CREED Act of 2013

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D ChuSponsor

54 cosponsors · 50 D, 4 R

8 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Commercial Real Estate and Economic Development Act of 2013 or CREED Act of 2013 - Reinstates for a five-year period beginning on the date of enactment of this Act the authority for Small Business Administration (SBA) low-interest refinancing of small business debt not involving business expansion under the SBA's local development business loan program.

What it does: CRS summary · Introduced in House · Mar 18, 2013

Repeals a provision of the Small Business Jobs Act of 2010 which terminated such authority as of September 27, 2012.

States that no additional appropriations are authorized for the reinstated refinancing program.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: CREED Act of 2013

Also known as: Commercial Real Estate and Economic Development Act of 2013

Latest action (Mar 18, 2013): Referred to the House Committee on Small Business.

Policy area: Commerce · Origin: House · Introduced: Mar 18, 2013

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.