A bill to extend the low-interest refinancing provisions under the Local Development Business Loan Program of the Small Business Administration.
Commercial Real Estate and Economic Development Act of 2015 or the CREED Act of 2015
(Sec. 2) 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, effective:
Repeals a provision of the Small Business Jobs Act of 2010 that terminated such authority as of September 27, 2012.
Referred to the House Committee on Small Business.
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.
Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 107.
By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-266.
By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-266.
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