S 993 · 117th Congress

Preventing SBA Assistance from Going to China Act of 2021

<p><b>Preventing SBA Assistance from Going to China Act of 2021</b></p> <p>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. </p>

Sponsor

Rubio, Marco (R-FL)

Introduced

2021-03-25

Policy area

Commerce

Latest action

Read twice and referred to the Committee on Small Business and Entrepreneurship.