Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Oct 7, 2005
Community Disaster Loan Equity Act of 2005 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize the President to make community disaster loans to state governments. Eliminates the $5 million limit on such a loan, and prohibits the President from requiring its repayment, if the state or local government receiving it may suffer a substantial loss of tax and other revenues as a result of a major disaster determined to be an incident of national significance.
Applies this Act to any major disaster occurring on or after August 24, 2005.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.
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