Latest action: Committee on Small Business and Entrepreneurship. Hearings held.
Bill is filed in its originating chamber and assigned a number.
Sponsor
Todd Young (R-IN)
Filed in the Senate.
Next: In Committee
Members of the committee(s) the bill was referred to
Bill to help small businesses use new technology more easily and affordably.
The problem
Small businesses struggle to adopt modern technology due to high costs and lack of knowledge. This limits their growth and competitiveness.
The proposal
The bill provides grants, training programs, and tax incentives to help small businesses buy and use technology like software and equipment.
The impact
Small business owners, employees, and communities benefit from improved business tools. Tech companies gain new customers.
Technology access lets small businesses compete with larger companies. They can serve customers better and grow faster. This strengthens local economies.
Better technology means businesses can expand and hire more workers. Training programs teach people tech skills for good jobs.
Grants and tax breaks make technology affordable for businesses with limited budgets. This helps startups and struggling companies survive.
More small business customers create demand for tech products and services. This helps technology companies grow and hire.
The bill requires federal money for grants and programs. This increases government spending and the deficit. Taxpayers fund these costs.
No official summary exists yet, so the actual rules and requirements are unknown. Implementation costs and effectiveness are unclear.
Some businesses may better navigate grants than others. Rural or less-educated owners might face barriers. Benefits could be uneven.
Businesses need more than technology to succeed, including good management and planning. Money spent on tech might not solve other business problems.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
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