SBA Artificial Intelligence Utilization Act of 2026
To amend the Small Business Act to require the Administrator of the Small Business Administration to report on the use of artificial intelligence and machine learning by the Administration, and for other purposes.
HB8881, known as the SBA Artificial Intelligence Utilization Act of 2026, aims to make the Small Business Administration (SBA) report on how it uses artificial intelligence (AI) and machine learning. The bill was introduced to ensure transparency and assess the impact of these technologies on small businesses. It has been sponsored by Representative Brad Finstad (Republican) and Representative George Latimer (Democrat), showing bipartisan support.
The bill has made significant progress, recently passing the House with a voice vote. It has been referred to the Senate Committee on Small Business and Entrepreneurship for further review. As of June 24, 2026, the bill has been received in the Senate and read twice. This bill is an effort to help small businesses better understand and leverage AI and machine learning technologies.
Key actions include the bill's introduction on May 19, 2026, referral to the House Committee on Small Business, and subsequent passage by the House on June 23, 2026. The Senate is currently reviewing the bill, which could lead to further discussions and potential amendments.
