A bill to prohibit certain business concerns from receiving assistance from the Small Business Administration, and for other purposes.
Preventing SBA Assistance from Going to China Act of 2023
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.
Introduced in Senate
Read twice and referred to the Committee on Small Business and Entrepreneurship.
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