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Bill113th CongressFiled Feb 12, 2013Commerce
S. 289

CREED Act of 2013

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What it doesSummary reported to senate with amendment(s) (Sep 10, 2013)

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.

What just happenedSep 10, 2013

Placed on Senate Legislative Calendar under General Orders. Calendar No. 167.

Who’s behind it

Sen. Landrieu, Mary L. [D-LA](D-LA)Sponsor
12 cosponsors10 D1 R1 I
Read on Congress.gov
12cosponsors1committees9actions1related bills2subjects
  • Reported to SenateSep 10, 2013
  • Introduced in SenateFeb 12, 2013
  1. Sep 10, 2013Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 167.

  2. Sep 10, 2013Committee

    Committee on Small Business and Entrepreneurship. Reported by Senator Landrieu with an amendment. With written report No. 113-89.

  3. Sep 10, 2013Committee14000

    Committee on Small Business and Entrepreneurship. Reported by Senator Landrieu with an amendment. With written report No. 113-89.

  4. Jun 17, 2013Committee

    Committee on Small Business and Entrepreneurship. Ordered to be reported with amendments favorably.

  5. Jun 13, 2013Committee

    Committee on Small Business and Entrepreneurship. Committee consideration and Mark Up Session held.

  6. Mar 14, 2013Committee

    Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 113-309.

  7. Feb 12, 2013IntroReferral

    Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S661)

  8. Feb 12, 2013IntroReferralB00100

    Sponsor introductory remarks on measure. (CR S660-661)

  9. Feb 12, 2013IntroReferral10000

    Introduced in Senate

Reported to Senate with amendment(s)Sep 10, 20131

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.

Introduced in SenateFeb 12, 2013

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.

CREED Act of 2013 — Informed