Title: Small Business Technological Act of 2025
Vote to pass a bill that authorizes the Small Business Administration (SBA) to finance artificial intelligence that facilitates business operations.
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 (Sec. 2).
Specifies that such software or services include business tools that utilize artificial intelligence (Sec. 2).
NOTE: THIS VOTE WAS TAKEN UNDER A SUSPENSION OF THE RULES TO CUT OFF DEBATE EARLY AND VOTE TO PASS THE BILL, THEREBY REQUIRING A TWO-THIRDS MAJORITY FOR PASSAGE.
Title: Small Business Technological Act of 2025