Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, <<NOTE: Small Project Efficient and Effective Disaster Recovery Act.>>
This Act may be cited as the ``Small Project Efficient and Effective Disaster Recovery Act'' or the ``SPEED Recovery Act''.
(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.
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).
Approved October 10, 2022.
LEGISLATIVE HISTORY--H.R. 5641: ---------------------------------------------------------------------------
HOUSE REPORTS: No. 117-274 (Comm. on Transportation and Infrastructure). SENATE REPORTS: No. 117-145 (Comm. on Homeland Security and Governmental Affairs). CONGRESSIONAL RECORD, Vol. 168 (2022): Apr. 5, considered and passed House. Sept. 20, considered and passed Senate, amended. Sept. 28, House considered concurring in Senate amendments. Sept. 29, prior proceedings vacated; House concurred in Senate amendments.
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