HOUSE 2169117th CongressReferred to the House Committee on Small Business.
Preventing SBA Assistance from Going to China Act
- Last Action
- 3/23/2021
Actions
- 2021-03-23Referred to the House Committee on Small Business.
- 2021-03-23Introduced in House
- 2021-03-23Introduced in House
CRS Summary
As of 2021-03-23 (00)
Preventing SBA Assistance from Going to China Act
This bill prohibits the Small Business Administration from providing aid, counsel, or assistance to a small business concern that (1) is headquartered in China, or (2) has more than 25% of voting stock owned by citizens of China.
Cosponsors (6)
- Jim Banks (R-IN)
- Jody Hice (R-GA)
- Scott Perry (R-PA)
- Ted Budd (R-NC)
- Louie Gohmert (R-TX)
- Debbie Lesko (R-AZ)
Subjects
- Administrative law and regulatory procedures
- Asia
- China
- Corporate finance and management
- Foreign and international corporations
- Securities
- Small Business Administration
- Small business
- U.S. and foreign investments
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.