I 
114TH CONGRESS 
1ST SESSION 
H. R. 208 
To require the Administrator of the Small Business Administration to estab-
lish a program to make loans to certain businesses, homeowners, and 
renters affected by Superstorm Sandy. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 8, 2015 
Ms. VELA´ZQUEZ (for herself, Mr. NADLER, Mr. RANGEL, Ms. MENG, and Mr. 
CROWLEY) introduced the following bill; which was referred to the Com-
mittee on Small Business 
A BILL 
To require the Administrator of the Small Business Adminis-
tration to establish a program to make loans to certain 
businesses, 
homeowners, 
and 
renters 
affected 
by 
Superstorm Sandy. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Superstorm Sandy Re-
lief Act of 2015’’. 
SEC. 2. FINDINGS. 
Congress finds the following: 
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(1) In 2012, Superstorm Sandy caused sub-
stantial physical and economic damage to the United 
States, and New York in particular. 
(2) For businesses and homeowners, the pri-
mary means of obtaining long-term Federal financial 
assistance in the wake of disasters such as 
Superstorm Sandy is through the Small Business 
Administration’s Disaster Loan Program. 
(3) With regard to the Small Business Adminis-
tration’s operation of the Disaster Loan Program 
after Superstorm Sandy, the Government Account-
ability Office found that the Administration did not 
meet its timeliness goals for processing business loan 
applications. 
(4) According to the Government Accountability 
Office, the Small Business Administration stated 
that it was challenged by an unexpectedly high vol-
ume of loan applications that it received early in its 
response to Superstorm Sandy. 
(5) As a result, many businesses and home-
owners affected by Superstorm Sandy were unable 
to apply for financing from the Small Business Ad-
ministration. 
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SEC. 3. DISASTER LOANS FOR BUSINESSES, HOMEOWNERS, 
AND RENTERS AFFECTED BY SUPERSTORM 
SANDY. 
(a) ESTABLISHMENT.—Not later than 45 days after 
the date of enactment of this Act, the Administrator of 
the Small Business Administration shall establish and 
carry out a loan program under which a small business 
concern, homeowner, or renter that was located within an 
area and during the time period with respect to which a 
major disaster was declared by the President under sec-
tion 401 of the Robert T. Stafford Disaster Relief and 
Emergency Assistance Act (42 U.S.C. 5170) by reason of 
Superstorm Sandy may apply— 
(1) for a loan to repair, rehabilitate, or replace 
property damaged or destroyed by reason of 
Superstorm Sandy; or 
(2) if such a small business concern has suf-
fered substantial economic injury by reason of 
Superstorm Sandy, for a loan to assist such a small 
business concern. 
(b) REQUIREMENTS.—To carry out the program de-
scribed in subsection (a), the Administrator shall use the 
same application, selection, and notice requirements and 
procedures that are used under section 7(b) of the Small 
Business Act Section 7(b) (15 U.S.C. 636(b)). 
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(c) TIMING.—The Administrator shall select loan re-
cipients and make available loans under this Act for a pe-
riod of not less than 1 year after the date on which the 
Administrator establishes the program. 
Æ 
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