H.R. 5641

SPEED Recovery Act

Latest

One Hundred Seventeenth Congress of the United States of America

At the Second Session

Begun and held at the City of Washington on Monday, the third day of January, two thousand and twenty-two

H. R. 5641

AN ACT

To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to increase the threshold for eligibility for assistance under sections 403, 406, 407, and 502 of such Act, and for other purposes.

1.

Short title

This Act may be cited as the Small Project Efficient and Effective Disaster Recovery Act or the SPEED Recovery Act.

2.

Simplified procedure

(a)

In general

Section 422 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5189) is amended—

(1)

in subsection (a) by striking $35,000 each place it appears and inserting $1,000,000; and

(2)

in subsection (b)(3)—

(A)

in the heading by inserting and Report after Review; and

(B)

by inserting and submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Homeland Security and Governmental Affairs of the Senate a report regarding such review, including any recommendations developed pursuant to such review after under this section.

(b)

Applicability

The amendments made by subsection (a) shall apply with respect to any amounts appropriated after the date of enactment of this Act.

3.

Audit and review

Not later than 3 years after the date of enactment of this Act, the Inspector General of the Department of Homeland Security shall conduct an audit, and submit to Congress a report, on whether there has been waste and abuse as a result of the amendment made under section 2(a)(1).

Speaker of the House of Representatives.

Vice President of the United States and President of the Senate.