H.R. 915 · Where this bill is now
In the Senate
Passed the House Jun 24, 2026. Received Jul 13, 2026; no Senate vote yet
What this bill does
In plain words · AI-written from the official summarySBA loans can now fund business software
The Small Business Administration's main loan program, called the 7(a) program, currently helps small businesses get financing when banks won't lend to them on reasonable terms. This bill would expand what that program can pay for—adding business software and cloud computing services to the list of things the loans can fund. That includes tools for things like payroll, hiring, sales, accounting, and inventory tracking, including software that uses artificial intelligence.
How it affects you
If you own or work at a small business that needs to upgrade its technology but can't afford it upfront, this could make it easier to get financing for that software or cloud services through the SBA's loan program. You'd be able to borrow money specifically for these tools rather than having to find other ways to pay for them.
Read the official summary (Reported to House, Jun 3, 2026)
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 915
AN ACT
Small Business Technological Advancement Act
Sponsor: Rep. Mark Alford (R-MO-4) · Introduced Feb 4, 2025 · Commerce · 4 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jul 13, 2026: “Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.”
How Congress voted
Official roll callsHouse · On Motion to Suspend the Rules and Pass, as Amended · Jun 24, 2026
Motion to Suspend the Rules and Pass, as Amended Passed 414–4
| Party | Yes | No | Present | Didn’t vote |
|---|---|---|---|---|
| Democrats | 208 | 0 | 0 | 4 |
| Independents | 1 | 0 | 0 | 0 |
| Republicans | 205 | 4 | 1 | 8 |
4 members voted against most of their party: 4 Republicans voted No.
Congress votes on whole bills and amendments, not on single sections.