REGULATORY AND FINANCIAL RELIEF.

SEC. 105. REGULATORY AND FINANCIAL RELIEF. (a) Waiver Authority.—Subject to subsections (b) and (c), in providing any grant or other assistance, directly or indirectly, to an entity in an affected State in which a major disaster has been declared in accordance with section 401 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5170), related to Hurricane Katrina or Hurricane Rita, the Secretary of Education may, as applicable, waive or modify, in order to ease fiscal burdens, any requirement relating to the following: (1) Maintenance of effort. (2) The use of Federal funds to supplement, not supplant, non-Federal funds. (3) Any non-Federal share or capital contribution required to match Federal funds provided under programs administered by the Secretary of Education. (b) Duration.—A waiver under this section shall be for the fiscal year 2006. (c) Limitations.—(1) Relation to idea.—Nothing in this section shall be construed to waive or modify any provision of the Individuals with Disabilities Education Act (20 U.S.C. 1400 et seq.). (2) Maintenance of effort.—If the Secretary grants a waiver or modification under this section waiving or modifying a requirement relating to maintenance of effort for fiscal year 2006, the level of effort required for fiscal year 2007 shall not be reduced because of the waiver or modification.