This Act may be cited as the Rapid Disaster Relief Act.

Section 403 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5170bU.S. Code — Title 42, Section 5170bView official source on GovInfo) is amending by adding at the end the following: (e) Disbursement Reimbursements provided under this section shall be disbursed to the applicant not later than 120 days after the applicant submits a request for reimbursement if the President determines at least 90 percent of estimated costs are eligible for such reimbursement..