Preventing SBA Assistance from Going to China Act of 2021

Fact Sheet API

Bill Number

S 993

Introduced

Mar 25, 2021

Latest Action

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

Sponsor

Cosponsors

Topics

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

Full Text

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Votes

Summary

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.

Actions

Mar 25, 2021

Read twice and referred to the Committee on Small Business and Entrepreneurship.
Mar 25, 2021

Introduced in Senate

Amendments

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