A senate committee must act next: committee consideration.
Legislative Progress
Senate
House
President
Law
Could go either way
Bipartisan support for government efficiency helps its chances, but it must compete with larger bills for time on the Senate floor.
Key Points
This bill requires the Small Business Administration to fix its computer systems by following advice from government watchdogs. A recent report found that the agency's new technology systems have risks that need to be addressed quickly to protect data.
The agency must create a detailed plan within six months to show how they will manage these risks. This includes identifying where problems might come from, setting clear rules for safety, and making sure cybersecurity experts are involved in choosing contractors.
The plan must also follow official government guidelines for keeping projects on schedule and under budget. This is meant to prevent the agency from wasting taxpayer money on technology that does not work or takes too long to build.
Small business owners who rely on the agency for loans or support are the most affected. Better technology should lead to smoother applications and better protection for their personal and financial information.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Jul 13, 2026Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Jul 13, 2026
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Source Information
Document Type
Congressional Bill
Official Title
SBA IT Modernization Reporting Act
Bill NumberS 4948
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Small Business and Entrepreneurship.
