| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 1081 |
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| 5 | 5 | | To prohibit certain business concerns from receiving assistance from the |
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| 6 | 6 | | Small Business Administration, and for other purposes. |
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| 7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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| 8 | 8 | | FEBRUARY6, 2025 |
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| 9 | 9 | | Mr. M |
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| 10 | 10 | | ILLS(for himself, Mr. WEBSTERof Florida, Mr. STEUBE, Mr. BAIRD, |
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| 11 | 11 | | Mr. B |
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| 12 | 12 | | UCHANAN, Mr. DESJARLAIS, and Mr. PERRY) introduced the fol- |
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| 13 | 13 | | lowing bill; which was referred to the Committee on Small Business |
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| 14 | 14 | | A BILL |
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| 15 | 15 | | To prohibit certain business concerns from receiving assist- |
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| 16 | 16 | | ance from the Small Business Administration, and for |
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| 17 | 17 | | other purposes. |
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| 18 | 18 | | Be it enacted by the Senate and House of Representa-1 |
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| 19 | 19 | | tives of the United States of America in Congress assembled, 2 |
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| 20 | 20 | | SECTION 1. SHORT TITLE. 3 |
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| 21 | 21 | | This Act may be cited as the ‘‘Preventing SBA As-4 |
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| 22 | 22 | | sistance from Going to China Act’’. 5 |
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| 23 | 23 | | VerDate Sep 11 2014 05:30 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H1081.IH H1081 |
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| 24 | 24 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 25 | 25 | | •HR 1081 IH |
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| 26 | 26 | | SEC. 2. PROHIBITION ON SMALL BUSINESS CONCERN AF-1 |
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| 27 | 27 | | FILIATION WITH THE PEOPLE’S REPUBLIC OF 2 |
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| 28 | 28 | | CHINA. 3 |
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| 29 | 29 | | Section 3(a) of the Small Business Act (15 U.S.C. 4 |
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| 30 | 30 | | 632(a)) is amended by adding at the end the following: 5 |
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| 31 | 31 | | ‘‘(10) P |
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| 32 | 32 | | ROHIBITION ON AFFILIATION WITH THE 6 |
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| 33 | 33 | | PEOPLE’S REPUBLIC OF CHINA .—For purposes of 7 |
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| 34 | 34 | | this Act, a concern may not be considered a small 8 |
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| 35 | 35 | | business concern if such concern is— 9 |
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| 36 | 36 | | ‘‘(A) located and incorporated in the Peo-10 |
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| 37 | 37 | | ple’s Republic of China; or 11 |
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| 38 | 38 | | ‘‘(B) has more than 25 percent of the vot-12 |
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| 39 | 39 | | ing stock of the concern owned by affiliates that 13 |
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| 40 | 40 | | are citizens of or organized under the laws of 14 |
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| 41 | 41 | | the People’s Republic of China.’’. 15 |
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| 42 | 42 | | Æ |
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| 43 | 43 | | VerDate Sep 11 2014 05:30 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H1081.IH H1081 |
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| 44 | 44 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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