HR915Reported by Committee

Small Business Technological Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-02-04
Introduced
3
Cosponsors
HR
ⓘ
Type

Sponsor

Mark Alford
Mark Alford
Republican · MO · Representative
Votes with party: 97.2% (544 recorded votes)

Full profile: /officials/A000379

Source: Congress.gov · FEC

Cosponsors (3)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Ordered to be Reported by the Yeas and Nays: 23 - 0.

2026-05-20

Source: Congress.gov

Committee Activity

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Plain-English Summary

The legislation would provide small businesses with grants, tax credits, and technical assistance to help them adopt new technology like software, cybersecurity tools, and automation systems. It aims to help small business owners compete with larger companies by making technology upgrades more affordable and accessible, particularly for companies with fewer than 500 employees.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Commerce

Full Bill Text

Verbatim text published on Congress.gov via GovInfo. Use Cmd+F / Ctrl+F to search within this excerpt.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 915 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 915 To authorize small business loans to finance access to modern business software, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 4, 2025 Mr. Alford (for himself and Ms. Lee of Nevada) introduced the following bill; which was referred to the Committee on Small Business _______________________________________________________________________ A BILL To authorize small business loans to finance access to modern business software, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Small Business Technological Act of 2025''. SEC. 2. ADDITIONAL USES FOR SMALL BUSINESS ADMINISTRATION BUSINESS LOANS. (a) In General.--Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is amended by adding at the end the following: ``(38) Access to modern business software.--The Administration may provide loans under this subsection to finance, in whole or in part, business software or cloud computing services, or any such technology, that facilitates business operations, product or service delivery, the processing, payment, or tracking of payroll expenses, human resources, sales and billing functions, or accounting or tracking of supplies, inventory, records and expenses, including business tools that utilize artificial intelligence.''. (b) Rule of Construction.--Nothing in the amendment made by subsection (a) shall be construed to-- (1) provide that loans made under section 7(a) of the Small Business Act (15 U.S.C. 636(a)) before the date of enactment of this Act for the purposes described in paragraph (38) of such section 7(a), as added by subsection (a), were not permissible; (2) authorize the use of loans made under section 7(a) of the Small Business Act (15 U.S.C. 636(a)) for research and development purposes; or (3) limit the definition of working capital under the Small Business Act (15 U.S.C. 631 et seq.). <all>
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