amounts authorized to be appropriated under any other provision of
law, there is authorized to be appropriated for fiscal year 2006, $10,000,000
for activities under section 561 of the Housing and Community Development Act
of 1987 (42 U.S.C. 3616a).</text>
</subsection><subsection id="IDca6b620e2fad4cc9b1685a98b37955f3"><enum>(b)</enum><header>Limitations on
use</header><text>Any amounts made available under subsection (a) shall be used
for activities under section 561 of the Housing and Community Development Act
of 1987 (42 U.S.C. 3616a) carried out in—</text>
<paragraph id="id7AB42802F1C3460B8A342FBC08B4E482"><enum>(1)</enum><text>States affected
by Hurricane Katrina; or</text>
</paragraph><paragraph id="idD95A1F75CE9C4CBF8BA1A8212F5C7874"><enum>(2)</enum><text>States that the
Secretary determines have a substantial number of persons who relocated to such
State as a result of displacement caused by such Hurricane.</text>
</paragraph></subsection><subsection id="IDf20a16aa920146e6ac331a618691025a"><enum>(c)</enum><header>Eligible
activities</header><text>Amounts made available under subsection (a) may be
used by the Secretary for costs to the Department of Housing and Urban
Development of hiring and training individuals who are members of affected
families, or who are unemployed as a result of the elimination of a previous
employment position due to Hurricane Katrina, to serve in regional offices of
the Department located in States described in subsection (b) and conduct
activities under section 561 of the Housing and Community Development Act of
1987 (42 U.S.C. 3616a).</text>
</subsection></section><section id="ID47709c145ec440afbfd5964a1568ca68"><enum>609.</enum><header>Housing
counseling for families in temporary shelters</header>
<subsection id="idB8659B84A5AD4549A9F74F6E1B863E04"><enum>(a)</enum><header>Authorization
of appropriations</header><text display-inline="yes-display-inline">In addition
to any other amounts authorized to be appropriated under any other provision of
law, there is authorized to be appropriated for fiscal year 2006, $10,000,000
for assistance under section 106 of the Housing and Urban Development Act of
1968 (12 U.S.C. 1701x).</text>
</subsection><subsection id="ID5a68669149b2445eb48dfedb4c27fd61"><enum>(b)</enum><header>Limitation on
use</header><text>Any amounts made available under subsection (a) shall be used
for activities under section 106 of the Housing and Urban Development Act of
1968 (12 U.S.C. 1701x) to assist affected families living in temporary shelters
or other temporary housing situations to obtain a permanent residence.</text>
</subsection></section><section id="ID1df3a771275a4553910492d01a98ed30"><enum>610.</enum><header>Availability
of HUD inventory properties</header>
<subsection id="id352AD989395043DE83DE50985B13A655"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Notwithstanding any
other provision of law, the Secretary shall make covered properties available
for occupancy by affected families, as provided in this section.</text>
</subsection><subsection id="IDc4e016900f0c49989b2fb8b6674e0634"><enum>(b)</enum><header>Six-Month
reservation for use only by affected families</header>
<paragraph id="ID53fd8ff6a37b430586d8a546a3f37a40"><enum>(1)</enum><header>Requirement to
offer only to affected families</header><text>During the 6-month period
beginning on the date of the enactment of this Act, the Secretary may not
dispose of any covered property under any provision of law other than this Act
and may not offer, or enter into any agreement for disposition of, a covered
property under any other such provision.</text>
</paragraph><paragraph id="IDf919cad0c2564e3ca75d8285bef0ccbb"><enum>(2)</enum><header>Request and
occupancy</header><text>If, during the period referred to in paragraph (1), an
affected family makes a request in such form as the Secretary may require, to
occupy a covered property, the Secretary shall, in accordance with the
selection criteria established under subsection (d), make the covered property
available to that affected family for occupancy in accordance with the terms
under subsection (e).</text>
</paragraph></subsection><subsection id="ID0d23cc48bbf14f4f86079256700ca8a1"><enum>(c)</enum><header>Continued
availability</header>
<paragraph id="ID26028cdc0ead4c1cb430a9889a89a425"><enum>(1)</enum><header>Availability
for affected families</header><text>During the 18-month period that begins upon
the conclusion of the period under subsection (b)(1), the Secretary shall offer
each covered property for occupancy by affected families, but, except as
provided in paragraph (2), may—</text>
<subparagraph id="id3D8203F9E8984C96A9AD3E754E8C4D91"><enum>(A)</enum><text>dispose of
covered properties under other applicable provisions of law; and</text>
</subparagraph><subparagraph id="id0D26CFEBC9A8404D8B36A2D3D9820B4C"><enum>(B)</enum><text>offer and enter
into agreements for disposition of covered properties under such other
provisions.</text>
</subparagraph></paragraph><paragraph id="ID0249f7c918c840f5bd66b7c11e047b1c"><enum>(2)</enum><header>Request and
occupancy</header><text>If, during the period referred to in paragraph (1), an
affected family makes a request, in such form as the Secretary may require, to
occupy a covered property for which the Secretary has not entered into any
agreement for disposition under any other provision of law, the Secretary
shall, in accordance with the selection criteria established under subsection
(d), make the covered property available to that affected family for occupancy
in accordance with the terms under subsection (e).</text>
</paragraph></subsection><subsection id="ID68a2bc3514b043239e335cff1fb5c643"><enum>(d)</enum><header>Selection
criteria</header>
<paragraph id="id108ACE99F3E24F87913CFA7E57E1C0CA"><enum>(1)</enum><header>In
general</header><text>The Secretary shall establish criteria to select an
affected family to occupy a covered property for which more than 1 family has
submitted such a request.</text>
</paragraph><paragraph id="idB7E0592FEC8C4E7297B1ACC6FBDCDACE"><enum>(2)</enum><header>Preference</header><text>The
criteria established under paragraph (1) shall provide preference for affected
families having incomes not exceeding the median income for the area in which
the primary residence of that affected family was located.</text>
</paragraph></subsection><subsection id="IDca3a82d70eec47c283dc625939f85e8d"><enum>(e)</enum><header>Occupancy
terms</header>
<paragraph id="idA3C7C514CFF24660A2F7C894861B365F"><enum>(1)</enum><header>In
general</header><text>Occupancy in a covered property under this section shall
be subject to the following terms:</text>
<subparagraph id="ID64220445d1844ee59bfa95775446ec96"><enum>(A)</enum><header>Five years
rent-free</header><text>The affected family may reside in the property under
the terms of a lease (or renewable leases) which shall provide for rent-free
occupancy, but which in no case may extend beyond the expiration of the 5-year
period beginning upon initial occupancy of the property by that family.</text>
</subparagraph><subparagraph id="ID952a9f4cd6b14cd9bb97fe961d5cc8e5"><enum>(B)</enum><header>Option to
purchase</header><text>At any time during the occupancy of a covered property
by an affected family under subparagraph (A), such affected family may purchase
the property from the Secretary at price equal to the lesser of—</text>
<clause id="IDda4d6f04a36c4e568df5499ac8bbe832"><enum>(i)</enum><text>the
fair market value of the property as of the time of initial occupancy by such
family, as determined by the Secretary; or</text>
</clause><clause id="ID3bf1767efc624ce7a52bd8096129ca47"><enum>(ii)</enum><text>the fair market
value of the property as of the time of such purchase, as determined by the
Secretary, less the cost of any repairs or improvements made by the family
during occupancy of such property.</text>
</clause></subparagraph></paragraph><paragraph id="id0D672688C8A44AF18DF4C5715B8A27D3"><enum>(2)</enum><header>Notification</header><text>The
Secretary shall periodically inform each affected family occupying a covered
property of the availability of the property for purchase under this
subsection.</text>
</paragraph></subsection><subsection id="ID781d31003f31466ba93878435464601a"><enum>(f)</enum><header>Outreach</header><text>The
Secretary shall take such actions as may be appropriate to inform affected
families of the availability of covered properties under this section.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="ID391102cba6ae44fc96f8458ba943407f" section-type="subsequent-section"><enum>611.</enum><header>Equitable
distribution of affordable HOME program funds</header><text display-inline="no-display-inline">The Secretary shall take such actions as may
be appropriate to ensure that not less than 20 percent of the dwelling units
receiving funds under title II of the Cranston-Gonzalez National Affordable
Housing Act (42 U.S.C. 12701 et seq.) located in any area for which the
President declared a major disaster or emergency under title IV of the Robert
T. Stafford Disaster Relief and Emergency Assistance Act in connection with
Hurricane Katrina, shall be made affordable to households with incomes below
the poverty line, as such line is published in the Federal Register by the
Department of Health and Human Services under the authority of section 673(2)
of the Community Services Block Grant Act (42 U.S.C. 9902(2)).</text>
</section><enum>VII</enum><header>Financial
services provisions</header>
<section id="idCE86C1BDAF294D5EABF5A65B274A95E4"><enum>701.</enum><header>Definitions</header><text display-inline="no-display-inline">Except as otherwise specified, in this
title—</text>
<paragraph id="id7D98AD407D6D4FF1B9163D41809E892E"><enum>(1)</enum><text display-inline="yes-display-inline">the terms <term>appropriate Federal banking
agency</term> and <term>Federal banking agencies</term> have the same meanings
as in section 3 of the Federal Deposit Insurance Act;</text>
</paragraph><paragraph id="id8FDAB4694E5849E99364524E5021B389"><enum>(2)</enum><text>the term
<term>automated teller machine operator</term> has the same meaning as in
section 904 of the Electronic Fund Transfer Act;</text>
</paragraph><paragraph id="id604EC2AABD81467D9526DF92C276B5D8"><enum>(3)</enum><text>the term
<term>Board</term> means the Board of Governors of the Federal Reserve
System;</text>
</paragraph><paragraph id="id127CF816608B432D88EED5D0BA56BB01"><enum>(4)</enum><text>the term
<term>consumer adversely affected by Hurricane Katrina</term> means an
individual residing in, or whose business was located within, a qualified
disaster area on August 28, 2005, who was displaced or otherwise adversely
affected by Hurricane Katrina of 2005;</text>
</paragraph><paragraph id="idBA7575C3630844E9BF5A256DF6CEBDFF"><enum>(5)</enum><text>the terms
<term>creditor</term>has the same meaning as in section 103 of the Truth in
Lending Act;</text>
</paragraph><paragraph id="id7764164104CF4F9FAD55C958AED0DBA3"><enum>(6)</enum><text>the term
<term>insured credit union</term> has the same meaning as in section 101 of the
Federal Credit Union Act;</text>
</paragraph><paragraph id="idEAE382506E2347A984C5BCD6438486C4"><enum>(7)</enum><text>the term
<term>insured depository institution</term> has the same meaning as in section
3 of the Federal Deposit Insurance Act; and</text>
</paragraph><paragraph id="id9B27746FA5684C5786D1AC02A355808F"><enum>(8)</enum><text>the term
<term>qualified disaster area</term> means any area within Alabama, Louisiana,
or Mississippi in which the President, pursuant to section 401 of the Robert T.
Stafford Disaster Relief and Emergency Assistance Act, has determined, in
August 2005 that a major disaster exists due to Hurricane Katrina.</text>
</paragraph></section><section id="id9B8747BC50BD47ABBAC26BBFC8252437"><enum>702.</enum><header>Hurricane
Katrina regulatory relief</header>
<subsection id="ID60e66da3cd544138b93db819ab5197d8"><enum>(a)</enum><header>Written
guidance and forbearance policy</header><text>The Federal banking agencies and
the National Credit Union Administration shall—</text>
<paragraph id="ID66b991b277894c2e809c6214e72dc502"><enum>(1)</enum><text>provide written
guidance for insured depository institutions and insured credit unions in
implementing the voluntary actions described in subsection (b), and any other
permissible forbearance, to ensure that such insured depository institutions
are not negatively impacted by acting in accordance with the intention of
Congress; and</text>
</paragraph><paragraph id="IDf44ec6b8924b4a3d9db27f765490cd5b"><enum>(2)</enum><text>take such
forbearance policy into consideration as they examine or audit the financial
status of insured depository institutions and insured credit unions.</text>
</paragraph></subsection><subsection id="ID293db5a6d9de49aaba314bf5c09dbee2"><enum>(b)</enum><header>Voluntary
policy to provide relief for consumers affected by Hurricane
Katrina</header><text>It is the sense of Congress that—</text>
<paragraph id="ID1fd3c829e4d14759930667e243113bcb"><enum>(1)</enum><text>a voluntary
moratorium on the payment of both principal and interest, by those who are not
in a position to pay, on unsecured loans and other extensions of credit made or
extended, on or before August 28, 2005, including small business and consumer
loans, should be established by creditors for a 1-year period beginning on
August 28, 2005, with respect to any consumer adversely affected by Hurricane
Katrina;</text>
</paragraph><paragraph id="ID7e75d37d30e34d5ab0879621ddb12d17"><enum>(2)</enum><text>creditors should
refrain from negative reporting under the Fair Credit Reporting Act with
respect to any loans described in paragraph (1) to any consumer reporting
agency during the 1-year period described in that paragraph;</text>
</paragraph><paragraph id="ID384cb9bc7e7c4cba870f7f4b1b2c5768"><enum>(3)</enum><text>during the 1-year
period beginning on the date of enactment of this Act—</text>
<subparagraph id="ID9b7b9a25a6eb4164bf60b88130c9f768"><enum>(A)</enum><text>all automated
teller machine operators should waive any fees or surcharges for use of such
machines by any consumer adversely affected by Hurricane Katrina, and who is
not customers of such operators; and</text>
</subparagraph><subparagraph id="IDb00a57fc663a408180fbe0f0b302bc7d"><enum>(B)</enum><text>all insured
depository institutions and insured credit unions should waive any fees or
surcharges on any consumer adversely affected by Hurricane Katrina who is a
customer of any such insured depository institution or credit union for use by
the customers of automated teller machines that are not operated by the insured
depository institution or credit union;</text>
</subparagraph></paragraph><paragraph id="ID428f2970f2624ffc8a999699e0e2bbcc"><enum>(4)</enum><text>during the 1-year
period beginning on the date of enactment of this Act, it is vital that insured
insured depository institutions and insured credit unions continue to provide
financial services to consumers displaced or otherwise adversely affected by
Hurricane Katrina, which includes the cashing of Federal Government assistance
and benefit checks;</text>
</paragraph><paragraph id="ID403b0fc284114d04a8f0290614b97d00"><enum>(5)</enum><text>during the 1-year
period beginning on the date of enactment of this Act, insured depository
institutions and insured credit unions should voluntarily waive any limitation
on the availability of funds deposited by any consumer adversely affected by
Hurricane Katrina, in the form of insurance claim checks that is otherwise
authorized to be imposed under the Expedited Funds Availability Act; and</text>
</paragraph><paragraph id="ID17e74b76e69a486d82541ee05c340d0c"><enum>(6)</enum><text>all creditors
should waive any fees for late periodic payments on any outstanding balance in
any credit card account under an open end consumer credit plan (as such terms
are defined in the Truth in Lending Act) when a consumer adversely affected by
Hurricane Katrina proffers evidence that the late payment was due to—</text>
<subparagraph id="IDcaeb4c346dd34c0f856a500e3229116d"><enum>(A)</enum><text>an interruption
of mail with respect to the payment itself or the receipt by the consumer of a
billing statement due to Hurricane Katrina; or</text>
</subparagraph><subparagraph id="IDddfb00f014cb409799225544d0e8ea2f"><enum>(B)</enum><text>the inability of
the consumer to access funds on deposit in any insured depository institution
or insured credit union due to Hurricane Katrina.</text>
</subparagraph></paragraph></subsection></section><section id="ID43bf10379e754e43ba7a9cf11c2bcee5"><enum>703.</enum><header>Flexibility in
capital and net worth standards for small affected institutions</header>
<subsection id="id775309DB11B6487981955718010C052D"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Notwithstanding
section 38 of the Federal Deposit Insurance Act, section 216 of the Federal
Credit Union Act, or any other provision of Federal law, during the 5-year
period beginning on the date of enactment of this Act, the appropriate Federal
banking agency and the National Credit Union Administration may forbear from
taking any action required under any such section or provision, on a
case-by-case basis, with respect to any undercapitalized insured depository
institution or undercapitalized insured credit union that is not significantly
or critically undercapitalized, if such agency or Administration determines
that—</text>
<paragraph id="IDcb8cb4d0eda146f08031a3e3df826414"><enum>(1)</enum><text>the insured
depository institution or insured credit union maintains its principal place of
business within a qualified disaster area;</text>
</paragraph><paragraph id="ID50fc64fec48b40728aeb1f1ecbd0ac15"><enum>(2)</enum><text>the total assets
of the insured depository institution or insured credit union as of August 28,
2005, was less than $500,000,000;</text>
</paragraph><paragraph id="IDbec48beda9f2498d9b5c31774a948375"><enum>(3)</enum><text>the insured
depository institution or insured credit union derives more than 50 percent of
its total deposits from persons who normally reside within, or whose principal
place of business is normally within, a qualified disaster area;</text>
</paragraph><paragraph id="IDc9e293eb562d478a9060f567208806d6"><enum>(4)</enum><text>the insured
depository institution or insured credit union was adequately or well
capitalized as of August 28, 2005;</text>
</paragraph><paragraph id="ID83e49ee6a1814aa6b5826012e712b417"><enum>(5)</enum><text>the reduction in
the capital or net worth category of the insured depository institution or
insured credit union is a direct result of Hurricane Katrina; and</text>
</paragraph><paragraph id="ID58514fc3871b4255bc739eed1dfa9385"><enum>(6)</enum><text>forbearance from
any such action—</text>
<subparagraph id="ID30f82cef80be4733b0086a6ef9974b39"><enum>(A)</enum><text>would facilitate
the recovery of the insured depository institution or insured credit union from
the disaster, in accordance with a recovery plan or a capital or net worth
restoration plan established by such depository institution or credit union;
and</text>
</subparagraph><subparagraph id="ID77bdd31afdc4476aa4acbae5cce0a00d"><enum>(B)</enum><text>would be
consistent with safe and sound practices.</text>
</subparagraph></paragraph></subsection><subsection id="ID4139714539ab4ddfa369e8c51c53033a"><enum>(b)</enum><header>Capital and net
worth categories defined</header><text>For purposes of this section, the terms
relating to capital categories for insured depository institutions have the
same meaning as in section 38(b)(1) of the Federal Deposit Insurance Act and
the terms relating to net worth categories for insured credit unions have the
same meaning as in section 216(c)(1) of the Federal Credit Union Act.</text>
</subsection></section><section id="IDdbf3f955c67148d1ac198fb4ea07704a"><enum>704.</enum><header>Waiver of
certain limitation on certain bank investments to promote the public
welfare</header>
<subsection id="idC84F261F80684D329DA239E09132A5D7"><enum>(a)</enum><header>National
banks</header><text display-inline="yes-display-inline">Investments described
in the first sentence of the paragraph designated <quote>Eleventh</quote> of
section 5136 of the Revised Statutes of the United States (12 U.S.C. 24) that
are made by a national bank in a qualified disaster area shall not be taken
into account for purposes of any limitations contained in such paragraph on the
aggregate amount of such investments.</text>
</subsection><subsection id="ID25d1d4aed22e462a9ecb42137728c89c"><enum>(b)</enum><header>State
banks</header><text>Investments described in the first sentence of the 23rd
undesignated paragraph of section 9 of the Federal Reserve Act (12 U.S.C. 338)
that are made by a State member bank in a qualified disaster area shall not be
taken into account for purposes of any limitations contained in such paragraph
on the aggregate amount of such investments.</text>
</subsection></section><section id="ID82cfafb3133a46b4b6b5d69c58db9cf7"><enum>705.</enum><header>Emergency
authority to guarantee checks cashed for victims of Hurricane Katrina</header>
<subsection id="ID965faf5dd11b4dbeaadf94a553c0e25f"><enum>(a)</enum><header>FDIC</header>
<paragraph id="ID417129623f9e4222b0d59858064e2a37"><enum>(1)</enum><header>In
general</header><text>Subject to subsection (d), the Federal Deposit Insurance
Corporation (in this section referred to as the <quote>Corporation</quote>)
shall establish, in accordance with emergency guidance issued by the Board
under subsection (d)(1), an emergency program under which an insured depository
institution may obtain, subject to subsection (d)(2), a commitment from the
Corporation to indemnify the insured depository institution for any loss
suffered by the institution through cashing a check or share draft that—</text>
<subparagraph id="IDe01ae589d7ec43ca8044355a31422c4b"><enum>(A)</enum><text>is presented for
payment by any individual who, as of August 28, 2005, resided in a qualified
disaster area; and</text>
</subparagraph><subparagraph id="ID92771d2381a044b8a551bc0cc3ec12af"><enum>(B)</enum><text>is subsequently
uncollectible.</text>
</subparagraph></paragraph><paragraph id="id205433B44CE0400391E47E6533CD5A88"><enum>(2)</enum><header>Limitation</header><text>Payments
under paragraph (1) may not exceed $2,000 for each such check or share
draft.</text>
</paragraph><paragraph id="ID7a0eea67b57e44d7a21b1ea0f1763b32"><enum>(3)</enum><header>Source of funds
for payments</header><text>Any payments required to be made by the Corporation
pursuant to a commitment under paragraph (1) to an insured depository
institution shall be drawn from funds available for such purposes under
subsection (c).</text>
</paragraph></subsection><subsection id="IDe0786f44c1e54effa498ea8c0e343c7c"><enum>(b)</enum><header>NCUA</header>
<paragraph id="IDc5405d301b134abbb6bab70aae818e24"><enum>(1)</enum><header>In
general</header><text>Subject to subsection (d), the National Credit Union
Administration (in this section referred to as the
<quote>Administration</quote>) shall establish, in accordance with emergency
guidance issued by the Board under subsection (d)(1), an emergency program
under which an insured credit union may obtain, subject to subsection (d)(2), a
commitment from the Administration to indemnify the insured credit union for
any loss suffered by the credit union through cashing a share draft or check
that—</text>
<subparagraph id="ID68034015085e49d2a27fd167c79165db"><enum>(A)</enum><text>is presented for
payment by any individual who, as of August 28, 2005, resided in a qualified
disaster area; and</text>
</subparagraph><subparagraph id="ID613d1fea8095497bbad7a77470bdaebc"><enum>(B)</enum><text>is subsequently
uncollectible.</text>
</subparagraph></paragraph><paragraph id="id94B6E5F2274A4224A13F2BBEDC66A111"><enum>(2)</enum><header>Limitation</header><text>Payments
under paragraph (1) may not exceed $2,000 for each such check or share
draft.</text>
</paragraph><paragraph id="ID00d4e511d12441209e2f089f70d12b8f"><enum>(3)</enum><header>Source of funds
for payments</header><text>Any payments required to be made by the National
Credit Union Administration pursuant to a commitment under paragraph (1) to an
insured credit union shall be drawn from funds available for such purposes
under subsection (c).</text>
</paragraph><paragraph id="ID59b3d5be27434011ae02290c035917da"><enum>(4)</enum><header>Limited
extension of check cashing services</header><text>Notwithstanding any
limitation in section 107(12) of the Federal Credit Union Act with regard to
field of membership, an insured credit union may cash any check presented for
payment by any individual described in paragraph (1)(A).</text>
</paragraph></subsection><subsection id="ID8ba60b7470ba4d64a0b7c3b0217fe67d"><enum>(c)</enum><header>Reimbursement
From Federal Reserve surpluses</header><text>Section 7(b) of the Federal
Reserve Act (12 U.S.C. 289(b)) is amended by adding at the end the following
new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id9859242D38AC428A9DE934B812D91560" style="OLC">
<paragraph id="ID26b37d190cc24d2b8a76797dd67a61f4"><enum>(4)</enum><header>Additional
transfers to cover certain relief efforts resulting from Hurricane
Katrina</header>
<subparagraph id="IDcabdf24f45144e33b049d954246cbdeb"><enum>(A)</enum><header>In
general</header><text>Subject to subparagraph (C), from the surplus funds of
the Federal reserve banks maintained pursuant to subsection (a)(2), the Federal
reserve banks shall transfer to the Board for transfer to the Federal Deposit
Insurance Corporation and the National Credit Union Administration, such sums
as are necessary to meet any payments required under subsection (a)(1) or
(b)(1) of section 805 of the Hurricane Katrina Recovery Act of 2006. In the
event that the total amount of requests for indemnification received by the
Federal Deposit Insurance Corporation and the National Credit Union
Administration exceed the maximum amount specified under subparagraph (C), the
sums transferred to the Federal Deposit Insurance Corporation and the National
Credit Union Administration, respectively, shall be in proportion to the amount
of payments required under subsections (a)(1) and (b)(1) of section 805 of the
Hurricane Katrina Recovery Act of 2006, respectively.</text>
</subparagraph><subparagraph id="ID742ec903587442d88de9bf47bffb4adc"><enum>(B)</enum><header>Allocation by
Federal Reserve board</header><text>Of the total amount required to be paid by
the Federal reserve banks under this paragraph, the Board shall determine the
amount that each such bank shall pay.</text>
</subparagraph><subparagraph id="IDe00a145ab713424188b968181ec37de5"><enum>(C)</enum><header>Maximum
amount</header><text>The total amount transferred under subparagraph (A) from
all Federal reserve banks shall not exceed $200,000,000.</text>
</subparagraph><subparagraph id="IDf8a9e1d41ab94a73923da3454ea959fc"><enum>(D)</enum><header>Replenishment
of surplus fund prohibited</header><text>No Federal reserve bank may replenish
such bank's surplus fund by the amount of any transfer by such bank under
subparagraph
(A).</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID72e902fdd69342918d63443eec78c4ac"><enum>(d)</enum><header>Emergency
guidance and limitations</header>
<paragraph id="ID5556b8065c4b47aabece292e18c0dd99"><enum>(1)</enum><header>In
general</header><text>The Board, after consulting the Federal Deposit Insurance
Corporation and the National Credit Union Administration, shall, upon the date
of enactment of this Act, promptly issue appropriate guidance—</text>
<subparagraph id="IDfe37a84b04b8472ebcce1afae0e3c39e"><enum>(A)</enum><text>to carry out the
purposes of this section and administer the programs established in accordance
with this section;</text>
</subparagraph><subparagraph id="IDc5c3b203ffb44f40833ccc40cbb59984"><enum>(B)</enum><text>to reduce the
incidence of fraud and any other cause of loss to the greatest extent possible,
consistent with the purpose of this Act;</text>
</subparagraph><subparagraph id="ID6b2d8e8d069e431d87190e9d8ab97cfb"><enum>(C)</enum><text>to require
insured depository institutions and insured credit unions to exercise due
diligence in determining the eligibility of any check presented by any
individual for indemnification under this section, including such measures as
verification of Social Security identification numbers and other identifying
information, as the Board may determine to be practicable;</text>
</subparagraph><subparagraph id="IDe949027a8c49403793121298b1d8fa4a"><enum>(D)</enum><text>to provide
insured depository institutions and insured credit unions with reasonable
guidance, in light of the emergency circumstances presented by Hurricane
Katrina, so as to meet the requirements for indemnification under this section,
including the sharing of information on checks that have been presented for
indemnification; and</text>
</subparagraph><subparagraph id="ID05755290612d455794a6d3a277e68f8f"><enum>(E)</enum><text>notwithstanding
any other provision of Federal or State law, to provide for the right of the
Board, on behalf of the Federal reserve banks and through the Federal Deposit
Insurance Corporation and the National Credit Union Administration, to recover
from any insured depository institution or insured credit union the amount of
any indemnification paid to such depository institution or credit union with
respect to any check, to the extent of the amount so paid, if the insured
depository institution or insured credit union collects on the check.</text>
</subparagraph></paragraph><paragraph id="ID0be322300029441da7845cbc7ce9d67c"><enum>(2)</enum><header>Compliance with
guidance condition</header><text>The emergency guidance issued under paragraph
(1) shall require any insured depository institution or insured credit union
seeking a commitment under subsection (a)(1) or (b)(1) to demonstrate that the
institution or credit union is in compliance with the guidance in such manner
as the Board determines to be appropriate and practicable.</text>
</paragraph><paragraph id="ID02d8e08db1f24d2f88eca6da5a8da656"><enum>(3)</enum><header>Per individual
per institution limitation</header><text>No specific insured depository
institution or insured credit union may be indemnified for losses in excess of
$2,000 with respect to checks and share drafts presented by any 1
individual.</text>
</paragraph></subsection><subsection id="ID5c39b2ee1ecf4f7ab7ed87f5a0c569b4"><enum>(e)</enum><header>Rule of
construction</header><text>No provision of this section shall be construed as
affecting any right or obligation of an insured depository institution or
insured credit union to take any action against any person in connection with a
fraudulent check, a fraudulent negotiation of a check, or any other wrongful
act.</text>
</subsection><subsection id="ID700dc750e58a40f3a0412bc67c4650d7"><enum>(f)</enum><header>Effective
date</header>
<paragraph id="ID0e1a5a121e644737aaa461e17c3321cb"><enum>(1)</enum><header>In
general</header><text>Subject to paragraph (2), the provisions of this section
shall apply to checks or share drafts presented to an insured depository
institution or an insured credit union during the period beginning on August
28, 2005, and ending August 28, 2006.</text>
</paragraph><paragraph id="IDb745c43888954eda88bd5dc941e41e97"><enum>(2)</enum><header>Limited
extension</header><text>The period described in paragraph (2) may be extended
once for an additional 180 days, if—</text>
<subparagraph id="ID1ada0dbd12f14724a16ccf5e052d15d9"><enum>(A)</enum><text>the Board, after
consulting with the Federal Deposit Insurance Corporation and the National
Credit Union Administration, determines that the continuing impact of Hurricane
Katrina on financial intermediation between consumers and depository
institutions or credit unions, on payment networks, and on other forms of
communication require an extension of the programs established under this
section in order to continue to meet the immediate needs of victims of the
disaster; and</text>
</subparagraph><subparagraph id="ID845eaab70b034bcb91bff495641dc531"><enum>(B)</enum><text>notice of such
determination is published in the Federal Register at least 5 days before the
end of the period described in paragraph (1).</text>
</subparagraph></paragraph></subsection></section><section id="idEC243D68BE5D4BC9961DA0DF4092540C"><enum>706.</enum><header>Technical
assistance for minority institutions</header>
<subsection id="ID0b8ef6638e554a9180090952b39cb345"><enum>(a)</enum><header>Minority
depository institutions</header>
<paragraph id="IDd1a8a2907b9a4132907923570d75aed2"><enum>(1)</enum><header>In
general</header><text>The Federal Deposit Insurance Corporation and the
Director of the Office of Thrift Supervision shall provide such technical
assistance to minority financial institutions affected by Hurricane Katrina as
may be appropriate to preserve the safety and soundness of such financial
institutions, prevent the insolvency of such institutions, and enable the
institutions to recovery from the adverse financial impact of Hurricane Katrina
on the customers of the institutions, the assets of the institutions, and any
real or personal property securing such assets.</text>
</paragraph><paragraph id="ID775c0523721a4b8bb8bbf0abbf9df38c"><enum>(2)</enum><header>Minority
institution defined</header><text>For purposes of this subsection, the term
<quote>minority financial institution</quote> has the same meaning as in
section 308(b) of the Financial Institutions Reform, Recovery, and Enforcement
Act of 1989.</text>
</paragraph></subsection><subsection id="ID042d6bc5c9684b5d8af7e55d1ba0c7f1"><enum>(b)</enum><header>Minority credit
unions</header>
<paragraph id="ID5e14bfdf6e034b7ba70464494bf64723"><enum>(1)</enum><header>In
general</header><text>The National Credit Union Administration shall provide
such technical assistance to minority credit unions affected by Hurricane
Katrina as may be appropriate to preserve the safety and soundness of such
credit unions, prevent the insolvency of such credit unions, and enable the
credit unions to recovery from the adverse financial impact of Hurricane
Katrina on the customers of the credit unions, the assets of the credit unions,
and any real and personal property securing such assets.</text>
</paragraph><paragraph id="ID2e510e852db44815a184e2de2335b569"><enum>(2)</enum><header>Definitions</header><text>For
purposes of this subsection, the following definitions shall apply:</text>
<subparagraph id="ID4155df22ec134789b8eddb20340fc147"><enum>(A)</enum><header>Minority credit
union</header><text>The term <term>minority credit union</term> means an
insured credit union—</text>
<clause id="ID85ac2a69be9e426cb05e2e4967432ae9"><enum>(i)</enum><text>of
which a majority of the share draft account holders are predominately minority;
or</text>
</clause><clause id="ID186400a918784d0893fd3c2f4b1f76ee"><enum>(ii)</enum><text>in
the case of community development credit union, the community served by the
credit union is predominantly minority.</text>
</clause></subparagraph><subparagraph id="ID6f7e06472658400ba1639cd5b64067c7"><enum>(B)</enum><header>Minority</header><text>The
term <term>minority</term> has the same meaning as in section 308(b)(2) of the
Financial Institutions Reform, Recovery, and Enforcement Act of 1989.</text>
</subparagraph></paragraph></subsection></section><section id="ID9b4ab81bc3ee43cd9b246ca09198a891"><enum>707.</enum><header>Implementing
Katrina disaster relief through the CDFI Fund</header>
<subsection id="IDceb768e38129471582307f2803465006"><enum>(a)</enum><header>Authorization
of appropriations</header><text>In addition to amounts appropriated to the
Community Development Financial Institutions Fund (hereafter in this section
referred to as the <quote>Fund</quote>) for fiscal year 2006 to carry out the
purposes of the Community Development Banking and Financial Institutions Act of
1994, there are authorized to be appropriated to the Fund (which may be derived
by transfer from funds appropriated for <quote>Disaster Relief</quote> in
Public Law 109–62), such sums as may be necessary for fiscal year 2006 to carry
out such Act for the purposes of, and in the manner provided in, this
section.</text>
</subsection><subsection id="IDa06d333a736e41adad15da46fbcd7386"><enum>(b)</enum><header>Assistance
provided by the Fund for Hurricane Katrina assistance</header>
<paragraph id="ID9d60470ab92b40558506afffa1f3a372"><enum>(1)</enum><header>In
general</header><text>Amounts appropriated pursuant to the authorization under
subsection (a) shall be available to the Fund under the Community Development
Banking and Financial Institutions Act of 1994 for the purposes of such Act,
including technical and training assistance, awards under the Bank Enterprise
Act of 1991, equity investments, deposits, and other forms of financial
assistance to community development financial institutions, in accordance with
paragraph (2).</text>
</paragraph><paragraph id="ID1e94cc528b2046399809057fef348c73"><enum>(2)</enum><header>Adjustments to
criteria</header><text>In providing assistance under paragraph (1), the
Community Development Banking and Financial Institutions Act of 1994 shall be
applied with the following adjustments:</text>
<subparagraph id="IDb76e43be2dda454983605d38630218ef"><enum>(A)</enum><header>Designation of
assisted areas</header><text>Notwithstanding section 107(b) of the Community
Development Banking and Financial Institutions Act of 1994, the Fund shall
limit the selection of community development financial institution applicants
for assistance pursuant to this section to any financial institution
that—</text>
<clause id="IDd2b2ed35ada7456fb4f06d4c390de200"><enum>(i)</enum><text>is
located in a Hurricane Katrina affected area; or</text>
</clause><clause id="ID24e877b37d7c435983292608c7a46e06"><enum>(ii)</enum><text>demonstrates to
the satisfaction of the Fund that the financial institution has the ability to
provide capital, credit or financial services within the Hurricane Katrina
affected area.</text>
</clause></subparagraph><subparagraph id="ID4651194e53884499b7b296431f7d5e95"><enum>(B)</enum><header>Waiver of
matching requirements</header><text>In the case of an applicant with severe
constraints on available sources of matching funds, the Fund may reduce or
waive the matching requirements of section 108(e)(1) of the Community
Development Banking and Financial Institutions Act of 1994 for such applicant
for purposes of this subsection.</text>
</subparagraph><subparagraph id="ID1b2026828cb44a7580900f03af072e7f"><enum>(C)</enum><header>Waiver of
limitations on certain forms of assistance</header><text>The limitation
contained in section 113(c) of the Community Development Banking and Financial
Institutions Act of 1994 shall not apply to assistance provided under this
subsection in accordance with section 113 of such Act.</text>
</subparagraph><subparagraph id="ID91fe266db5b24c69ae3f82117ead1c76"><enum>(D)</enum><header>Application of
bank enterprise Act of 1991</header><text>In making assistance under this
subsection available in the manner provided in section 114 of the Community
Development Banking and Financial Institutions Act of 1994, the Bank Enterprise
Act of 1991 shall be applied under section 114(a)(2)—</text>
<clause id="IDcd4a40aec6a7415aa2d9a0e5d2fc9630"><enum>(i)</enum><text>by
substituting <quote>Hurricane Katrina affected area</quote>, as defined in
paragraph (3), for <quote>qualified distressed community</quote>; and</text>
</clause><clause id="IDc73acdd9396f4c84a165e474d59d2f0b"><enum>(ii)</enum><text>with respect to
lifeline accounts, by taking into account only lifeline accounts offered in an
Hurricane Katrina affected area.</text>
</clause></subparagraph></paragraph><paragraph id="ID911a1dd793a14b4abe8180f71220b384"><enum>(3)</enum><header>Hurricane
katrina affected area defined</header><text>For purposes of this section, the
term <term>Hurricane Katrina affected area</term> means any county (as defined
in section 2 of title 1, United States Code) that—</text>
<subparagraph id="ID2c42bf0d6e354420aeced91ecdaf3f3e"><enum>(A)</enum><text>is within an area
in which the President, pursuant to section 401 of the Robert T. Stafford
Disaster Relief and Emergency Assistance Act, has determined, in August 2005
that a major disaster exists due to Hurricane Katrina; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID40e7cfb378d84597a303af8e826e69fb"><enum>(B)</enum><text>has been
designated by the Federal Emergency Management Agency as an area in which
public assistance or individual assistance is available as a result of
Hurricane Katrina.</text>
</subparagraph></paragraph></subsection></section><enum>VIII</enum><header>Expanded
opportunity and small business provisions</header>
<section id="IDb34e2f324bbc4449bb03d90ce4fa3b28"><enum>801.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title—</text>
<paragraph id="id62FD1D51B220466AB9AE4210C10B37F8"><enum>(1)</enum><text display-inline="yes-display-inline">the term <term>Administrator</term> means
the Administrator of the Small Business Administration;</text>
</paragraph><paragraph id="ID15d09d8098314e4a93598ed0d450fead"><enum>(2)</enum><text>the term
<term>area affected by Hurricane Katrina</term> means a county (as that term is
defined in section 2 of title I, United States Code) in Alabama, Louisiana,
Mississippi, or Texas in which the President declared a major disaster under
section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance
Act (42 U.S.C. 5170) as a result of Hurricane Katrina;</text>
</paragraph><paragraph id="ID42ed19e51133482bacb7c1705b8f8b5b"><enum>(3)</enum><text>the term
<term>hurricane reconstruction contractor</term> means a person or entity
receiving Federal funds under the Robert T. Stafford Disaster Relief and
Emergency Assistance Act (42 U.S.C. 5121 et seq.), or party to a contract
funded under such Act, for repair or reconstruction in the area affected by
Hurricane Katrina;</text>
</paragraph><paragraph id="IDdcfca38c5db2417aa9316c98528ff9ff"><enum>(4)</enum><text>the term
<term>local business</term> means any business incorporated in or owned by a
person residing in the area affected by Hurricane Katrina;</text>
</paragraph><paragraph id="IDf90a3ec430df41b8b4a4282ae48f64ba"><enum>(5)</enum><text>the term
<term>local resident</term> means a person who had a permanent residence in the
area affected by Hurricane Katrina before August 28, 2005; and</text>
</paragraph><paragraph id="id06C25989759F4700A9230E27724E905A"><enum>(6)</enum><text>the terms
<term>small business concern</term> and <term>small business concern owned and
controlled by socially and economically disadvantaged individuals</term> have
the same meaning as in section 3 and 8 of the Small Business Act, respectively
(15 U.S.C. 632, 637).</text>
</paragraph></section><section id="id67B7E57A94EC4633AEAD04EF98F47507"><enum>802.</enum><header>Increased
procurement goal for certain Federal contracts for recovery from Hurricane
Katrina</header><text display-inline="no-display-inline">For purposes of
section 15(g)(1) of the Small Business Act (15 U.S.C. 644 (g)(1)), 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 shall be 15 percent.</text>
</section><section id="ID551eb57ab3b043c19cdf160612625081"><enum>803.</enum><header>Local
participation goal for participation in Federal procurement contracts in areas
affected by Hurricane Katrina</header>
<subsection id="id0EC5FCE616FA40AFBAC452BD5DDF77B5"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">There is established
a Government-wide goal for procurement contracts awarded to local businesses in
the area affected by Hurricane Katrina.</text>
</subsection><subsection id="idFFBF1F46F495474992C65BB95DA4DAE6"><enum>(b)</enum><header>Amount</header><text display-inline="yes-display-inline">For each of fiscal years 2006 and 2007, the
goal shall be 30 percent of the total value of all prime contract and
subcontract awards for such fiscal year.</text>
</subsection><subsection id="idEDDD9DF4E6DE40B8848BDC17888B05AC"><enum>(c)</enum><header>Administration</header><text display-inline="yes-display-inline">The goal established under this section
shall be administered by the Administrator in the same manner as the goals
established under section 15(g)(1) of the Small Business Act (15 U.S.C.
644(g)(1)).</text>
</subsection></section><section id="ID2b36b389e9824561b2ef4bc7242faf39"><enum>804.</enum><header>Hurricane
recovery-related contracts to require 40 percent of contract workers be local
residents</header><text display-inline="no-display-inline">Any contract awarded
after the date of the enactment of this Act by the Federal Government for
recovery or reconstruction activities to be carried out in the area affected by
Hurricane Katrina shall include a requirement that at least 40 percent of the
workers performing the work under the contract be local residents.</text>
</section><section id="ID8668bef2e59241eaa8c2125c844411da"><enum>805.</enum><header>Apprenticeship
and other requirements for post-hurricane reconstruction</header>
<subsection id="idBE47876980A64500B73C62481916A279"><enum>(a)</enum><header>Apprenticeship
programs</header><text display-inline="yes-display-inline">A hurricane
reconstruction contractor shall utilize an apprenticeship program certified
under subsection (b).</text>
</subsection><subsection id="ID783eb9de625e45648a9dc31bb6b841d2"><enum>(b)</enum><header>Certification</header><text>An
apprenticeship program may be certified by the Administrator under this section
if such program—</text>
<paragraph id="ID55e7090d4d324533bf32c6a6a14d7288"><enum>(1)</enum><text>is—</text>
<subparagraph id="id0C5C17A7993A40898FE668A03568034A"><enum>(A)</enum><text>certified by a
State employment services authority or other local authority that oversees
apprenticeship and job training programs; or</text>
</subparagraph><subparagraph id="ID37c6664483534b9c8aa8a51ae103cd0e"><enum>(B)</enum><text>registered with
the Bureau of Apprenticeship and Training of the Department of Labor under part
29 of chapter 1 of title 29, Code of Federal Regulations;</text>
</subparagraph></paragraph><paragraph id="id3508E2E1AC974615BE244AE81C0800F7"><enum>(2)</enum><text>includes a
preapprenticeship program that helps prepare individuals for the apprenticeship
program and for the basics tests necessary to become an apprentice.</text>
</paragraph></subsection></section><section id="idED4EA9E8F9794407953F316745059B14"><enum>806.</enum><header>Technical
Assistance Program for Small Business Owners’ Recovery</header>
<subsection id="id370D7C7474FB441F9632FC92ACD2FDD9"><enum>(a)</enum><header>Establishment</header><text display-inline="yes-display-inline">Not later than 30 days after the date of
enactment of this Act, the Department of Commerce shall establish a program for
qualified private or nonprofit sector entities to provide information and
technical assistance to small business concerns to meet management related
needs, including strategies for locating and hiring local residents as well as
implementing new business processes and shifting production to services or
goods in demand arising from the consequences of Hurricanes Katrina.</text>
</subsection><subsection id="idF50267F2F8CC47BAB921FD2A82151BB1"><enum>(b)</enum><header>Authorization
of appropriations</header><text display-inline="yes-display-inline">There are
authorized to be appropriated such sums as necessary to carry out this
section.</text>
</subsection></section><enum>IX</enum><header>Relief for
institutions of higher education</header>
<section id="id33C17C02CD194C709B5669C63950F92E"><enum>901.</enum><header>Findings;
sense of Congress</header>
<subsection id="ID88e96e0409ce46f6847648aec129d1ba"><enum>(a)</enum><header>Findings</header><text>Congress
finds the following:</text>
<paragraph id="ID5bf70570d12e40bc845998adcf19b9da"><enum>(1)</enum><text>Historically
Black Colleges and Universities (HBCUs) play an essential role in the education
of African-Americans, and in the fabric of the Gulf Coast region.</text>
</paragraph><paragraph id="ID26845ee993b94422924ecbf8b8cc4383"><enum>(2)</enum><text>Historically, 65
percent of all Black physicians, 50 percent of all Black engineers, and 35
percent of all Black lawyers have graduated from HBCUs.</text>
</paragraph><paragraph id="IDff59e48c41814a8ab8c107fc1434dc95"><enum>(3)</enum><text>Three
Historically Black Colleges and Universities in New Orleans, Dillard
University, Xavier University, and Southern University at New Orleans,
sustained over $600,000,000 in hurricane damage, lost $60,000,000 in revenues,
and were unable to conduct classes during the fall semester of 2005.</text>
</paragraph><paragraph id="IDab456aafce2b46d7a8ef90c45c12a641"><enum>(4)</enum><text>Months after the
devastation caused by the hurricanes, these 3 HBCUs have reopened, although
with reduced student enrollments, reduced faculty numbers, and often in
relocated settings.</text>
</paragraph><paragraph id="ID5fbaf34926ae42b7a22b1427408b7ed2"><enum>(5)</enum><text>Revitalizing
these institutions of higher education in the Gulf Coast region will be a vital
element in attracting middle and upper income families back to the Gulf Coast
region, and in ensuring sustained economic recovery for the region's lower
income families.</text>
</paragraph><paragraph id="IDc7d4c14219364be391b4393307b6f33d"><enum>(6)</enum><text>Revitalizing the
Gulf Coast economy will depend on providing a highly skilled workforce.</text>
</paragraph><paragraph id="IDc6a5ea96d9cd423b9cf433cbf8e6f7fb"><enum>(7)</enum><text>The return of
qualified academic professionals and administrators is a vital element in the
revitalization of affected institutions of higher education in the Gulf Coast
region.</text>
</paragraph><paragraph id="IDa8f5f385c8ef4125a6f834d0b8cff2a7"><enum>(8)</enum><text>Many of the
scientific, health, technology, and cultural industries of the Gulf Coast
region are dependent on local institutions of higher education.</text>
</paragraph></subsection><subsection id="IDd8f846a90e6c4a0e83fcd069138393d2"><enum>(b)</enum><header>Sense of
Congress</header><text>It is the sense of Congress that the assistance provided
under this title to revitalize Historically Black Colleges and Universities in
the Gulf Coast region is a first step toward revitalizing and restoring the
economic, social, and cultural prosperity of the entire Gulf Coast
region.</text>
</subsection></section><section id="IDb0f12f0f0666406389509cd9ad755d5a"><enum>902.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text>
<paragraph id="IDd9af0ab4c54a4858ae4852b6a0d48063"><enum>(1)</enum><header>Affected
institution</header><text>The term <term>affected institution</term> means a
campus of the 3 Historically Black Colleges and Universities in New Orleans,
Louisiana, of Xavier University, Dillard University, and Southern University at
New Orleans—</text>
<subparagraph id="ID83c97928aa724968905e0874c7673687"><enum>(A)</enum><text>located in an
area affected by a Hurricane Katrina disaster; and</text>
</subparagraph><subparagraph id="ID497ad69ca52545728e7deee7efc90ae8"><enum>(B)</enum><text>that was forced
to close, relocate, or significantly curtail its activities as a result of
damage directly sustained by a Hurricane Katrina disaster.</text>
</subparagraph></paragraph><paragraph id="ID05965e7712b14198b8decab24c8d9815"><enum>(2)</enum><header>Affected
State</header><text>The term <term>affected State</term> means the State of
Louisiana.</text>
</paragraph><paragraph id="IDdc310e0f0bb840f09ade531bd19ed1a4"><enum>(3)</enum><header>Area affected
by a Hurricane Katrina disaster</header><text>The term <term>area affected by a
Hurricane Katrina disaster</term> means a county or parish, in an affected
State, that has been designated by the Federal Emergency Management Agency for
disaster assistance for individuals and households as a result of Hurricane
Katrina.</text>
</paragraph><paragraph id="IDae7164976bc74368a769fed0ca2f0f1b"><enum>(4)</enum><header>Faculty</header><text>The
term <term>faculty</term> means academic professionals, administrators, and
staff employed by an affected institution as of August 28, 2005.</text>
</paragraph><paragraph id="IDad57cd98ee074775920d88deedef9188"><enum>(5)</enum><header>Hurricane
Katrina disaster</header><text>The term <term>Hurricane Katrina disaster</term>
means a major disaster that the President declared to exist, in accordance with
section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance
Act (42 U.S.C. 5170), and that was caused by Hurricane Katrina.</text>
</paragraph><paragraph id="id7A90319EC9684A508079448134D79055"><enum>(6)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Education.</text>
</paragraph></section><section id="ID98ef0f3504c948a9853f4bd86c812174"><enum>903.</enum><header>Institutional
grants for faculty retention</header>
<subsection id="ID49d6e2ff7ccc418c929b21cdcf9ff9e3"><enum>(a)</enum><header>Purpose</header><text>The
purpose of this section is to support affected institutions in their efforts to
revitalize their communities following Hurricane Katrina.</text>
</subsection><subsection id="ID720ee69b972946d593bfd1ee328d8d76"><enum>(b)</enum><header>Program
authorized</header>
<paragraph id="IDb5227606f71042e1a34d05d0afc39ead"><enum>(1)</enum><header>Authority</header><text>From
funds made available under subsection (f), the Secretary shall award grants to
each affected institution to assist the affected institutions in recruiting and
retaining students and retaining faculty. The Secretary shall award grants
under this section as soon as possible, but no later than 6 months after the
date of the enactment of this Act.</text>
</paragraph><paragraph id="IDa0e9fc0d7ce544929c746281dfa8b337"><enum>(2)</enum><header>Duration;
limitation</header><text>Each grant awarded to an affected institution under
this section shall be awarded for a period of 5 years, and may not be renewed.
An affected institution may not receive more than 1 grant under this
section.</text>
</paragraph><paragraph id="IDdb3d86d4529e4b668f989a661c83ab49"><enum>(3)</enum><header>Use of
funds</header>
<subparagraph id="ID8c33aae9937745b79776b04ce391f075"><enum>(A)</enum><header>Incentives for
faculty</header><text>Funds made available by a grant under this section shall
be used by an affected institution to provide incentives for faculty employed
by an affected institution to remain in the Gulf Coast region at such affected
institution. Such incentives may include—</text>
<clause id="ID88548382d5834d5cbf1ad809e58249f8"><enum>(i)</enum><text>employing
returning faculty to assist in rebuilding facilities of the affected
institution;</text>
</clause><clause id="idF13C3C44B2F6479898A0B33F647FF4B9"><enum>(ii)</enum><text>developing and
providing temporary housing for returning faculty and their dependents who have
been displaced from their homes;</text>
</clause><clause id="IDe88b93aca60a428488b746172a3e2e2c"><enum>(iii)</enum><text>continuing
salaries and health benefits for returning faculty for up to 1 year from the
date the affected institution receives the grant;</text>
</clause><clause id="IDc2f48ccf593f414087e45bbb1604e712"><enum>(iv)</enum><text>providing
tuition assistance for returning faculty and their dependents;</text>
</clause><clause id="ID0dd55ec2b2614c1e890708c6738081f0"><enum>(v)</enum><text>creating
innovative work and research incentives for returning faculty; and</text>
</clause><clause id="IDba43a9048b4b480a8a0392aff6d9a3c7"><enum>(vi)</enum><text>any other
incentives determined necessary by the affected institution and approved by the
Secretary.</text>
</clause></subparagraph><subparagraph id="ID0be22c16d046443fafccfa070f62c210"><enum>(B)</enum><header>Institutional
promotion</header><text>Not more than 5 percent of the funds made available by
a grant under this section shall be used by an affected institution to promote
the institution at job and college fairs, and through the media.</text>
</subparagraph></paragraph><paragraph id="IDe664cfa2f2ec423e99f79f04e0e8a808"><enum>(4)</enum><header>Prevailing
wages</header><text>Wages paid, for purposes of rebuilding an affected
institution's facilities under paragraph (3)(A)(i), to students or faculty in
whole or in part with grant funds received under this section for employment as
laborers, mechanics, or service employees shall be paid at rates not less than
those prevailing in the locality as determined by the Secretary of Labor in
accordance with sections 3141, 3142, and 3145 of title 40, United States Code,
or section 351 of title 41, United States Code, as the case may be.
Notwithstanding any other provision of law, the requirements of this paragraph
shall not be waived or suspended.</text>
</paragraph></subsection><subsection id="ID7c88f5180ab94216aff87d5ea45fa265"><enum>(c)</enum><header>Applications</header><text>An
affected institution of higher education desiring a grant under this section
shall submit an application to the Secretary within 90 days of the date of
enactment of this Act, in such manner and accompanied by such information as
the Secretary may require. Each application shall—</text>
<paragraph id="ID74ca5f5517614782b5f554acca9393b8"><enum>(1)</enum><text>demonstrate that
the institution is an affected institution as defined in section
1102(1);</text>
</paragraph><paragraph id="idCBF4F57E3C274689B3124CAA3B64A995"><enum>(2)</enum><text>specify the
amount of grant funds requested;</text>
</paragraph><paragraph id="ID192ac6b6c2634a43a553274d8b8e76c4"><enum>(3)</enum><text>demonstrate the
need of the affected institution for such grant by including in the
application—</text>
<subparagraph id="IDd7a3fb4ff5a7432fb5df116276f2d1c7"><enum>(A)</enum><text>evidence that, as
a result of a Hurricane Katrina disaster, the affected institution suffered a
direct and significant economic impact and a decline in student enrollment,
hindering the institution's ability to continue full operation;</text>
</subparagraph><subparagraph id="ID093c848ebbbf49b7b431d8adf09b02f0"><enum>(B)</enum><text>evidence that, as
a result of a Hurricane Katrina disaster, the affected institution lost
resources necessary to retain faculty, hindering the affected institution's
ability to continue full operation;</text>
</subparagraph><subparagraph id="IDcef89de8594341529b9a506d1df9a792"><enum>(C)</enum><text>an assessment of
damage to the infrastructure of the affected institution as a result of a
Hurricane Katrina disaster;</text>
</subparagraph><subparagraph id="ID9cd9cdb3d5a84464947a1e3c1250bddb"><enum>(D)</enum><text>information
regarding additional needs created by a Hurricane Katrina disaster; and</text>
</subparagraph><subparagraph id="IDc18052b617944456b91a251c5f7db20c"><enum>(E)</enum><text>other relevant
data; and</text>
</subparagraph></paragraph><paragraph id="ID445defe447184c339eeaa4cbfc8263c4"><enum>(4)</enum><text>contain a
description of the affected institution's plan to carry out the purposes of
this section.</text>
</paragraph></subsection><subsection id="IDf2b9cca1cb84406f9cb65523d4c0c4b0"><enum>(d)</enum><header>Priority</header><text>The
Secretary shall give priority in awarding grants under this section to affected
institutions most in need, as determined by the Secretary.</text>
</subsection><subsection id="IDe58e508ece2f45078f5c6c5120e24619"><enum>(e)</enum><header>Reporting
requirements; reviews</header>
<paragraph id="ID66cb045ecaf54b52b63b6753f0cfbff5"><enum>(1)</enum><header>Reports</header><text>Each
affected institution receiving a grant under this section shall report to the
Secretary no later than September 30 of each year of the 5-year period for
which the grant is awarded.</text>
</paragraph><paragraph id="ID7627b2a547084e4aa716303c1b9aecbc"><enum>(2)</enum><header>Contents</header><text>The
report shall include—</text>
<subparagraph id="ID9bea6061da3143deb76901ae7ee83e06"><enum>(A)</enum><text>data on the
populations served under this section;</text>
</subparagraph><subparagraph id="IDa1bbcfcb60aa40c3962fa80f92762060"><enum>(B)</enum><text>a description of
the use of the grant funds received under this section, including a description
of programs developed with such funds;</text>
</subparagraph><subparagraph id="id0DF9A3001A9F4BDF9F92AD91D70DB6BA"><enum>(C)</enum><text>a financial
statement accounting for the use of the grant funds; and</text>
</subparagraph><subparagraph id="ID225d3404e260463ba6220141e8880d0f"><enum>(D)</enum><text>data on the
impact of the grant on enrollment and retention at the affected institution,
including data on the numbers and percentages of new and returning students,
and the number and percentage of faculty that have been retained.</text>
</subparagraph></paragraph><paragraph id="ID83d58322d2c74c67b65c1a1aac8b7a0e"><enum>(3)</enum><header>Reviews</header><text>The
Secretary shall conduct periodic reviews to ensure that grant funds are
properly managed, and that the programs using such funds achieve their intended
outcomes.</text>
</paragraph></subsection><subsection id="ID9D92861C69264AF0AC2A5D54A7C822FB"><enum>(f)</enum><header>Transfer of
funds</header><text display-inline="yes-display-inline">Notwithstanding any
other provision of law, of the amounts made available to the Department of
Homeland Security under the heading <quote>Disaster Relief</quote> under the
heading <quote>Emergency Preparedness and Response</quote> of Public Law 109–62
(119 Stat. 1991), $18,000,000 shall be available to the Secretary of Education
to carry out this section, which funds shall remain available through fiscal
year 2010.</text>
</subsection></section><section id="IDed735e6eb07f42b08c1273a51bf08e3d"><enum>904.</enum><header>Loan
forgiveness</header>
<subsection id="IDd175a8cc24c64949b6dd9e4b6480ced6"><enum>(a)</enum><header>Statement of
purpose</header><text>The purpose of this section is to encourage students to
continue attending, and to earn degrees from, affected institutions.</text>
</subsection><subsection id="id1A33AC87C91F404F8DFE3AB9E75D078E"><enum>(b)</enum><header>Program
authorized</header><text>From funds made available under subsection (f), the
Secretary shall carry out a program, through the holder of the loan, of
assuming the obligation to repay a qualified loan amount for a loan made under
part B of title IV of the Higher Education Act of 1965 (20 U.S.C. 1071 et
seq.), and of canceling the obligation to repay a qualified loan amount for a
loan made under part D or E of such title IV (20 U.S.C. 1087a et seq.; 1087aa
et seq.), in accordance with subsection (c), for any borrower, who—</text>
<paragraph id="ID0ce7efa3109347e1b46573a60f989f8b"><enum>(1)</enum><text>returns to or
enrolls in an affected institution in academic year 2005–2006, 2006–2007, or
2007–2008;</text>
</paragraph><paragraph id="IDf05c428f0394497bb1e0e80064127c38"><enum>(2)</enum><text>obtains an
associate's degree or a bachelor's degree from such institution; and</text>
</paragraph><paragraph id="ID7b5c3dd2998a45838f97b2bac7ac2c93"><enum>(3)</enum><text>is not in default
on a loan for which the borrower seeks forgiveness.</text>
</paragraph></subsection><subsection id="ID24c572de4d4c4f548a693750732c7465"><enum>(c)</enum><header>Qualified loan
amount</header>
<paragraph id="IDbf369f9bc4464997b9b903b1cf32066b"><enum>(1)</enum><header>Associate's
degree</header><text>Upon completion of an associate's degree from an affected
institution, the Secretary shall repay or cancel—</text>
<subparagraph id="ID978d275fe3794c22a8cec58b2ab58a8c"><enum>(A)</enum><text>in the case of a
full-time student, $2,500 for each academic year of enrollment at such affected
institution; or</text>
</subparagraph><subparagraph id="ID5a8a1e92a56642fca18b4b57e450fb5f"><enum>(B)</enum><text>in the case of a
student enrolled less than full-time, $2,500 for the equivalent of 1 academic
year of enrollment as a full-time student at such affected institution, as
determined by the Secretary,</text>
</subparagraph><continuation-text continuation-text-level="paragraph">not to
exceed $5,000.</continuation-text></paragraph><paragraph id="ID596321dad4714f51ace750c15cc0dbf5"><enum>(2)</enum><header>Bachelor's
degree</header><text>Upon completion of a bachelor's degree from an affected
institution, the Secretary shall repay or cancel—</text>
<subparagraph id="ID94914508ea0d44e3967d65305f0ca259"><enum>(A)</enum><text>in the case of a
full-time student, $2,500 for each academic year of enrollment at such affected
institution; or</text>
</subparagraph><subparagraph id="id699793F0B3234F0DA8629869BDB0F270"><enum>(B)</enum><text>in the case of a
student enrolled less than full-time, $2,500 for the equivalent of one academic
year of enrollment as a full-time student at such affected institution, as
determined by the Secretary,</text>
</subparagraph><continuation-text continuation-text-level="paragraph">not to
exceed $10,000.</continuation-text></paragraph><paragraph id="ID64493b17d795418aa378bea777141a1a"><enum>(3)</enum><header>Limitation</header><text>The
Secretary shall repay or cancel under this section not more than the total
outstanding Federal loan obligation of the student for loans described in
subsection (b), or $10,000, whichever is less.</text>
</paragraph><paragraph id="IDa2323c75d23c464680871a43963c8d52"><enum>(4)</enum><header>Prevention of
abuse</header><text>The Secretary is authorized to issue such regulations as
may be necessary to prevent borrowers from receiving repayment or cancellation
under this section for an excessive period of enrollment in comparison to the
enrollment period which the Secretary determines is appropriate to obtain an
associate's or a bachelor's degree.</text>
</paragraph><paragraph id="IDe5bef100e67342f39f78a0d95c6bedb7"><enum>(5)</enum><header>Academic year
of enrollment</header><text>For the purpose of calculating loan repayment or
cancellation under this section, the term <term>academic year of
enrollment</term> means the academic year in which an affected institution
reopens after Hurricane Katrina, or any subsequent academic year.</text>
</paragraph></subsection><subsection id="ID974bf679c9f445e79790eea462f6db35"><enum>(d)</enum><header>Priority</header><text>The
Secretary shall give priority for repayment or cancellation under this section
to students most in need, as determined by the Secretary.</text>
</subsection><subsection id="IDeca10da50f344c528533d38f9b1b3168"><enum>(e)</enum><header>Rule of
construction</header><text>Nothing in this section shall be construed to
authorize any refunding of any repayment or cancellation of a loan.</text>
</subsection><subsection id="id392682E06F7B4450B4440FF0E7F98ACE"><enum>(f)</enum><header>Transfer of
funds</header><text display-inline="yes-display-inline">Notwithstanding any
other provision of law, of the amounts made available to the Department of
Homeland Security under the heading <quote>Disaster Relief</quote> under the
heading <quote>Emergency Preparedness and Response</quote> of Public Law 109–62
(119 Stat. 1991), $9,000,000 shall be available to the Secretary of Education
to carry out this section.</text>
</subsection></section><section id="IDcf11d1ef749b495d9aa1d18b95124b95"><enum>905.</enum><header>Regulations</header><text display-inline="no-display-inline">The Secretary is authorized to issue such
regulations as may be necessary to carry out the provisions of this
title.</text>
</section><section id="ID1b5fdaee303441809e0817b46234d80d"><enum>906.</enum><header>Emergency
designations</header><text display-inline="no-display-inline">Sections 903 and
904 are designated as emergency requirements pursuant to section 402 of H. Con.
Res. 95 (109th Congress).</text>
</section><enum>X</enum><header>Increased access
to refundable portion of child tax credit</header>
<section id="IDa318870fede643498d9b0d5a2ae6c134"><enum>1001.</enum><header>Reduction in
income threshold used to calculate refundable portion of child tax
credit</header>
<subsection id="ID92650c8718304d9891d4a12ed0b76ab7"><enum>(a)</enum><header>In
general</header><text>Section 24(d) of the Internal Revenue Code of 1986
(relating to portion of credit refundable) is amended—</text>
<paragraph id="IDb213b3309d1744a09b1fbf5f4af437e0"><enum>(1)</enum><text>by striking
<quote>as exceeds</quote> and all that follows through <quote>, or</quote> in
paragraph (1)(B)(i) and inserting <quote>as exceeds $8,000, or</quote>,</text>
</paragraph><paragraph id="ID7d4cc11a5e294af897887e22a08d5b8c"><enum>(2)</enum><text>by striking
<quote>2001, the $10,000 amount</quote> in paragraph (3) and inserting
<quote>2006, the $8,000 amount,</quote>, and</text>
</paragraph><paragraph id="ID262de73984c5457eb47245ee84087da5"><enum>(3)</enum><text>by striking
<quote>2000</quote> in paragraph (3)(B) and inserting
<quote>2005</quote>.</text>
</paragraph></subsection><subsection id="IDb3d306c410c24ffbba40e4d4609162a9"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to taxable
years beginning after December 31, 2005.</text>
</subsection><subsection id="ID481f6f4100554488a63cc308b589fc55"><enum>(c)</enum><header>Application of
sunset to this section</header><text>Each amendment made by this section shall
be subject to title IX of the Economic Growth and Tax Relief Reconciliation Act
of 2001 to the same extent and in the same manner as the provision of such Act
to which such amendment relates.</text>
</subsection></section><section id="ID2ab95aee43874715b4afa5887a989926"><enum>1002.</enum><header>Increase in
percentage earned income used to calculate refundable portion of child tax
credit</header>
<subsection id="IDaa2cbb0ac3ad4973ad28f705b5e0727c"><enum>(a)</enum><header>In
general</header><text>Section 24(d)(1)(B)(i) of the Internal Revenue Code of
1986 (relating to portion of credit refundable) is amended by striking
<quote>15 percent</quote> and inserting <quote>20 percent</quote>.</text>
</subsection><subsection id="IDe48d6f6109e04b58bf9448fa0876052f"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to taxable
years beginning after December 31, 2005.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDe5e19491501544f5b18405752ee0e1db"><enum>(c)</enum><header>Application of
Sunset to This section</header><text>Each amendment made by this section shall
be subject to title IX of the Economic Growth and Tax Relief Reconciliation Act
of 2001 to the same extent and in the same manner as the provision of such Act
to which such amendment relates.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="H4673925F85734850A7CF76AD47683500" section-type="subsequent-section"><enum>1003.</enum><header>Working family tax
relief</header><text display-inline="no-display-inline">For purposes of section
24(d) of the Internal Revenue Code of 1986 (relating to portion of child tax
credit made refundable), in the case of any taxable year beginning during 2006
or 2007, with respect to any taxpayer who had a primary residence in Alabama,
Louisiana, or Mississippi at any time during 2005 and maintains a primary
residence in Alabama, Louisiana, or Mississippi for at least 6 months during
such taxable year, clause (i) of section 24(d)(1)(B) of such Code shall be
applied by substituting 10 percent of the taxpayer's earned income for such
taxable year for the amount which would otherwise be determined under such
clause for such taxable year.</text>
</section><enum>XI</enum><header>Sense of
Senate</header>
<section id="idB272F4ED2CE347D1BBA31CB28E73B720"><enum>1101.</enum><header>Sense of the
Senate regarding source of certain funding</header><text display-inline="no-display-inline">It is the sense of the Senate that, except
as otherwise provided in this Act, the funds necessary to carry out the
purposes of this Act should be made available from otherwise unobligated
amounts appropriated for hurricane relief.</text>
</section>