Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
Senate Bill 75
116th Congress(2019-2020)
Preventing SBA Assistance from Going to China Act of 2019
Introduced
Introduced
Introduced in Senate on Jan 10, 2019
Overview
Text
Introduced in Senate 
Jan 10, 2019
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in Senate(Jan 10, 2019)
Jan 10, 2019
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
S. 75 (Introduced-in-Senate)


116th CONGRESS
1st Session
S. 75


To prohibit certain business concerns from receiving assistance from the Small Business Administration, and for other purposes.

IN THE SENATE OF THE UNITED STATES

January 10, 2019

Mr. Rubio (for himself and Ms. Ernst) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

A BILL

To prohibit certain business concerns from receiving assistance from the Small Business Administration, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Preventing SBA Assistance from Going to China Act of 2019”.

SEC. 2. Prohibition on affiliation with the People's Republic of China.

(a) In general.—Section 3(a) of the Small Business Act (15 U.S.C. 632(a)) is amended by adding at the end the following:

“(10) PROHIBITION ON AFFILIATION WITH THE PEOPLE'S REPUBLIC OF CHINA.—For purposes of this Act, a small business concern may not—

“(A) be headquarted in the People's Republic of China; or

“(B) have more than 25 percent of the voting stock of the small business concern owned by affiliates that are citizens of the People's Republic of China.”.

(b) Regulations and guidance.—The Administrator of the Small Business Administration shall amend the regulations and guidance of the Administration, including sections 120.100, 120.110, and 121.105 of title 13, Code of Federal Regulations, to carry out the amendment made by this Act.