H.R. 8881 · Passed House · Commerce
SBA Artificial Intelligence Utilization Act of 2026
Sponsor: Brad Finstad (R-MN)
What it does
- Require the SBA to submit an annual report on its use of artificial intelligence and machine learning, including benefits and risks.
- Mandate the report include measures the SBA can take to identify, evaluate, and manage AI/ML benefits and risks.
- Require the SBA to explain how it will retain human involvement in decisions informed by AI or machine learning.
- Require the SBA to brief the House and Senate Small Business committees within 30 days of submitting each report.
Official summary
SBA Artificial Intelligence Utilization Act of 2026 This bill requires the Small Business Administration (SBA) to annually report on the SBA's use of artificial intelligence and machine learning. The report must include information about (1) the benefits and risks posed by the SBA's use of artificial intelligence and machine learning; and (2) measures that the SBA can take to identify, evaluate, and manage such benefits and risks, including explanations of how the SBA can retain human involvement in decisions informed by the use of artificial intelligence or machine learning. Additionally, not later than 30 days after submitting each report, the SBA must brief the House Committee on Small Business and the Senate Committee on Small Business and Entrepreneurship about the report.
Latest action
Jun 24, 2026: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee: Senate Small Business and Entrepreneurship