H.R. 915 · 119th Congress
Small Business Technological Advancement Act
Status: Passed House
- Introduced (done)
- Committee (done)
- Passed House (current)
- Passed Senate
- To President
- Law
Latest action
: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Summary
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.
Summary by the Congressional Research Service.
Actions
- Senate
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- House
Motion to reconsider laid on the table Agreed to without objection.
- 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).
- House
Considered as unfinished business. (consideration: CR H4227)
- House
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 The point of no quorum was considered as withdrawn.
- House
DEBATE - The House proceeded with forty minutes of debate on H.R. 915.
- House
Considered under suspension of the rules. (consideration: CR H4142-4143; text: CR H4142)
- House
Mr. Williams (TX) moved to suspend the rules and pass the bill, as amended.
- House
Placed on the Union Calendar, Calendar No. 591.
- House
Reported by the Committee on Small Business. H. Rept. 119-678.
- House
Ordered to be Reported by the Yeas and Nays: 23 - 0.
- House
Committee Consideration and Mark-up Session Held
Show 2 earlier actions
- House
Referred to the House Committee on Small Business.
Introduced in House
Roll-call votes
On Motion to Suspend the Rules and Pass, as Amended (Passed, 414–4)