Requires Reports on AI Use in Small Business
Official: SBA Artificial Intelligence Utilization Act of 2026
This bill requires the Small Business Administration to report on its use of artificial intelligence and machine learning, including benefits and risks.
SBA Artificial Intelligence Utilization Act of 2026This 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.
1. The Small Business Administration must report on how it uses artificial intelligence and machine learning. 2. Reports will include benefits and risks of using these technologies in the Administration's work. 3. The Administrator will suggest ways to manage the benefits and risks of artificial intelligence. 4. The Administrator must provide a briefing to Congress within 30 days after each report is submitted. 5. This law aims to ensure human involvement in important decisions influenced by artificial intelligence.