Open Eye

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119th Congress · House

Small Business Technological Advancement Act

Subjects: Advanced technology and technological innovations · Computer security and identity theft · Government lending and loan guarantees · Commerce

In plain language

  • House bill in the 119th Congress.
  • Authorizes the Small Business Administration (SBA) to finance under the 7(a) loan program business software or cloud computing.
  • House passed it on Jun 24, 2026 (substantive).
Official summary (Congressional Research Service)

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.

View this measure on congress.gov

Roll-call votes on this measure