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    <number>966</number>
    <updateDate>2023-01-11T13:27:23Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:27:23Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <type>S</type>
    <introducedDate>2015-04-15</introducedDate>
    <congress>114</congress>
    <committees>
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        <systemCode>sssb00</systemCode>
        <name>Small Business and Entrepreneurship Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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          <item>
            <name>Reported by</name>
            <date>2015-06-10T21:49:43Z</date>
          </item>
          <item>
            <name>Markup by</name>
            <date>2015-04-23T14:00:00Z</date>
          </item>
          <item>
            <name>Referred to</name>
            <date>2015-04-15T23:45:09Z</date>
          </item>
        </activities>
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    </committees>
    <committeeReports>
      <committeeReport>
        <citation>S. Rept. 114-266</citation>
      </committeeReport>
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    <relatedBills>
      <item>
        <title>CREED Act of 2015</title>
        <congress>114</congress>
        <number>2266</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2015-05-12</actionDate>
          <text>Referred to the House Committee on Small Business.</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
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    <actions>
      <item>
        <actionDate>2016-05-26</actionDate>
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          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-266.</text>
        <type>Floor</type>
      </item>
      <item>
        <actionDate>2016-05-26</actionDate>
        <text>By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-266.</text>
        <type>Committee</type>
        <actionCode>14900</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2015-06-10</actionDate>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 107.</text>
        <type>Calendars</type>
      </item>
      <item>
        <actionDate>2015-06-10</actionDate>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2015-06-10</actionDate>
        <text>Committee on Small Business and Entrepreneurship. Reported by Senator Vitter with an amendment in the nature of a substitute. Without written report.</text>
        <type>Committee</type>
        <actionCode>14000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2015-04-23</actionDate>
        <committees>
          <item>
            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
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        <text>Committee on Small Business and Entrepreneurship. Ordered to be reported with an amendment in the nature of a substitute favorably.</text>
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      </item>
      <item>
        <actionDate>2015-04-15</actionDate>
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            <name>Small Business and Entrepreneurship Committee</name>
          </item>
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        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Small Business and Entrepreneurship.</text>
        <type>IntroReferral</type>
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        <actionDate>2015-04-15</actionDate>
        <text>Introduced in Senate</text>
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        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>S001181</bioguideId>
        <fullName>Sen. Shaheen, Jeanne [D-NH]</fullName>
        <firstName>Jeanne</firstName>
        <lastName>Shaheen</lastName>
        <party>D</party>
        <state>NH</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>I000055</bioguideId>
        <fullName>Sen. Isakson, Johnny [R-GA]</fullName>
        <firstName>Johnny</firstName>
        <lastName>Isakson</lastName>
        <party>R</party>
        <state>GA</state>
        <sponsorshipDate>2015-04-15</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C000127</bioguideId>
        <fullName>Sen. Cantwell, Maria [D-WA]</fullName>
        <firstName>Maria</firstName>
        <lastName>Cantwell</lastName>
        <party>D</party>
        <state>WA</state>
        <sponsorshipDate>2015-04-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>A000368</bioguideId>
        <fullName>Sen. Ayotte, Kelly [R-NH]</fullName>
        <firstName>Kelly</firstName>
        <lastName>Ayotte</lastName>
        <party>R</party>
        <state>NH</state>
        <sponsorshipDate>2015-04-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000463</bioguideId>
        <fullName>Sen. Fischer, Deb [R-NE]</fullName>
        <firstName>Deb</firstName>
        <lastName>Fischer</lastName>
        <party>R</party>
        <state>NE</state>
        <sponsorshipDate>2015-04-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001042</bioguideId>
        <fullName>Sen. Hirono, Mazie K. [D-HI]</fullName>
        <firstName>Mazie</firstName>
        <lastName>Hirono</lastName>
        <party>D</party>
        <state>HI</state>
        <middleName>K.</middleName>
        <sponsorshipDate>2015-04-23</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001088</bioguideId>
        <fullName>Sen. Coons, Christopher A. [D-DE]</fullName>
        <firstName>Christopher</firstName>
        <lastName>Coons</lastName>
        <party>D</party>
        <state>DE</state>
        <middleName>A.</middleName>
        <sponsorshipDate>2015-04-23</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000457</bioguideId>
        <fullName>Sen. Franken, Al [D-MN]</fullName>
        <firstName>Al</firstName>
        <lastName>Franken</lastName>
        <party>D</party>
        <state>MN</state>
        <sponsorshipDate>2015-06-02</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001070</bioguideId>
        <fullName>Sen. Casey, Robert P., Jr. [D-PA]</fullName>
        <firstName>Bob</firstName>
        <lastName>Casey</lastName>
        <party>D</party>
        <state>PA</state>
        <sponsorshipDate>2015-11-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2015-06-04T15:50:00Z</pubDate>
        <title>S. 966, Commercial Real Estate and Economic Development Act of 2015</title>
        <url>https://www.cbo.gov/publication/50270</url>
        <description>As ordered reported by the Senate Committee on Small Business and Entrepreneurship on April 23,&amp;nbsp;2015</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Commerce</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Government lending and loan guarantees</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2015-04-15</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2015-05-29T19:55:46Z</updateDate>
        <text><![CDATA[ <p><b>Commercial Real Estate and Economic Development Act of 2015 or the CREED Act of 2015</b></p> <p> Reinstates for a five-year period beginning on the 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.</p> <p>Repeals a provision of the Small Business Jobs Act of 2010 which terminated such authority as of September 27, 2012.</p>]]></text>
      </summary>
      <summary>
        <versionCode>01</versionCode>
        <actionDate>2015-06-10</actionDate>
        <actionDesc>Reported to Senate with amendment(s)</actionDesc>
        <updateDate>2015-06-15T20:53:51Z</updateDate>
        <text><![CDATA[ <p><b>Commercial Real Estate and Economic Development Act of 201</b><b>5</b><b> or </b><b>the</b><b> CREED Act of 201</b><b>5</b></p> <p> (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:</p> <ul> <li>on and after enactment of this Act, and</li> <li>during any fiscal year in which the federal government's cost in making loan guarantees under such program is zero.</li> </ul> <p>Repeals a provision of the Small Business Jobs Act of 2010 that terminated such authority as of September 27, 2012.</p>]]></text>
      </summary>
    </summaries>
    <title>CREED Act of 2015</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>CREED Act of 2015</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to extend the low-interest refinancing provisions under the Local Development Business Loan Program of the Small Business Administration.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>CREED Act of 2015</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Commercial Real Estate and Economic Development Act of 2015</title>
      </item>
      <item>
        <titleType>Short Titles as Reported to Senate</titleType>
        <title>CREED Act of 2015</title>
        <chamberCode>S</chamberCode>
        <chamberName>Senate</chamberName>
      </item>
      <item>
        <titleType>Short Titles as Reported to Senate</titleType>
        <title>Commercial Real Estate and Economic Development Act of 2015</title>
        <chamberCode>S</chamberCode>
        <chamberName>Senate</chamberName>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Reported to Senate</type>
        <date>2015-06-10T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-114s966rs/xml/BILLS-114s966rs.xml</url>
          </item>
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      </item>
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        <type>Introduced in Senate</type>
        <date>2015-04-15T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-114s966is/xml/BILLS-114s966is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2016-05-26</actionDate>
      <text>By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-266.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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