I 119THCONGRESS 1 STSESSION H. R. 915 To authorize small business loans to finance access to modern business software, and for other purposes. IN THE HOUSE OF REPRESENTATIVES FEBRUARY4, 2025 Mr. A LFORD(for himself and Ms. LEEof Nevada) introduced the following bill; which was referred to the Committee on Small Business A BILL To authorize small business loans to finance access to modern business software, and for other purposes. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Small Business Tech-4 nological Act of 2025’’. 5 SEC. 2. ADDITIONAL USES FOR SMALL BUSINESS ADMINIS-6 TRATION BUSINESS LOANS. 7 (a) I NGENERAL.—Section 7(a) of the Small Busi-8 ness Act (15 U.S.C. 636(a)) is amended by adding at the 9 end the following: 10 VerDate Sep 11 2014 00:04 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H915.IH H915 kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 •HR 915 IH ‘‘(38) ACCESS TO MODERN BUSINESS SOFT -1 WARE.—The Administration may provide loans 2 under this subsection to finance, in whole or in part, 3 business software or cloud computing services, or 4 any such technology, that facilitates business oper-5 ations, product or service delivery, the processing, 6 payment, or tracking of payroll expenses, human re-7 sources, sales and billing functions, or accounting or 8 tracking of supplies, inventory, records and ex-9 penses, including business tools that utilize artificial 10 intelligence.’’. 11 (b) R ULE OF CONSTRUCTION.—Nothing in the 12 amendment made by subsection (a) shall be construed 13 to— 14 (1) provide that loans made under section 7(a) 15 of the Small Business Act (15 U.S.C. 636(a)) before 16 the date of enactment of this Act for the purposes 17 described in paragraph (38) of such section 7(a), as 18 added by subsection (a), were not permissible; 19 (2) authorize the use of loans made under sec-20 tion 7(a) of the Small Business Act (15 U.S.C. 21 636(a)) for research and development purposes; or 22 (3) limit the definition of working capital under 23 the Small Business Act (15 U.S.C. 631 et seq.). 24 Æ VerDate Sep 11 2014 00:04 Mar 01, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H915.IH H915 kjohnson on DSK7ZCZBW3PROD with $$_JOB