S. 2826: CREATE Jobs Act

111th Congress · introduced 2009-12-03 · Taxation · Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12323-12324)

federal

Follow this bill, step by step

Where it came from: introduced 2009-12-03 · official record
Who proposed it: Sen. Grassley, Chuck [R-IA] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12323-12324) Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

CREATE Jobs Act

Plain summary

Clean Renewable Energy Advancement Tax Extension Jobs Act of 2009 or the CREATE Jobs Act - Amends the Internal Revenue Code to: (1) extend through 2016 the tax credit for producing electricity from wind and open-loop biomass facilities; (2) increase the limitation on the issuance of new clean renewable energy bonds; and (3) extend through 2011 the additional depreciation allowance for certain business assets acquired after 2007.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

CREATE Jobs Act

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Grassley, Chuck [R-IA] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Sponsor's campaign money: Sen. Grassley, Chuck [R-IA] reported raising $527,998 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bond: A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-111s2826.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/111/s>

Record fed-us-cong111-s2826 · catalog fed-us-congress-bills-cong111 · updated 2026-11-15 by psicol fed-bills-cong111