US Congress Senate Bill 2855 (Prior Session Legislation)

---

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on December 9 2009 - 25% progression, died in chamber
Action: 2009-12-09 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Text: Latest bill text (Introduced) [PDF]

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 of such loans in any fiscal year to $10 billion. Makes certain funds under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008 (EESA) available to implement this Act.

CREATE Growth and Jobs Act

Sen. Robert Menendez [D-NJ]

Date	Chamber	Action
2009-12-09		Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/2855/all-info
Text	https://www.congress.gov/111/bills/s2855/BILLS-111s2855is.pdf