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CREATE Act of 2022
12/30/2022, 4:04 AM
Congressional Summary of S 3521
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.
Read the Full Bill
Current Status of Bill S 3521
Bill S 3521 is currently in the status of Bill Introduced since January 19, 2022. Bill S 3521 was introduced during Congress 117 and was introduced to the Senate on January 19, 2022. Bill S 3521's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of January 19, 2022
Bipartisan Support of Bill S 3521
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3521
Primary Policy Focus
CommerceAlternate Title(s) of Bill S 3521
CREATE Act of 2022
CREATE Act of 2022
Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act of 2022
A bill to assist entrepreneurs and support development of the creative economy, and for other purposes.
Comments
Sponsors and Cosponsors of S 3521
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