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S 3521 117th Congress Senate Commerce

CREATE Act of 2022

Introduced: January 19, 2022 Introduced by: Schatz, Brian Democratic · Hawaii See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 19, 2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jan 19, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2022 or the CREATE Act of 2022

This bill expands financial assistance for, and establishes measures to support, the creative economy and art entrepreneurs.

Specifically, the bill requires (1) the Small Business Administration to develop loan criteria, evaluation procedures, and technical assistance programs for small business concerns that are owned by artists and support the creative economy; and (2) the Department of Commerce to ensure that traditional economic development tools, such as business incubators and grant programs, support the arts industry and creative economy.

What's happening now January 19, 2022

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 1