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HR 8497 116th Congress House Commerce Administrative law and regulatory procedures Asia China Corporate finance and management Foreign and international corporations Securities Small Business Administration Small business U.S. and foreign investments

Preventing SBA Assistance from Going to China Act

Introduced: October 1, 2020 Introduced by: Smith, Jason Republican · Missouri See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 2020
Referred to the House Committee on Small Business.
Oct 1, 2020
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now October 1, 2020

Referred to the House Committee on Small Business.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 3