H.R. 8497 · 116th Congress

Preventing SBA Assistance from Going to China Act

Stage
In committee
Introduced
2020-10-01
Latest action
2020-10-01 · Introduced in House

Summary

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.