[Congressional Record Volume 161, Number 154 (Wednesday, October 21, 2015)]
[Senate]
[Pages S7406-S7407]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SUPERSTORM SANDY RELIEF AND DISASTER LOAN PROGRAM IMPROVEMENT ACT OF
2015
Mr. VITTER. Mr. President, in the small business committee, we have
been working on significant legislation that goes to disaster recovery,
the Superstorm Sandy Relief and Disaster Loan Program Improvement Act.
We are ready to move that legislation and pass it through the entire
Senate.
Since Hurricane Katrina devastated my State of Louisiana in 2005, I
have fought to support disaster victims and improve the efficiency and
effectiveness of our Nation's disaster relief and recovery efforts. I
have continued this vital focus on disaster mitigation and recovery as
Chairman of the Committee on Small Business and Entrepreneurship. I
stand by my principle that when people are there for you, you will be
there for them. Following my brief remarks, I will ask unanimous
consent that the Senate pass H.R. 208, which has passed the House
unanimously, with the Vitter amendment.
With Superstorm Sandy, similar to after Katrina, we continued to
see--and both the GAO and IG confirmed--significant shortcomings with
the SBA's disaster loan programs, particularly application processing
times and inaccurate information, which discouraged victims from
applying for assistance. H.R. 208 reopens the SBA disaster loan program
to those victims for one year, and also includes vital reforms and
oversight to the SBA's disaster loan program. This bill does not cost
anything as the funds have already been appropriated but sit unused.
The RISE After Disaster Act, which is included in my amendment,
passed out of the Small Business Committee with unanimous support, and
will provide long-term recovery loans to small businesses through
community banks after SBA disaster assistance is no longer available;
direct Federal agencies to utilize local contractors for response and
recovery efforts, rather than government contractors from Washington,
DC, and other areas; address contractor malfeasance, such as the
Chinese drywall crisis, by allowing homeowners and businesses to use
their SBA disaster loans to remediate their property; provide
incentives for innovative firms doing research and development to stay
in the disaster-affected area, rather than move elsewhere; and require
the SBA to take steps to establish a web portal for disaster
assistance, whereby applicants can track the status of applications and
approvals, as well as submit required supporting documentation
electronically.
Hurricanes Katrina and Rita in 2005, Sandy in 2012, and Joaquin just
this month--along with far too many other natural disasters--have all
illustrated the devastating effects of hurricanes and flooding on our
communities. As Chairman of the Senate Small Business and
Entrepreneurship Committee, I am committed to serving small businesses
across the country and ensuring that they are afforded the resources
and assistance in order to protect themselves from and recover after
disasters.
This means rigorous oversight of the SBA's disaster loan programs and
extensive examination of economic recovery efforts, agency
coordination, and the efficiency of disaster assistance delivery. Small
businesses are vital to every community's economy and serve as the
major source of jobs--one great incentive to have folks return after a
major disaster--and is why helping them to more quickly recover is one
of the most effective and beneficial tactics we can and should take.
Mr. President, I ask unanimous consent that the Committee on Small
Business and Entrepreneurship be discharged from further consideration
of H.R. 208 and the Senate proceed to its immediate consideration.
The PRESIDING OFFICER. Without objection, it is so ordered.
The clerk will report the bill by title.
The legislative clerk read as follows:
A bill (H.R. 208) to improve the disaster assistance
programs of the Small Business Administration.
There being no objection, the Senate proceeded to consider the bill.
Mr. VITTER. Mr. President, I ask unanimous consent that the Vitter
amendment, which is at the desk, be agreed to, the bill, as amended, be
read
[[Page S7407]]
a third time and passed, and the motion to reconsider be considered
made and laid upon the table.
The PRESIDING OFFICER. Without objection, it is so ordered.
The amendment (No. 2747) was agreed to.
(The amendment is printed in today's Record under ``Text of
Amendments.'')
The bill (H.R. 208), as amended, was ordered to a third reading, was
read the third time, and passed.
The PRESIDING OFFICER. The Senator from Rhode Island.
Mr. WHITEHOUSE. Mr. President, I congratulate Senator Vitter on the
passage of the bill and would remark on the support for it by Senator
Booker and Senator Menendez on our side of the aisle.
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