Urge Congress to Cosponsor Two Creative Economy Bills

On Arts Advocacy Day, Sen. Tom Udall (D-NM) announced new legislation to strengthen the creative economy to a crowd of over 500 arts advocates.

Entitled Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy (CREATE) Act (S.2648), the comprehensive bill aims to better support our nation's creative economy and builds off of research of numerous economic studies, including Arts and Economic Prosperity findings.

Through minor adjustments to existing federal programs in agencies like the U.S. Department of Commerce and U.S. Department of Treasury, the legislation takes steps to better invest in our country's workforce and creative economy, while recognizing artists as contributors to the small business community. It does this through three titles: 1) Support for artists and entrepreneurs; 2) Support for the creative economy, and 3) Creative community development.

Provisions include direction that the U.S. Small Business Administration (SBA) works with micro-lenders, traditional lenders, and regulators to ensure that artists and entrepreneurs have access to micro-loans and that loan program criteria are not discriminatory toward arts-related businesses. There is also a requirement that the Economic Development Administration (EDA) and Rural Development Administration ensure that traditional economic development tools, such as incubators and grant programs, support the arts industry. The legislation also includes a demonstration project to promote the creative arts in local economic planning and support to artists trying to get back on their feet after a disaster.

Read more about the bill in this op-ed in The Hill authored by Sen. Udall and Robert L. Lynch, president & CEO of Americans for the Arts. Linked here is the Senator's press release, and here is a one-pager from the Senator.
 

- See more at: http://www.americansforthearts.org/news-room/legislative-news/sen-tom-udall-d-nm-introduces-create-act-to-support-the-creative-economy#sthash.OsdeJ9Hw.dpuf

On Arts Advocacy Day, Sen. Tom Udall (D-NM) announced new legislation to strengthen the creative economy to a crowd of over 500 arts advocates.

Entitled Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy (CREATE) Act (S.2648), the comprehensive bill aims to better support our nation's creative economy and builds off of research of numerous economic studies, including Arts and Economic Prosperity findings.

Through minor adjustments to existing federal programs in agencies like the U.S. Department of Commerce and U.S. Department of Treasury, the legislation takes steps to better invest in our country's workforce and creative economy, while recognizing artists as contributors to the small business community. It does this through three titles: 1) Support for artists and entrepreneurs; 2) Support for the creative economy, and 3) Creative community development.

Provisions include direction that the U.S. Small Business Administration (SBA) works with micro-lenders, traditional lenders, and regulators to ensure that artists and entrepreneurs have access to micro-loans and that loan program criteria are not discriminatory toward arts-related businesses. There is also a requirement that the Economic Development Administration (EDA) and Rural Development Administration ensure that traditional economic development tools, such as incubators and grant programs, support the arts industry. The legislation also includes a demonstration project to promote the creative arts in local economic planning and support to artists trying to get back on their feet after a disaster.

Read more about the bill in this op-ed in The Hill authored by Sen. Udall and Robert L. Lynch, president & CEO of Americans for the Arts. Linked here is the Senator's press release, and here is a one-pager from the Senator.
 

- See more at: http://www.americansforthearts.org/news-room/legislative-news/sen-tom-udall-d-nm-introduces-create-act-to-support-the-creative-economy#sthash.OsdeJ9Hw.dpuf
There are now two pending bills in the U.S. Congress that seek to support the Creative Economy: the CREATE Act (S.650, H.R. 1519) and the PLACE Act (S.3232).

These two economic and community development bills are founded on the research of numerous economic studies. An annual Bureau of Economic Analysis study demonstrates that arts and cultural production contributed $877.8 billion to the U.S. economy (4.5% of GDP), a 3.6% increase over the prior year. The Arts and Cultural Production Satellite Account (ACPSA) is the only federal study to provide in-depth analysis of the creative sector's contributions to the economy. Additional sector studies include the Americans for the Arts' Arts and Economic Prosperity Study and Creative Industries reports. 
 
The CREATE Act (S.650, H.R. 1519): The Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act aims to better support our nation’s creative economy. Introduced by Sen. Tom Udall (D-NM) and Rep. Debbie Dingell (D-MI) on Arts Advocacy Day 2019, this legislation is designed to strengthen the creative economy. 

The bill includes provisions directing the Economic Development Administration (EDA) and Rural Development Administration to ensure that traditional economic development tools, such as incubators and grant programs, support the arts industry. The legislation also includes a demonstration project to promote the creative arts in local economic planning.

The PLACE Act (S.3232): The Promoting Local Arts and Creative Economy Workforce Act, introduced by Sen. Brian Schatz (D-HI) in January 2020, is a Senate bill that includes 11 provisions, some similar to the CREATE Act, and others further expanding the federal government’s support of the creative economy workforce specifically. 

This Senate bill (there is not a House bill as of March 2020), aims to secure the future well-being of individuals, families, communities, and the nation by addressing federal workforce policies that will increase support for the creative economy.
 
Take two minutes now to urge your members of Congress to cosponsor these bills!
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