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Increased Financial and Technical Support for Artists and Creative Entrepreneurs.

This law aims to improve access to federal support programs for artists and entrepreneurs in the creative sector. It mandates the Small Business Administration (SBA) to develop specific loan criteria for microloans and create specialized technical assistance programs tailored to help creators grow their businesses. Furthermore, the act directs economic development funds, including for business incubators, specifically toward arts agencies and creative workers.
Key points
Easier access to federal microloans for artists and small businesses supporting the creative economy.
New, free business and technical assistance programs designed for the specific needs of arts entrepreneurs.
Inclusion of arts agencies and creative workers in traditional economic development programs, including support for business incubators.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_S_3759
Sponsor: Sen. Schatz, Brian [D-HI]
Process start date: 2024-02-07
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

CREATE Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3759.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2024-02-07.

What are the main provisions?

Key points include:

  • Easier access to federal microloans for artists and small businesses supporting the creative economy.
  • New, free business and technical assistance programs designed for the specific needs of arts entrepreneurs.
  • Inclusion of arts agencies and creative workers in traditional economic development programs, including support for business incubators.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Schatz, Brian [D-HI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Media and Culture Public Investments