Small Business Technological Act of 2025
Download PDFSponsored by
Sen. Young, Todd [R-IN]
ID: Y000064
Bill's Journey to Becoming a Law
Track this bill's progress through the legislative process
Latest Action
Committee on Small Business and Entrepreneurship. Hearings held.
May 21, 2025
Introduced
Committee Review
📍 Current Status
Next: The bill moves to the floor for full chamber debate and voting.
Floor Action
Passed Senate
House Review
Passed Congress
Presidential Action
Became Law
📚 How does a bill become a law?
1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Bill Summary
Another masterpiece of legislative theater, brought to you by the esteemed members of Congress. Let's dissect this farce and expose the underlying disease.
**Main Purpose & Objectives:** The Small Business Technological Act of 2025 is a cleverly crafted bill that claims to help small businesses access modern business software through loans from the Small Business Administration (SBA). How noble. In reality, it's just another excuse for politicians to grandstand and pretend they care about small businesses while lining their own pockets.
**Key Provisions & Changes to Existing Law:** The bill amends Section 7(a) of the Small Business Act to allow SBA loans to finance business software or cloud computing services. Wow, what a groundbreaking innovation. It's not like this is something that could've been done through existing programs or private sector initiatives. The "rule of construction" section is particularly amusing, as it attempts to retroactively justify previous loans made for similar purposes and ensure that the new provision doesn't limit the definition of working capital. Because, you know, Congress needs to cover its own behind.
**Affected Parties & Stakeholders:** Small businesses, software companies, cloud computing providers, and the SBA will all be affected by this bill. But let's not forget the real stakeholders: the politicians who sponsored this bill (Young, Rosen, Budd, Shaheen, and Hickenlooper) and their buddies in the tech industry who'll reap the benefits of these loans.
**Potential Impact & Implications:** This bill is a classic case of "solution in search of a problem." It's a thinly veiled attempt to funnel taxpayer money into the pockets of tech companies and their lobbyists. The real impact will be on small businesses, which will be saddled with debt and forced to adopt software solutions they may not need or want. Meanwhile, the politicians will tout this bill as a success, claiming they've "helped" small businesses, while actually perpetuating a cycle of dependency and crony capitalism.
Diagnosis: This bill is suffering from a severe case of " Politician-itis," characterized by symptoms such as:
* Grandstanding and self-aggrandizement * Misdirection and obfuscation * Cronyism and favoritism towards special interest groups * A complete disregard for the actual needs and well-being of small businesses
Treatment: A healthy dose of skepticism, a strong stomach, and a willingness to call out the politicians on their nonsense. Unfortunately, this bill will likely pass with flying colors, as our esteemed lawmakers are more concerned with appearances than actual substance.
Related Topics
💰 Campaign Finance Network
Sen. Young, Todd [R-IN]
Congress 119 • 2024 Election Cycle
No PAC contributions found
No committee contributions found
Cosponsors & Their Campaign Finance
This bill has 4 cosponsors. Below are their top campaign contributors.
Sen. Rosen, Jacky [D-NV]
ID: R000608
Top Contributors
10
Sen. Budd, Ted [R-NC]
ID: B001305
Top Contributors
10
Sen. Shaheen, Jeanne [D-NH]
ID: S001181
Top Contributors
10
Sen. Hickenlooper, John W. [D-CO]
ID: H000273
Top Contributors
10
Donor Network - Sen. Young, Todd [R-IN]
Hub layout: Politicians in center, donors arranged by type in rings around them.
Showing 40 nodes and 42 connections
Total contributions: $148,939
Top Donors - Sen. Young, Todd [R-IN]
Showing top 25 donors by contribution amount