S 3759
118th Congress
Senate
Commerce
CREATE Act of 2024
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 7, 2024
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Feb 7, 2024
Introduced in Senate
Plain-English summary
Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2024 or the CREATE Act of 2024
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 or 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
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
1
Cosponsors
1