Skip to main content
HR 3947 109th Congress House

Gulf Coast Recovery Bond Act of 2005

Official title: To amend the Internal Revenue Code of 1986 to authorize the Federal Government to guarantee tax exempt bonds for the purpose of rebuilding the Gulf Coast from … Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to authorize the Federal Government to guarantee tax exempt bonds for the purpose of rebuilding the Gulf Coast from the impacts of Hurricanes Katrina and Rita.

Introduced: September 29, 2005 Introduced by: Blackburn, Marsha Republican · Tennessee See on congress.gov
Taxation AlabamaBondsCollection of accountsDisaster relief
More subjectsShow fewer subjects
Economics and Public FinanceEmergency ManagementFederally-guaranteed loansFinance and Financial SectorFloodsHurricane aftermath legislationHurricanesIncome taxLouisianaMississippiTax-exempt securitiesTexasWater Resources Development
Sign in to write a letter Sign in to watch
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2005
Referred to the House Committee on Ways and Means.
Sep 29, 2005
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action September 29, 2005

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Gulf Coast Recovery Bond Act of 2005 - Amends the Internal Revenue Code to provide for the issuance through 2010 of qualified Gulf Coast recovery bonds as tax-exempt state and local bonds (interest on such bonds is excluded from gross income). Requires that at least 95 percent of the net proceeds of such bonds be used for Hurricane Katrina and Rita disaster relief in the Gulf Coast areas of Alabama, Louisiana, Mississippi, and Texas.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 2
R
Wicker, Roger F.
Mississippi · Oct 3, 2005
TANNER, JOHN
· Sep 29, 2005
 R
Wilson, Joe
South Carolina · Sep 29, 2005
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3947: Gulf Coast Recovery Bond Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-3947/
MLA
"H.R. 3947: Gulf Coast Recovery Bond Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-3947/.
Bluebook (legal)
H.R. 3947, 109th Cong. (2026), https://openamerica.io/bill/109-HR-3947/.
Markdown link
[H.R. 3947: Gulf Coast Recovery Bond Act of 2005](https://openamerica.io/bill/109-HR-3947/)
Report a problem