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119th Congress

H.R. 915

Small Business Technological Advancement Act

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Mark Alford(R-MO)
Introduced
Feb 4, 2025
Policy area
Commerce
Committees
House Committee on Small Business; Senate Committee on Small Business and Entrepreneurship
Official text
Referred in Senate · Congress.gov page

Cosponsors (3)

Original cosponsors (1)

Added later (2)

Summary

Summary by the Congressional Research Service· describes the “Reported to House” version

Small Business Technological Act of 2025 This bill authorizes the Small Business Administration (SBA) to finance under the 7(a) loan program business software or cloud computing services that facilitate business operations, product or service delivery, payroll processing, human resources functions, sales and billing functions, or accounting or tracking of inventory. Such software or services include business tools that utilize artificial intelligence. The 7(a) loan program is the SBA's primary business loan program that provides loan guaranties for participating lenders to provide financing to small businesses that are otherwise unable obtain reasonable credit terms.

Roll-call votes

DateVoteResultYour members
Jun 24, 2026
House #226
On Motion to Suspend the Rules and Pass, as Amended: Small Business Technological Advancement ActPassedSet your home to see

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