,,ii  #aaith ,,congress  #ast ,session  
,s4 #cje  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,january #bi1       
#bjbe,mr4 ,young 7for himself1 ,ms4     
,rosen1 ,mr4 ,budd1 ,mrs4 ,shaheen1 and 
,mr4 ,hickenlooper7 introduced the      
following bill2 which was read twice and
 referred to the ,committee on ,small   
,business and ,entrepreneurship  ,a     
,,bill  ,to authorize small business    
loans to finance access to modern       
business software1 and for other        
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,small ,business    
,technological ,act of #bjbe4  #b4      
,additional uses for small business     
administration business loans  7a7 ,in  
general ,section #g7;a7 of the ,small   
,business ,act 7#ae ,u4,s4,c4 #fcf7;a77 
is amended by adding at the end the     
following3  7#ch7 ,access to modern     
business software ,the ,administration  
may provide loans under this subsection 
to finance1 in whole or in part1        
business software or cloud computing    

services1 or any such technology1 that  
facilitates business operations1 product
 or service delivery1 the processing1   
payment1 or tracking of payroll         
expenses1 human resources1 sales and    
billing functions1 or accounting or     
tracking of supplies1 inventory1 records
 and expenses1 including business tools 
that utilize artificial intelligence4  4
  7b7 ,rule of construction ,nothing in 
the amendment made by subsection 7a7    
shall be construed to-- 7#a7 provide    
that loans made under section #g7;a7 of 
the ,small ,business ,act 7#ae ,u4,s4,c4
 #fcf7;a77 before the date of enactment 
of this ,act for the purposes described 
in paragraph 7#ch7 of such section      
#g7;a71 as added by subsection 7a71 were
 not permissible2  7#b7 authorize the   
use of loans made under section #g7;a7  
of the ,small ,business ,act 7#ae       
,u4,s4,c4 #fcf7;a77 for research and    
development purposes2 or  7#c7 limit the
 definition of working capital under the
 ,small ,business ,act 7#ae ,u4,s4,c4   

#fca et seq474