summary
Introduced
07/18/2023
07/18/2023
In Committee
07/18/2023
07/18/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A bill to authorize the Small Business Administration to provide business loans to finance business software or cloud computing services, and for other purposes.
AI Summary
This bill, the Small Business Technological Advancement Act, authorizes the Small Business Administration (SBA) to provide business loans to finance the purchase of business software or cloud computing services. These services can include those that facilitate business operations, product or service delivery, processing and tracking of payroll expenses, human resources, sales and billing functions, or accounting and inventory tracking. The bill aims to help small businesses access and utilize technology to improve their operations and competitiveness.
Committee Categories
Business and Industry
Sponsors (7)
Todd Young (R)*,
John Boozman (R),
Ted Budd (R),
John Hickenlooper (D),
Gary Peters (D),
Jacky Rosen (D),
Jeanne Shaheen (D),
Last Action
Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 07/18/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/2330/all-info |
| BillText | https://www.congress.gov/118/bills/s2330/BILLS-118s2330is.pdf |
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