,,ii #aag? ,,congress #b;d ,session ,s4 #ceba ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,janu>y #ai 7legislative day1 ,janu>y #ah71 #bjbb,mr4 ,s*atz 7= himself & ,mr4 ,cornyn7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to assi/ entrepr5eurs & support developm5t ( ! creative economy1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,compreh5sive ,res\rces = ,entrepr5eurs 9 ! ,arts to ,trans=m ! ,economy ,act ( #bjbb or ! ,,create ,act ( #bjbb4 #b4 ,microloan program expansion ,section #g7m77#f7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7m77#f77 is am5d$ by add+ at ! end ! foll[+3 7,f7 ,loan crit]ia = arti/s & arts entrepr5eurs ,! ,adm9i/ration1 9 consultation ) eligible int]m$i>ies1 %all develop loan crit]ia to ensure t small bus9ess conc]ns own$ & controll$ by arti/s & small bus9ess conc]ns t support ! creative economy receive loan proce$s "u ?is subsection4 4 #c4 ,,sba bus9ess loans = ! creative economy ,section #g7;a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77 is am5d$ by add+ at ! end ! foll[+3 7#ch7 ,creative economy ,9 provid+ assi/ance "u ?is subsection1 ! ,adm9i/ration %all develop proc$ures to evaluate ! bus9ess proposals & bus9ess plans ( non-employ] bus9esses & small bus9ess conc]ns t focus on economic developm5t1 job creation1 & community gr[? ) respect to ! creative economy4 4 #d4 ,,sba te*nical assi/ance programs ,section #ba ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7 is am5d$ by add+ at ! end ! foll[+3 7o7 ,te*nical assi/ance programs = arti/s & arts entrepr5eurs ,! ,adm9i/ration1 9 consultation ) relevant /akehold]s1 %all develop te*nical assi/ance programs to be c>ri$ out by small bus9ess developm5t c5t]s "u ?is subsection t t>get ! specific ne$s ( arti/s & arts entrepr5eurs4 4 #e4 ,arts-focus$ economic developm5t ,title ,,ii ( ! ,public ,works & ,economic ,developm5t ,act ( #aife 7#db ,u4,s4,c4 #cada et seq47 is am5d$ by add+ at ! end ! foll[+3 #bai4 ,arts-focus$ economic developm5t 7a7 ,def9itions ,9 ?is section3 7#a7 ,bus9ess incubation program ,! t]m bus9ess incubation program means a program t-- 7,a7 accel]ates ! successful developm5t ( entrepr5eurial bus9esses ?r\gh bus9ess support res\rces & s]vices1 develop$ or or*e/rat$ by incubator managem5t2 7,b7 is design$ to produce successful bus9esses2 & 7,c7 provides managem5t guidance1 te*nical assi/ance1 & consult+ design$ = "y1 gr[+ bus9esses1 includ+ by provid+-- 7i7 r5tal space & flexible leases2 7ii7 %>$ basic bus9ess s]vices & equipm5t2 7iii7 te*nology support s]vices2 & 7iv7 assi/ance 9 obta9+ f9anc+ necess>y = gr[? ( ! bus9ess4 7#b7 ,incubator ,! t]m incubator means a multit5ant facility ) on-site managem5t t directs a bus9ess incubation program4 7b7 ,arts-,focus$ economic developm5t ,9 provid+ grants & assi/ance "u ?is ,act 7includ+ ?r\gh ! local te*nical assi/ance1 p>tn]%ip plann+1 & compreh5sive economic developm5t /rategies programs ( ! ,economic ,developm5t ,adm9i/ration71 ! ,secret>y %all provide to ,/ate1 regional1 & local arts ag5cies1 arti/s1 & creative work]s support ?r\gh traditional economic developm5t tools1 includ+-- 7#a7 incubators2 & 7#b7 economic developm5t plann+ & te*nical assi/ance1 includ+ assi/ance = ,/ate1 regional1 & local arts ag5cies 9 "w relat$ to compreh5sive economic developm5t /rategies4 4 #f4 ,demon/ration program to promote use ( creative indu/ries & occupations 9 c]ta9 economic plann+ ,n lat] ?an #abj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,comm]ce %all e/abli% a demon/ration program to assess ! feasibility & advisability ( provid+ support to local arts ag5cies & nonpr(its ?r\gh plann+ grants "u section #bjc ( ! ,public ,works & ,economic ,developm5t ,act ( #aife 7#db ,u4,s4,c4 #cadc7 & local te*nical assi/ance grants "u section #bjg ( t ,act 7#db ,u4,s4,c4 #cadg7 to promote ! use ( creative indu/ries & occupations 9 ! economic plann+ ( local gov]nm5ts1 includ+ 9 compreh5sive economic developm5t /rategies4