No Small Business Aid for 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, (2) has more than 25% of voting stock owned by affiliates that are citizens of or organized under the laws of China, or (3) is known to be associated with human rights violations that have occurred in Xinjiang Province, China.
Administrative law and regulatory proceduresAsiaChinaCorporate finance and managementForeign and international corporationsHuman rightsSecuritiesSmall businessSmall Business AdministrationU.S. and foreign investments
No Small Business Aid for China Act
USA116th CongressHR-8666| House
| Updated: 10/23/2020
No Small Business Aid for 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, (2) has more than 25% of voting stock owned by affiliates that are citizens of or organized under the laws of China, or (3) is known to be associated with human rights violations that have occurred in Xinjiang Province, China.
Administrative law and regulatory proceduresAsiaChinaCorporate finance and managementForeign and international corporationsHuman rightsSecuritiesSmall businessSmall Business AdministrationU.S. and foreign investments