Lebanon Reconstruction and Stabilization Act of 2006 - Authorizes the President to provide assistance for Lebanon's reconstruction and stabilization.
States that such assistance shall be implemented through the Department of State's Office of Coordinator for Reconstruction and Stabilization and in strict compliance with all provisions of law that prevent U.S. assistance from being provided to foreign terrorist organizations.
Expresses the sense of Congress that at least $15 million for each of FY2007-FY2011 should be made available to encourage civic engagement, democratization, rule of law, and political party strengthening activities.