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Small Business Technological Act of 2025

3/5/2025, 5:08 AM

Summary of Bill HR 915

Bill 119 HR 915, also known as the "Small Business Software Access Act," aims to provide small businesses with access to funding for modern business software. The bill authorizes small business loans specifically for the purpose of financing the purchase and implementation of up-to-date software that can help these businesses operate more efficiently and effectively.

The goal of this legislation is to help small businesses stay competitive in today's rapidly evolving technological landscape. By providing financial assistance for software upgrades, small businesses can streamline their operations, improve productivity, and better serve their customers.

In addition to funding for software purchases, the bill also includes provisions for training and support to ensure that small businesses are able to effectively utilize the new technology. This comprehensive approach is designed to maximize the benefits of the software investments and help small businesses thrive in the digital age. Overall, Bill 119 HR 915 is focused on empowering small businesses to harness the power of modern technology to grow and succeed. By providing access to funding for business software, this legislation aims to level the playing field for small businesses and support their continued growth and success in the competitive marketplace.

Current Status of Bill HR 915

Bill HR 915 is currently in the status of Bill Introduced since February 4, 2025. Bill HR 915 was introduced during Congress 119 and was introduced to the House on February 4, 2025.  Bill HR 915's most recent activity was Referred to the House Committee on Small Business. as of February 4, 2025

Bipartisan Support of Bill HR 915

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 915

Primary Policy Focus

Alternate Title(s) of Bill HR 915

To authorize small business loans to finance access to modern business software, and for other purposes.
To authorize small business loans to finance access to modern business software, and for other purposes.

Comments

Goldie Cole profile image

Goldie Cole

30,713

1 year ago

I think this is a good idea for small businesses to get help with software stuff. It could help them grow and be more successful. Did you know that this bill also includes funding for training programs to help businesses learn how to use the software effectively?

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