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H.R. 2266

CREED Act of 2015

Commercial Real Estate and Economic Development Act of 2015 or the CREED Act of 2015

Reinstates for a five-year period beginning after 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 that terminated such authority as of September 26, 2012. Restores and revives any provision of law struck by the provision, and any regulations promulgated pursuant to it as they were in effect on that date.

Referred to the House Committee on Small Business.

Rep. Chu, Judy [D-CA-27](D-CA)Sponsor
31 cosponsors30 D1 R
31cosponsors1committees3actions1related bills2subjects
  1. IntroReferralH11100

    Referred to the House Committee on Small Business.

    Small Business Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

CREED Act of 2015 — Informed