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S.3586 · 119TH CONGRESS

AI for Mainstreet Act

Status
In Committee
Latest Action
2026-01-07
Sponsor
Young, Todd (R-Indiana)
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
1
Full Text
2,569 chars
Alive
Yes

What This Bill Does · Plain English

Summary
Plain-English summary not yet available for this bill. Check back after our next analysis run.

Action Timeline

2026-01-07
Read twice and referred to the Committee on Small Business and Entrepreneurship.
2026-01-07
Introduced in Senate

Frequently Asked Questions

Did S.3586 pass?
S.3586 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored S.3586?
S.3586 was sponsored by Todd Young (R-Indiana).

Full Bill Text

119 S3586 IS: AI for Mainstreet Act U.S. Senate 2026-01-07 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 2d Session S. 3586 IN THE SENATE OF THE UNITED STATES January 7, 2026 Mr. Young (for himself and Ms. Cantwell ) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To amend the Small Business Act to require small business development centers to assist small business concerns with the use of artificial intelligence, and for other purposes. 1. Short title This Act may be cited as the AI for Mainstreet Act . 2. Guidance on the use of artificial intelligence for small business concerns (a) In general Section 21(c)(3) of the Small Business Act ( 15 U.S.C. 648(c)(3) ) is amended— (1) in subparagraph (T), by striking and at the end; (2) in the first subparagraph (U) (relating to encouraging and assisting the provision of succession planning), by striking the period at the end and inserting a semicolon; (3) by redesignating the second subparagraph (U) (relating to providing training in conjunction with the United States Patent and Trademark Office) as subparagraph (V); (4) in subparagraph (V), as so redesignated, by striking the period at the end and inserting ; and ; and (5) by adding at the end the following: (W) assisting small business concerns in evaluating artificial intelligence concerning operations, including by— (i) providing information, guidance, and training to small business concerns on the use of artificial intelligence, including— (I) best practices for using artificial intelligence; (II) using artificial intelligence to plan for unexpected circumstances, protect data and intellectual property, improve cybersecurity, facilitate regulatory compliance, and improve customer trust; and (III) incorporating artificial intelligence into business operations; and (ii) conducting outreach to the extent practical to small business concerns regarding the use of artificial intelligence. . (b) Conforming amendment Section 3 of the Small Business Act ( 15 U.S.C. 632 ) is amended by adding at the end the following: (gg) Artificial intelligence In this Act, the term artificial intelligence has the meaning given the term in section 5002 of the National Artificial Intelligence Initiative Act of 2020 ( 15 U.S.C. 9401 ). . (c) No additional funds No additional amounts are authorized to carry out this Act or the amendments made by this Act.
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Bill text sourced from GovInfo.gov · public domain · last updated 2026-09-14. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice. [live render]