H.R. 915 · 119th Congress · Commerce
Small Business Technological Advancement Act
Authorizes Small Business Administration to finance software and cloud computing services for small businesses. AI-read
What it does
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.
Summary by the Congressional Research Service, Jun 3, 2026 (Reported to House). CRS summarizes bills impartially; it does not take positions.
Roll call votes
| Date | Question | Party split (yea) | Result |
|---|---|---|---|
| Jun 24, 2026 House roll 586 |
On Motion to Suspend the Rules and Pass, as AmendedSmall Business Technological Advancement Act | D 208–0 · R 205–4 · I 1–0 |
Passed 414–4 |
Latest action
Jul 13, 2026 · Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.