Hurricane Katrina Recovery, Reclamation, Restoration, Reconstruction and Reunion Act of 2005

Hurricane Katrina Recovery, Reclamation. Restoration, Reconstruction and Reunion Act of 2005 - Hurricane Katrina Victim Restoration Fund of 2005 - Provides for the determination of eligibility for compensation for any individual (or relatives of a deceased individual) who sustained economic or noneconomic losses as a result of Hurricane Katrina so that the individual (or relatives) are restored as nearly as possible to their condition before Hurricane Katrina.

Directs the Administrator of the Environmental Protection Agency to develop a Comprehensive Environmental Sampling and Toxicity Assessment Plan.

Provides for federal and state government to notify hurricane survivors of health risks they may face upon returning to their domiciles.

Provides for the offer of alternative land and/or housing as compensation to residents whose homes or businesses have been destroyed or terminally compromised.

Revises the TANF Emergency Response and Recovery Act of 2005 to provide for reimbursement of states for Temporary Assistance to Needy Families (TANF) benefits provided under part A of title IV of the Social Security Act to families from other states affected by Hurricane Katrina.

Sets forth requirements relating to emergency extended unemployment compensation.

Requires the Secretary of Health and Human Services to establish a program of emergency health coverage continuation relief.

Sets forth housing and education requirements.

Displaced Citizens Voter Protection Provisions of 2005 - Prescribes requirements for the protection of voting rights of Katrina evacuees.

Prescribes requirements for: (1) regulatory relief for financial services; and (2) disaster loans and small business relief.

Amends the Internal Revenue Code to provide for: (1) a tax credit for an eligible homebuyer who purchases a principal residence in the Hurricane Katrina disaster area; (2) an increase in the housing credit dollar amount; and (3) tax-exempt bonds for qualified Gulf Coast recovery projects.

Hurricane Katrina Bankruptcy Relief and Community Protection Act of 2005 - Amends the federal bankruptcy code to exempt victims of natural disasters, including small businesses, from certain requirements for debtors seeking relief.

Directs the Director of the Federal Emergency Management Agency (FEMA) to establish a temporary flood insurance buy-in program.

Expresses the sense of Congress that the President should present, within six months, a plan to eradicate poverty in the United States by 2015.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov