Collateral Requirements for Disaster Loans Act
This bill makes permanent the increased threshold limits for the minimum major-disaster loan amount for which the Small Business Administration may require collateral.
To adjust collateral requirements under the Small Business Act for 
                disaster loans, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Collateral Requirements for Disaster 
Loans Act''.

SEC. 2. COLLATERAL REQUIREMENTS FOR DISASTER LOANS UNDER THE SMALL 
              BUSINESS ACT.

    (a) Amendment to the Rise After Disaster Act of 2015.--Section 2102 
of the RISE After Disaster Act of 2015 (Public Law 114-88) is amended--
            (1) by striking subsections (b) and (c); and
            (2) by striking ``(a) In General.--''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect as though enacted as part of the RISE After Disaster Act of 
2015.
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Collateral Requirements for Disaster Loans Act
To adjust collateral requirements under the Small Business Act for disaster loans, and for other purposes.
Collateral Requirements for Disaster Loans Act
Rep. Velazquez, Nydia M.