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SBA Artificial Intelligence Utilization Act of 2026
Summary
The bill amends the Small Business Act to require the SBA Administrator to submit a report within 90 days of enactment and annually thereafter documenting the Small Business Administration's use of artificial intelligence and machine learning technologies. The reports must explain how the SBA currently deploys these technologies, analyze the benefits and potential risks associated with specific applications, and describe risk-management strategies to maintain human decision-making authority and identify which tasks AI can and cannot reliably perform. The reports must also detail how the SBA selects appropriate AI tools for specific functions and evaluates whether adopted systems genuinely address organizational needs. Within 30 days of submitting each report, the Administrator must brief the House and Senate Small Business committees on the findings.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Finstad, Brad [R-MN-1] (R-MN)
1 cosponsor
Actions (13)
- Jun 24, 2026 Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. · senate
- Jun 23, 2026 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4148) · house
- Jun 23, 2026 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4148)
- Jun 23, 2026 Motion to reconsider laid on the table Agreed to without objection. · house
- Jun 23, 2026 DEBATE - The House proceeded with forty minutes of debate on H.R. 8881. · house
- Jun 23, 2026 Considered under suspension of the rules. (consideration: CR H4148-4149) · house
- Jun 23, 2026 Mr. Williams (TX) moved to suspend the rules and pass the bill. · house
- Jun 3, 2026 Placed on the Union Calendar, Calendar No. 594. · house
- Jun 3, 2026 Reported by the Committee on Small Business. H. Rept. 119-681. · house
- May 20, 2026 Ordered to be Reported by the Yeas and Nays: 23 - 0. · house
- May 20, 2026 Committee Consideration and Mark-up Session Held · house
- May 19, 2026 Referred to the House Committee on Small Business. · house
- May 19, 2026 Introduced in House
More bills on these subjects (8)
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Similar bills (6)
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Committee action
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Full text
IN THE SENATE OF THE UNITED STATES
June 24, 2026
Received; read twice and referred to the Committee on Small Business and Entrepreneurship
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