Search

Search bills, members, committees and pages...

Sign In

S. 305

U.S. Senate•In Senate Committee

Summary

S. 305, the Small Business Technological Act of 2025, was introduced in the Senate on Jan 29, 2025 by Sen. Todd Young (R) with 4 co-sponsors. It was referred to Small Business And Entrepreneurship, and last saw action on May 21, 2025: Committee on Small Business and Entrepreneurship. Hearings held.

Record

Text

S. 305 has 4 co-sponsors.

sb305/introduced-in-senate.txt
119 S305 IS: Small Business Technological Act of 2025
 U.S. Senate
 2025-01-29
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 305  IN THE SENATE OF THE UNITED STATES   January 29, 2025   Mr. Young  (for himself,  Ms. Rosen ,  Mr. Budd ,  Mrs. Shaheen , and  Mr. Hickenlooper ) introduced the following bill; 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 software, and for other purposes.
1.
Short title
This Act may be cited as the   Small Business Technological Act of 2025  .
2.
Additional uses for small business administration business loans
(a)
In general
Section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) is amended by adding at the end the following:
(38)
Access to modern business software
The Administration may provide loans under this subsection to finance, in whole or in part, business software or cloud computing services, or any such technology, that facilitates business operations, product or service delivery, the processing, payment, or tracking of payroll expenses, human resources, sales and billing functions, or accounting or tracking of supplies, inventory, records and expenses, including business tools that utilize artificial intelligence.
 .
(b)
Rule of construction
Nothing in the amendment made by subsection (a) shall be construed to—
(1)
provide that loans made under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) before the date of enactment of this Act for the purposes described in paragraph (38) of such section 7(a), as added by subsection (a), were not permissible;
(2)
authorize the use of loans made under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) for research and development purposes; or
(3)
limit the definition of working capital under the Small Business Act ( 15 U.S.C. 631 et seq. ).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-01-29
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

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

Sponsors

Sen. Todd Young (R) sponsors S. 305, and 4 members have co-sponsored it, all of them from the day it was introduced.

Committees

S. 305 went before 1 committee: Small Business and Entrepreneurship.

Small Business and Entrepreneurship
Small Business and Entrepreneurship
Hearings By (full committee) · May 21, 2025 · 80 Bills

Actions

S. 305 has taken 3 actions since Jan 29, 2025, the latest on May 21, 2025.

ChamberAction
May 21, 2025
Senate
Committee on Small Business and Entrepreneurship. Hearings held.Small Business and Entrepreneurship Committee
Jan 29, 2025
Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.Small Business and Entrepreneurship Committee
Jan 29, 2025
—
Introduced in Senate

Votes

S. 305 has not gone to a roll call.

1 bill is related to S. 305.

Titles

S. 305 goes by 3 titles, 1 of them short titles.

  • Small Business Technological Act of 2025 — Display Title
  • Small Business Technological Act of 2025 — Short Title(s) as Introduced
  • A bill to authorize small business loans to finance access to modern business software, and for other purposes. — Official Title as Introduced

Lobbying

4 clients hired 7 firms and 40 registered lobbyists who named S. 305 in 12 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Small Business, Budget/Appropriations, Financial Institutions/Investments/Securities, Taxation/Internal Revenue Code, Computer Industry, Copyright/Patent/Trademark, Consumer Issues/Safety/Products, Science/Technology.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
NATIONAL SMALL BUSINESS ASSOCIATION—District of Columbia16—
INTUIT, INC. AND AFFILIATESFintechDistrict of Columbia44$190K
STANTON PARK GROUP LLC ON BEHALF OF INTUIT, INC. AND AFFILIATESConsultingMaryland11$10K
INTUIT, INC. AND AFFILIATES (FORMERLY INTUIT, INC.)—District of Columbia11—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
NATIONAL SMALL BUSINESS ASSOCIATION16—
CAPITOL COUNSEL LLC11$50K
DGSR LLC11$10K
INTUIT, INC. AND AFFILIATES (FORMERLY INTUIT, INC.)11—
JAKE PERRY + PARTNERS11$30K
MINDSET ADVOCACY, LLC11$60K
STANTON PARK GROUP11$50K

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 40.

LobbyistFirmsClientsFilings
JOHN FURTH116
TODD MCCRACKEN116
RACHEL GREY114
REED WESTCOTT114
AISLING MCDONOUGH111
ALEXANDER MONTERRUBIO111
ANN JABLON111
BRIAN MCCULLOUGH111
BRYAN WELLS111
CHARLIE SCHREIBER111
DANIEL EUBANKS111
DAVID BRIDGES111
DAVID OLANDER111
DION SPENCER111
DREW GOESL111
ERIK RETTIG111
JACK CAMPBELL111
JAKE PERRY111
JAMES DERDERIAN111
JONATHAN KOTT111

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
INTUIT, INC. AND AFFILIATES (FORMERLY INTUIT, INC.)INTUIT, INC. AND AFFILIATES (FORMERLY INTUIT, INC.)2025 first_quarter$1.2M1st Quarter - Report
NATIONAL SMALL BUSINESS ASSOCIATIONNATIONAL SMALL BUSINESS ASSOCIATION2025 second_quarter$60K2nd Quarter - Report
INTUIT, INC. AND AFFILIATESMINDSET ADVOCACY, LLC2025 first_quarter$60K1st Quarter - Report
NATIONAL SMALL BUSINESS ASSOCIATIONNATIONAL SMALL BUSINESS ASSOCIATION2025 third_quarter$50K3rd Quarter - Report
INTUIT, INC. AND AFFILIATESSTANTON PARK GROUP2025 first_quarter$50K1st Quarter - Report
NATIONAL SMALL BUSINESS ASSOCIATIONNATIONAL SMALL BUSINESS ASSOCIATION2025 first_quarter$50K1st Quarter - Report
INTUIT, INC. AND AFFILIATESCAPITOL COUNSEL LLC2025 first_quarter$50K1st Quarter - Report
NATIONAL SMALL BUSINESS ASSOCIATIONNATIONAL SMALL BUSINESS ASSOCIATION2025 fourth_quarter$30K4th Quarter - Report
INTUIT, INC. AND AFFILIATESJAKE PERRY + PARTNERS2025 first_quarter$30K1st Quarter - Report
NATIONAL SMALL BUSINESS ASSOCIATIONNATIONAL SMALL BUSINESS ASSOCIATION2026 second_quarter$16K2nd Quarter - Report
NATIONAL SMALL BUSINESS ASSOCIATIONNATIONAL SMALL BUSINESS ASSOCIATION2026 first_quarter$15K1st Quarter - Report
STANTON PARK GROUP LLC ON BEHALF OF INTUIT, INC. AND AFFILIATESDGSR LLC2025 first_quarter$10K1st Quarter - Report

Classification

The Congressional Research Service files S. 305 under Commerce, one of its 31 policy areas, and gives it 3 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 305’s is Commerce.

s305/policy-areas.txt
CommerceAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

S. 305 carries 3 of CRS’s legislative subjects, from Advanced technology and technological innovations to Government lending and loan guarantees.

s305/subjects.txt
Advanced technology and technological innovationsComputer security and identity theftGovernment lending and loan guarantees

Source: congress.gov · legiscan.com