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H.R. 8881: SBA Artificial Intelligence Utilization Act of 2026

119th Congress · introduced 2026-05-19 · Commerce · Latest: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

AI-relatedfederal

What does this mean?

Official title

SBA Artificial Intelligence Utilization Act of 2026

Plain 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.

Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

SBA Artificial Intelligence Utilization Act of 2026

Source: Congressional Research Service summary (Reported to House)

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Officials and money

Sponsor: Rep. Finstad, Brad [R-MN-1] · 1 cosponsors

Money: CBO cost estimate: H.R. 8881, SBA Artificial Intelligence Utilization Act of 2026 (2026-06-16) No linked contracts or vendors yet.

Words on this page, explained (2)
Artificial intelligence (AI)
Computer systems that do tasks that usually need human judgment, such as recognizing images, understanding language or making predictions. Laws about AI often cover how it is used, tested, disclosed or limited.
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr8881 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills