CREED Act of 2013
Latest action · Sep 10, 2013 Placed on Senate Legislative Calendar under General Orders. Calendar No. 167.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 12, 2013
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Commercial Real Estate and Economic Development Act of 2013 or CREED Act of 2013 - Reinstates 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 during any fiscal year in which the cost to the federal government for making loan guarantees under such program is zero.
Repeals a provision of the Small Business Jobs Act of 2010 which terminated such authority as of September 27, 2012.
Cosponsors 12
Members who signed on, in the order they did. Signatures ran from Feb 12, 2013 to Apr 1, 2014; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NH | Jeanne Shaheen | Original | Feb 12, 2013 |
| D-MO | Claire McCaskill | Mar 11, 2013 | |
| R-GA | Johnny Isakson | Mar 12, 2013 | |
| D-MD | Benjamin L. Cardin | Mar 14, 2013 | |
| D-MA | William M. Cowan | Mar 18, 2013 | |
| D-NC | Kay R. Hagan | Apr 8, 2013 | |
| I-ME | Angus S. King Jr. | May 13, 2013 | |
| D-SD | Tim Johnson | Jun 6, 2013 | |
| D-MN | Al Franken | Oct 29, 2013 | |
| D-AR | Mark L. Pryor | Oct 29, 2013 | |
| D-WA | Maria Cantwell | Jan 30, 2014 | |
| D-FL | Bill Nelson | Apr 1, 2014 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Small Business and Entrepreneurship Committee | Referred Feb 12, 2013Hearings Mar 15, 2013Markup Jun 17, 2013Reported Sep 10, 2013 |
Actions 8
Everything that happened, newest first.
- Sep 10, 2013Committee on Small Business and Entrepreneurship. Reported by Senator Landrieu with an amendment. With written report No. 113-89.
- Sep 10, 2013Placed on Senate Legislative Calendar under General Orders. Calendar No. 167.
- Jun 17, 2013Committee on Small Business and Entrepreneurship. Ordered to be reported with amendments favorably.
- Jun 13, 2013Committee on Small Business and Entrepreneurship. Committee consideration and Mark Up Session held.
- Mar 14, 2013Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 113-309.
- Feb 12, 2013Introduced in Senate
- Feb 12, 2013Sponsor introductory remarks on measure. (CR S660-661)
- Feb 12, 2013Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S661)
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S660Text printed S661 | Mary L. Landrieu D-LA (text) | Feb 12, 2013 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Aug 1, 2013S. 289, Commercial Real Estate and Economic Development Act of 2013As ordered reported by the Senate Committee on Small Business and Entrepreneurship on June 17, 2013
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R41282 | Agriculture-Based Biofuels: Overview and Emerging Issues Archived | Report | May 1, 2013 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1240 | CREED Act of 2013 | Related bill | Mar 18, 2013 |
Titles 5
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to extend the low-interest refinancing provisions under the Local Development Business Loan Program of the Small Business Administration.
- Short Titles as Introduced
- CREED Act of 2013
- Commercial Real Estate and Economic Development Act of 2013
- Short Titles as Reported to Senate
- CREED Act of 2013
- Commercial Real Estate and Economic Development Act of 2013
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 2
Each version as it was printed, newest first.
- Sep 10, 2013Reported to Senate
- Feb 12, 2013Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
