,,ii ,calendar ,no4 #afa #aacth ,,congress #ast ,session ,s4 #dae ,report ,no4 #aac-hd ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #bh1 #bjac ,ms4 ,landrieu 7for herself1 ,mr4 ,cochran1 ,mrs4 ,gillibrand1 ,mr4 ,pryor1 ,mr4 ,wicker1 ,mr4 ,cardin1 ,ms4 ,heitkamp1 and ,mr4 ,hoeven7 introduced the following bill2 which was read twice and referred to the ,committee on ,small ,business and ,entrepreneurship ,july #ca1 #bjac ,reported by ,ms4 ,landrieu1 with an amendment ,insert the part printed in italic ,a ,,bill ,to clarify the collateral requirement for certain loans under section #g7;d7 of the ,small ,business ,act1 to address assistance to out-of-,state small business concerns1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,small ,business ,disaster ,reform ,act of #bjac4 #b4 ,clarification of collateral requirements ,section #g7;d77#f7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;d77#f77 is amended by inserting after which are made under paragraph 7#a7 of subsection 7b7 the following3 3 ,provided further1 ,that the ,administrator1 in obtaining the best available collateral for a loan of not more than #bjj1jjj under paragraph 7#a7 or 7#b7 of subsection 7b7 relating to damage to or destruction of the property of1 or economic injury to1 a small business concern1 shall not require the owner of the small business concern to use the primary residence of the owner as collateral if the ,administrator determines that the owner has other assets with a value equal to or greater than the amount of the loan that could be used as collateral for the loan3 ,provided further1 ,that nothing in the preceding proviso may be construed to reduce the amount of collateral required by the ,administrator in connection with a loan described in the preceding proviso or to modify the standards used to evaluate the quality 7rather than the type7 of such collateral4 #c4 ,assistance to out-of-,state small businesses ,section #ba7;b77#c7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fdh7;b77#c77 is amended-- 7#a7 by striking 7#c7 ,at the discretion and inserting the following3 7#c7 ,assistance to out-of-state small businesses 7,a7 ,in general ,at the discretion 2 and 7#b7 by adding at the end the following3 7,b7 ,disaster recovery assistance 7i7 ,in general ,at the discretion of the ,administrator1 the ,administrator may authorize a small business development center to provide assistance1 as described in subsection 7c71 to a small business concern located outside of the ,state1 without regard to geographic proximity1 if the small business concern is located in an area for which the ,president has declared a major disaster under section #dja of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act 7#db ,u4,s4,c4 #eagj71 during the period of the declaration4 7ii7 ,continuity of services ,a small business development center that provides counselors to an area described in clause 7i7 shall1 to the maximum extent practicable1 ensure continuity of services in any ,state in which the small business development center otherwise provides services4 7iii7 ,access to disaster recovery facilities ,for purposes of this subparagraph1 the ,administrator shall1 to the maximum extent practicable1 permit the personnel of a small business development center to use any site or facility designated by the ,administrator for use to provide disaster recovery assistance4 4 #d4 ,sense of ,congress ,it is the sense of ,congress that1 subject to the availability of funds1 the ,administrator of the ,small ,business ,administration shall1 to the extent practicable1 ensure that a small business development center is appropriately reimbursed for any legitimate expenses incurred in carrying out activities under section #ba7;b77#c77;,b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fdh7;b77#c77;,b771 as added by this ,act4 #e4 ,increased oversight of economic injury disaster loans 7a7 ,in general ,section #g7;b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77 is amended by inserting immediately after paragraph 7#i77;,d77#c77;cc7 the following3 7#aj7 ,increased oversight of economic injury disaster loans ,the ,administrator shall increase oversight of entities receiving loans under paragraph 7#b71 including-- 7,a7 random site visits to ensure borrower eligibility and compliance with requirements established by the ,administrator2 and 7,b7 random reviews of the use of the loan proceeds by an entity described in paragraph 7#b7 to ensure compliance with requirements established by the ,administrator4 4 7b7 ,sense of ,congress relating to using existing funds ,it is the sense of ,congress that no additional ,federal funds shall be made available to carry out the amendments made by this section4 #f4 ,reduction of paperwork burden 7a7 ,sense of ,congress ,it is the sense of ,congress that the ,administrator of the ,small ,business ,administration should-- 7#a7 reduce paperwork burdens pursuant to section #ceja of title #dd1 ,united ,states ,code1 on small business concerns applying for disaster assistance under section #g7;b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b772 and 7#b7 ensure that the application for disaster assistance under section #g7;b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77 facilitates deterring and detecting potential incidents of waste1 fraud1 and abuse4 7b7 ,reduction ,section #g7;b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77 is amended by inserting immediately after paragraph 7#aj71 as added by this ,act1 the following3 7#aa7 ,paperwork reduction ,the ,administrator shall take steps to reduce1 to the maximum extent practicable1 the paperwork associated with the application for a loan under this subsection4 4 #g4 ,report on web portal for disaster loan applicants ,section #ch of the ,small ,business ,act 7#ae ,u4,s4,c4 #feg;j7 is amended by adding at the end the following3 7c7 ,report on web portal for disaster loan application status 7#a7 ,in general ,not later than #ij days after the date of enactment of this subsection1 the ,administrator shall submit to the ,committee on ,small ,business and ,entrepreneurship of the ,senate and the ,committee on ,small ,business of the ,house of ,representatives a report relating to the creation of a web portal to the track the status of applications for disaster assistance under section #g7;b74 7#b7 ,contents ,the report under paragraph 7#a7 shall include-- 7,a7 information on the progress of the ,administration in implementing the information system under subsection 7a72 7,b7 recommendations from the ,administration relating to the creation of a web portal for applicants to check the status of an application for disaster assistance under section #g7;b71 including a review of best practices and web portal models from the private sector2 7,c7 information on any related costs or staffing needed to implement such a web portal2 7,d7 information on whether such a web portal can maintain high standards for data privacy and data security2 7,e7 information on whether such a web portal will minimize redundancy among ,administration disaster programs1 improve management of the number of inquiries made by disaster applicants to employees located in the area affected by the disaster and to call centers1 and reduce paperwork burdens on disaster victims2 and 7,f7 such additional information as is determined necessary by the ,administrator4 4 ,july #ca1 #bjac ,reported with an amendment