S.305

Small Business Technological Act of 2025

Introduced·1/29/25
Introduced in Senate Text

Small Business Technological Act of 2025 authorizes loans for modern business software.

The Small Business Technological Act of 2025 amends the Small Business Act to authorize loans for modern business software and cloud computing services. These loans can finance technology that aids in business operations, product delivery, payroll, human resources, sales, billing, and inventory tracking. The act clarifies that prior loans are still permissible and does not authorize loans for research and development.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Small Business And Entrepreneurship Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

May 21, 2025

Senate

Committee on Small Business and Entrepreneurship. Hearings held.

Jan 29, 2025

Senate

Read twice and referred to the Committee on Small Business and Entrepreneurship.