Small Business Technological Advancement Act passed the House 505 days after introduction and awaits a vote in the Senate
Written by the Congressional Research Service [2]. 93 words.
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.
- Committees
- House Small Business Committee
Senate Small Business and Entrepreneurship Committee - Policy area
- Commerce: 44 of 2,416 bills became law, 113th–118th (1.8%)
- Sponsor
- 0 of 40 bills enacted since 2013
- Text versions
- 4, from introduced in house to referred in senate · 226 words
- Subjects
- Advanced technology and technological innovationsComputer security and identity theftGovernment lending and loan guarantees
- Latest action
- Jul 13, 2026: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Related, per CRS or House · 1
- 119th S. 305 Small Business Technological Act of 2025 R · Introduced