HR 1081 · 119th Congress

Preventing SBA Assistance from Going to China Act

This bill prevents certain businesses from getting help from the Small Business Administration (SBA). Specifically, it blocks two types of companies: those that are located and incorporated in China, and those where Chinese citizens or Chinese-based organizations own more than 25% of the voting stock. The goal is to…

Sponsor

Mills, Cory (R-Florida)

Introduced

2025-02-06

Policy area

Commerce

Latest action

Referred to the House Committee on Small Business.