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A bill to assist entrepreneurs and support development of the creative economy, and for other purposes.
2/9/2024, 6:25 PM
Summary of Bill S 3759
Bill 118 s 3759, also known as the "Entrepreneurial Support and Creative Economy Development Act," aims to provide assistance to entrepreneurs and promote the growth of the creative economy in the United States. The bill includes provisions to support small business owners and startups by offering financial resources, mentorship programs, and access to networking opportunities.
Additionally, the legislation seeks to foster innovation and creativity by investing in programs that support artists, musicians, writers, and other creative professionals. This includes funding for grants, scholarships, and educational initiatives that help individuals in the creative industry develop their skills and bring their ideas to fruition.
Furthermore, the bill includes measures to streamline regulations and reduce barriers to entry for entrepreneurs and small businesses. This includes simplifying the process for obtaining permits and licenses, as well as providing tax incentives for businesses that contribute to the growth of the creative economy. Overall, Bill 118 s 3759 aims to create a supportive environment for entrepreneurs and creative professionals to thrive, ultimately boosting economic growth and innovation in the United States.
Additionally, the legislation seeks to foster innovation and creativity by investing in programs that support artists, musicians, writers, and other creative professionals. This includes funding for grants, scholarships, and educational initiatives that help individuals in the creative industry develop their skills and bring their ideas to fruition.
Furthermore, the bill includes measures to streamline regulations and reduce barriers to entry for entrepreneurs and small businesses. This includes simplifying the process for obtaining permits and licenses, as well as providing tax incentives for businesses that contribute to the growth of the creative economy. Overall, Bill 118 s 3759 aims to create a supportive environment for entrepreneurs and creative professionals to thrive, ultimately boosting economic growth and innovation in the United States.
Congressional Summary of S 3759
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.
Current Status of Bill S 3759
Bill S 3759 is currently in the status of Bill Introduced since February 7, 2024. Bill S 3759 was introduced during Congress 118 and was introduced to the Senate on February 7, 2024. Bill S 3759's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of February 7, 2024
Bipartisan Support of Bill S 3759
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
0Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3759
Primary Policy Focus
Alternate Title(s) of Bill S 3759
A bill to assist entrepreneurs and support development of the creative economy, and for other purposes.
A bill to assist entrepreneurs and support development of the creative economy, and for other purposes.
Comments
Sponsors and Cosponsors of S 3759
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