Fast Track Disaster Relief Act

The Fast Track Disaster Relief Act amends the Internal Revenue Code to allow the IRS to share taxpayer return information with the Small Business Administration (SBA). This disclosure is limited to individuals applying for disaster loans under section 7(b) of the Small Business Act. The SBA may only use this data to determine a borrower's eligibility for these specific loans. The provision takes effect immediately upon enactment and applies to all disclosures made after that date.