US HB1240 | 2013-2014 | 113th Congress

Status

Spectrum: Strong Partisan Bill (Democrat 50-4-1)
Status: Introduced on March 18 2013 - 25% progression, died in committee
Action: 2013-03-18 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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. 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.

Tracking Information

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Title

Commercial Real Estate and Economic Development Act of 2013

Sponsors


History

DateChamberAction
2013-03-18HouseReferred to the House Committee on Small Business.

Same As/Similar To

SB289 (Related) 2013-09-10 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 167.

Subjects


US Congress State Sources


Bill Comments

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