SENATE 993117th CongressRead twice and referred to the Committee on Small Business and Entrepreneurship.
Preventing SBA Assistance from Going to China Act of 2021
- Last Action
- 3/25/2021
Actions
- 2021-03-25Read twice and referred to the Committee on Small Business and Entrepreneurship.
- 2021-03-25Introduced in Senate
CRS Summary
As of 2021-03-25 (00)
Preventing SBA Assistance from Going to China Act of 2021
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 (3)
- Joni Ernst (R-IA)
- John Kennedy (R-LA)
- Josh Hawley (R-MO)
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.