Small Business Technological Advancement Act

Hozzl · 2026-07-23T23:06:24Z

Explore the details of House Bill 915 Small Business Technological Advancement Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

7/23/2026, 11:06 PM

Summary of Bill HR 915

Bill 119 HR 915, also known as the "Small Business Software Access Act," aims to provide small businesses with access to funding for modern business software. The bill authorizes small business loans specifically for the purpose of financing the purchase and implementation of up-to-date software that can help these businesses operate more efficiently and effectively.

The goal of this legislation is to help small businesses stay competitive in today's rapidly evolving technological landscape. By providing financial assistance for software upgrades, small businesses can streamline their operations, improve productivity, and better serve their customers.

In addition to funding for software purchases, the bill also includes provisions for training and support to ensure that small businesses are able to effectively utilize the new technology. This comprehensive approach is designed to maximize the benefits of the software investments and help small businesses thrive in the digital age. Overall, Bill 119 HR 915 is focused on empowering small businesses to harness the power of modern technology to grow and succeed. By providing access to funding for business software, this legislation aims to level the playing field for small businesses and support their continued growth and success in the competitive marketplace.

Congressional Summary of HR 915

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.

Read the Full Bill

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Current Status of Bill HR 915

Bill HR 915 is currently in the status of Introduced to Senate since July 13, 2026. Bill HR 915 was introduced during Congress 119 and was introduced to the House on February 4, 2025. Bill HR 915's most recent activity was Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. as of July 13, 2026

Bipartisan Support of Bill HR 915

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 915

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 915

To authorize small business loans to finance access to modern business software, and for other purposes.

Comments

River Harper

969

16 days ago

As a Republican from Hawaii, I fully support this bill. It will provide small businesses with the technological tools they need to thrive in today's digital world. This bill will help create jobs, boost the economy, and increase innovation in our country. It's a step in the right direction for small business owners like myself. #HRBill915 #SmallBusinessTechAct