Us Congress 2025-2026 Regular Session

Us Congress House Bill HB1081 Latest Draft

Bill / Introduced Version Filed 03/11/2025

                            I 
119THCONGRESS 
1
STSESSION H. R. 1081 
To prohibit certain business concerns from receiving assistance from the 
Small Business Administration, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY6, 2025 
Mr. M
ILLS(for himself, Mr. WEBSTERof Florida, Mr. STEUBE, Mr. BAIRD, 
Mr. B
UCHANAN, Mr. DESJARLAIS, and Mr. PERRY) introduced the fol-
lowing bill; which was referred to the Committee on Small Business 
A BILL 
To prohibit certain business concerns from receiving assist-
ance from the Small Business Administration, and for 
other purposes. 
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Preventing SBA As-4
sistance from Going to China Act’’. 5
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•HR 1081 IH
SEC. 2. PROHIBITION ON SMALL BUSINESS CONCERN AF-1
FILIATION WITH THE PEOPLE’S REPUBLIC OF 2
CHINA. 3
Section 3(a) of the Small Business Act (15 U.S.C. 4
632(a)) is amended by adding at the end the following: 5
‘‘(10) P
ROHIBITION ON AFFILIATION WITH THE 6
PEOPLE’S REPUBLIC OF CHINA .—For purposes of 7
this Act, a concern may not be considered a small 8
business concern if such concern is— 9
‘‘(A) located and incorporated in the Peo-10
ple’s Republic of China; or 11
‘‘(B) has more than 25 percent of the vot-12
ing stock of the concern owned by affiliates that 13
are citizens of or organized under the laws of 14
the People’s Republic of China.’’. 15
Æ 
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