RISE After Disaster Act of 2015

Summary

Recovery Improvements for Small Entities After Disaster Act of 2015 or the RISE After Disaster Act of 2015 This bill amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to exempt from specified nondisclosure requirements any agency action taken to: prevent, investigate, or recover duplicative federal major disaster assistance and emergency benefits made to an entity; or investigate the fraudulent acquisition of such duplicative federal assistance. The Small Business Act is amended to authorize the Small Business Administration (SBA), in order to spur disaster recovery and growth of small businesses located in a declared major disaster area, to provide up to two years of additional financial assistance, on a competitive basis, to a small business development center (SBDC), a SBA women's business center, the Service Corps of Retired Executives, an entity, organization, or individual that receives an award or has in effect a cooperative agreement under the SBA federal and state technology (FAST) partnership program, or any proposed consortium of such individuals or entities. The minimum disaster loan amount for which the SBA may require collateral is increased, for a 3-year period only, from $14,000 to $25,000 (or, as under existing law, any higher amount the SBA determines appropriate in the event of a disaster). The SBA may authorize an SBDC to provide assistance to small businesses outside the SBDC's state, without regard to geographical proximity to the SBDC, if the small business is in a declared major disaster area. The Small Business Investment Act of 1958 is amended to require the SBA to give priority to small business investment company applications for licenses to operate in a declared major disaster area. The Small Business Act is also amended to: require special consideration of FAST applications for awards or cooperative agreements from applicants located in a catastrophic disaster area; allow certain small businesses in major disaster areas to access federal technology or surplus property; provide SBA recovery opportunity loans; provide SBA supplemental assistance for contractor malfeasance; require federal agencies to establish local contracting preferences and incentives for small businesses in major disaster areas; require the use of certain identified locations as SBA recovery centers and increased SBA oversight of recipients of economic injury disaster loans; express the sense of Congress urging the SBA to reduce paperwork burdens on small businesses applying for disaster assistance; and require a SBA report on creation of a web portal to track the status of disaster loan applications. The head of an executive agency may not enter into an agreement for debris removal or demolition services in connection with natural disaster reconstruction efforts unless the agreement meets specified criteria, including a preference for local subcontractors.

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Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 10 June 2015

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• Reported to Senate (PDF)

  Reported to Senate · EN · 10 June 2015

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• Reported to Senate with amendment(s)

  summary · EN · 10 June 2015

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• Introduced in Senate (text)

  Introduced in Senate · EN · 31 May 2015

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 31 May 2015

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• Introduced in Senate

  summary · EN · 31 May 2015

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