Small Business Technological Advancement Act
Small business owners would be able to use federal Small Business Administration loans to purchase software, cloud computing services, and artificial intelligence tools. These funds can cover digital systems used for everyday tasks like payroll, human resources, sales, billing, and inventory tracking. The bill specifies that these loan funds cannot be used to finance research and development.
What this bill touches.
Who it helps · who it burdens.
Who it helps
- small businesses seeking software and technology financingUnder Sec. 2(a), small businesses can obtain SBA 7(a) loans to finance business software, cloud computing services, and related technologies (including artificial intelligence tools) for operations, payroll, HR, billing, and inventory tracking.
- prior SBA 7(a) loan recipients and lendersUnder Sec. 2(b)(1), borrowers and lenders with existing 7(a) loans approved before the enactment of this Act for software or cloud computing are protected by a clarification that those loans were legally permissible.
The provisions, in plain language.
Show all 4 provisions
Authorizes the Small Business Administration to provide 7(a) loans to help small businesses purchase business software, cloud computing services, and related technologies, including tools that use artificial intelligence, for operations, payroll, human resources, sales, and inventory tracking.
Clarifies that Small Business Administration 7(a) loans approved before this law to purchase software and cloud technologies were and remain legally valid.
Clarifies that Small Business Administration 7(a) loans may not be used to fund research and development.
Clarifies that the software-financing rules do not restrict or narrow what qualifies as working capital under Small Business Administration loan programs.
Authorizes the Small Business Administration to provide 7(a) loans to help small businesses purchase business software, cloud computing services, and related technologies, including tools that use artificial intelligence, for operations, payroll, human resources, sales, and inventory tracking.
Clarifies that Small Business Administration 7(a) loans approved before this law to purchase software and cloud technologies were and remain legally valid.
Clarifies that Small Business Administration 7(a) loans may not be used to fund research and development.
How your members of Congress line up
How members voted on Small Business Technological Advancement Act.
Recorded roll calls on this bill, most recent first. Open one to see each member's position.
How it moved.
Show all 15 actions
- Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Motion to reconsider laid on the table Agreed to without objection.
- 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).
- Passed/agreed to in House: 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).
- Considered as unfinished business. (consideration: CR H4227)
- 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.
- DEBATE - The House proceeded with forty minutes of debate on H.R. 915.
- Considered under suspension of the rules. (consideration: CR H4142-4143; text: CR H4142)
- Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
- Placed on the Union Calendar, Calendar No. 591.
- Reported by the Committee on Small Business. H. Rept. 119-678.
- Ordered to be Reported by the Yeas and Nays: 23 - 0.
- Committee Consideration and Mark-up Session Held
- Referred to the House Committee on Small Business.
- Introduced in House
- Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Motion to reconsider laid on the table Agreed to without objection.
- 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).
- Passed/agreed to in House: 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).
- Reported by the Committee on Small Business. H. Rept. 119-678.
- Ordered to be Reported by the Yeas and Nays: 23 - 0.
- Introduced in House
Read it for yourself.
Sources & provenance
Cite this page
Civic Herald. “Small Business Technological Advancement Act (H.R. 915, 119th Congress).” https://civicherald.app/bills/119-hr-915. Congress.gov record as of Jul 23, 2026.