HR 8497 · 116th Congress · Commerce
Preventing SBA Assistance from Going to China Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Small Business.(2020-10-01)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only