CREATE Act of 2024
The CREATE Act of 2024 expands support for artists and arts entrepreneurs by modifying existing small business programs. It requires the Small Business Administration to develop specific loan criteria for artists and creative businesses, create targeted technical assistance programs, and establish business incubators focused on the creative economy. The bill also directs economic development grants to support arts agencies and integrate creative industries into local economic planning. These changes directly benefit artists, arts entrepreneurs, and small creative businesses by providing tailored financial and technical resources.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
President
Introduced Feb 7, 2024
Last action Feb 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Feb 8, 2024
Committee
Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.
lower
Feb 7, 2024
Committee
Referred to the Committee on Small Business, and in addition to the Committees on Financial Services, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Feb 7, 2024
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 7281
Scope: US
Hi! I can help you understand HR 7281. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline