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Small Business Technological Advancement Act
7/7/2026, 8:30 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.
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
Current Status of Bill HR 915
Bill HR 915 is currently in the status of Passed in House since June 24, 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 Motion to reconsider laid on the table Agreed to without objection. as of June 24, 2026
Bipartisan Support of Bill HR 915
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
4Democrat Cosponsors
4Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 915
Primary Policy Focus
CommerceAlternate Title(s) of Bill HR 915
To authorize small business loans to finance access to modern business software, and for other purposes.
To authorize small business loans to finance access to modern business software, and for other purposes.
Comments
Sponsors and Cosponsors of HR 915
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