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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="1240" measure-id="id113hr1240" originChamber="HOUSE" orig-publish-date="2013-03-18" update-date="2013-04-16">
<title>CREED Act of 2013</title>
<summary summary-id="id113hr1240v00" currentChamber="HOUSE" update-date="2013-04-16">
<action-date>2013-03-18</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>Commercial Real Estate and Economic Development Act of 2013 or CREED Act of 2013 - Reinstates for a five-year period beginning on the date of 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> <p>States that no additional appropriations are authorized for the reinstated refinancing program.</p>]]></summary-text>
</summary>
</item>
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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 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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