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.
Administrative law and regulatory proceduresAsiaChinaCorporate finance and managementForeign and international corporationsSecuritiesSmall businessSmall Business AdministrationU.S. and foreign investments
Preventing SBA Assistance from Going to China Act of 2021
USA117th CongressS-993| Senate
| Updated: 3/25/2021
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.
Administrative law and regulatory proceduresAsiaChinaCorporate finance and managementForeign and international corporationsSecuritiesSmall businessSmall Business AdministrationU.S. and foreign investments