Small Business Technological Advancement Act
USA119th CongressHR-915| House
| Updated: 7/13/2026
Mark Alford
Republican Representative
Missouri
Small Business Committee, Small Business and Entrepreneurship Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill expands the permissible uses for Small Business Administration (SBA) loans under Section 7(a) of the Small Business Act. It specifically authorizes the SBA to provide financing for modern business software and cloud computing services , or any similar technology. These loans are designed to help small businesses acquire tools that facilitate critical operations like product delivery, payroll, human resources, sales, billing, accounting, and inventory tracking. The bill explicitly includes business tools that utilize artificial intelligence as eligible for financing. A rule of construction clarifies that these loans are not intended for research and development purposes and do not limit the existing definition of working capital.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Small Business.
Committee Consideration and Mark-up Session Held
Ordered to be Reported by the Yeas and Nays: 23 - 0.
Placed on the Union Calendar, Calendar No. 591.
Reported by the Committee on Small Business. H. Rept. 119-678.
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
Considered under suspension of the rules. (consideration: CR H4142-4143; text: CR H4142)
DEBATE - The House proceeded with forty minutes of debate on H.R. 915.
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
Considered as unfinished business.
Considered as unfinished business. (consideration: CR H4227)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 4, 1 Present (Roll no. 226).
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Commerce
Advanced technology and technological innovationsComputer security and identity theftGovernment lending and loan guarantees
Small Business Technological Advancement Act
USA119th CongressHR-915| House
| Updated: 7/13/2026
This bill expands the permissible uses for Small Business Administration (SBA) loans under Section 7(a) of the Small Business Act. It specifically authorizes the SBA to provide financing for modern business software and cloud computing services , or any similar technology. These loans are designed to help small businesses acquire tools that facilitate critical operations like product delivery, payroll, human resources, sales, billing, accounting, and inventory tracking. The bill explicitly includes business tools that utilize artificial intelligence as eligible for financing. A rule of construction clarifies that these loans are not intended for research and development purposes and do not limit the existing definition of working capital.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Small Business.
Committee Consideration and Mark-up Session Held
Ordered to be Reported by the Yeas and Nays: 23 - 0.
Placed on the Union Calendar, Calendar No. 591.
Reported by the Committee on Small Business. H. Rept. 119-678.
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
Considered under suspension of the rules. (consideration: CR H4142-4143; text: CR H4142)
DEBATE - The House proceeded with forty minutes of debate on H.R. 915.
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Williams (TX) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
Considered as unfinished business.
Considered as unfinished business. (consideration: CR H4227)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 4, 1 Present (Roll no. 226).
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Mark Alford
Republican Representative
Missouri
Small Business Committee, Small Business and Entrepreneurship Committee
Commerce
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Advanced technology and technological innovationsComputer security and identity theftGovernment lending and loan guarantees