H.R. 7281 · 118th Congress · House

CREATE Act of 2024

Active· Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
Introduced
Feb 7, 24
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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 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.

Action Timeline

6
  1. FEB 08, 2024•Committee

    Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

  2. FEB 07, 2024•IntroReferral

    Introduced in House

  3. FEB 07, 2024•IntroReferral

    Introduced in House

  4. FEB 07, 2024•IntroReferral

    Referred to the Committee on Small Business, and in addition to the Committees on Financial Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  5. FEB 07, 2024•IntroReferral

    Referred to the Committee on Small Business, and in addition to the Committees on Financial Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  6. FEB 07, 2024•IntroReferral

    Referred to the Committee on Small Business, and in addition to the Committees on Financial Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Committees

4

Economic Development, Public Buildings, and Emergency Management Subcommittee

hspw13

Referred: Feb 8, 2024

Active

Transportation and Infrastructure Committee

hspw00

Referred: Feb 7, 2024

Active

Financial Services Committee

hsba00

Referred: Feb 7, 2024

Active

Small Business Committee

hssm00

Referred: Feb 7, 2024

Active