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Sba Artificial Intelligence Utilization Act of 2026

Floor Speech

Date: June 23, 2026
Location: Washington, DC

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Mr. FINSTAD. Mr. Speaker, I thank Chairman Williams for yielding.

Mr. Speaker, I rise today in support of my bill, H.R. 8881, the SBA Artificial Intelligence Utilization Act.

In a time when artificial intelligence and machine learning continue to become more accessible and revolutionize the way businesses operate, it is important to ensure our Federal agencies adopt AI responsibly, especially in the SBA.

This legislation requires the Small Business Administration to report its use of AI and machine learning within their operations, while also assessing the advantages and risks.

This legislation also gives SBA the opportunity to assess the appropriateness, effectiveness, and value of using these technologies.

AI can be a useful tool for the SBA to process information and ease its implementation, but it also raises questions about transparency, oversight, and risks.

This does not mandate the use of AI or prohibit innovation in our Small Business Administration, but instead ensures commonsense congressional oversight into how these tools are being used.

Congress has the responsibility to ensure Federal agencies are using this ever-changing technology transparently, responsibly, and effectively, and my bill ensures just that.

Mr. Speaker, I urge a ``yes'' vote.

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