Section 1 Short title
This Act may be cited as the “Tornado Family Safety Act of 2015”.
Tornado Family Safety Act of 2015
A BILL
To amend the Small Business Act to allow the use of physical damage disaster loans for the construction of safe rooms, and for other purposes.
Sec. 2 Use of physical damage disaster loans to construct safe rooms
Section 7(b)(1)(A) of the Small Business Act (15 U.S.C. 636(b)(1)(A)) is amended by striking “mitigating measures” and all that follows through “modifying structures” and inserting the following:
“(i) construction of retaining walls and sea walls;
“(ii) grading and contouring land; and
“(iii) relocating utilities and modifying structures, including construction of a safe room or similar storm shelter designed to protect property and occupants from tornadoes or other natural disasters”