HR 915 · Passed House · 07-13-26
Small Business Technological Advancement Act
What does the Small Business Technological Advancement Act do?
HR 915 is a House bill sponsored by Rep. Mark Alford (R-MO). Clarifies that the Small Business Administration’s main 7(a) loan program can be used to pay for business software and cloud computing services, including tools that use artificial intelligence. It confirms these are allowable uses for small business loans. Authorizes SBA 7(a) business loans to finance business software and cloud computing services, including AI tools.
Did HR 915 pass? Where it stands
As of August 24, 2026, HR 915 has passed the House.
Status: Passed House
Latest vote: House Passed 414–4 on June 24, 2026
Outlook: Possible
Key provisions
- Software and Cloud as Loan Uses
- SBA 7(a) loans may finance business software and cloud computing services
- Covers tools for payroll, HR, sales, billing, accounting, and inventory
- Expressly includes business tools that use artificial intelligence
Last updated July 30, 2026