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H.R. 8881119th CongressPassed one chamberLatest action Jun 24, 2026Decoded by AI · checked against the record
Official title: SBA Artificial Intelligence Utilization Act of 2026
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill would require the SBA to report yearly to Congress on its use of AI and related risks.
45-second read · 4 questions answered below
The SBA Artificial Intelligence Utilization Act of 2026 would require the SBA Administrator to send Congress a detailed report on the agency's AI and machine learning use within 90 days of enactment, then annually. Reports must cover benefits, risks, risk management plans, human oversight of decisions, and evaluation of which tasks AI can reliably handle. The Administrator must also brief Congress in person within 30 days of each report.
The SBA and its Administrator are directly responsible for the new reporting requirements. Small business owners who interact with SBA loan processing, fraud detection, or customer service could be indirectly affected.
The bill increases congressional oversight of SBA's internal AI adoption without changing loan programs or services directly. It could set a model for AI oversight at other federal agencies.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.