S.2855: CREATE Growth and Jobs Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about commerce
  • Introduced Dec. 9, 2009
  • Latest Major Action Dec. 9, 2009

Bill Summary

Credit Retains Employees And Triggers Economic Growth and Jobs Act of 2009 or the CREATE Growth and Jobs Act - Authorizes the Administrator of the Small Business Administration (SBA) to make a loan of up to $1.5 million for operation, acquisition, or expansion of an eligible small business concern that is fiscally sound and creditworthy but is not able to obtain credit elsewhere. Sets forth maximum loan terms and conditions. Limits the total...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec. 9, 2009

Introduced in the Senate by Robert Menendez (D-N.J.)

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