S. 305 is a bill introduced in the 119th Congress that aims to authorize small business loans to help finance access to modern business software. It amends Section 7(a) of the Small Business Act to allow these loans to cover costs related to business software, cloud...
Simple Explanation
S. 305 is a bill that wants to help small businesses get loans so they can buy new computer programs and tools, like those that help with sales and payroll, without the money being used for inventing new things.