House Bill 8497
116th Congress(2019-2020)
Preventing SBA Assistance from Going to China Act
Introduced
Introduced in House on Oct 1, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
8497
Congress
116
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
Preventing SBA Assistance from Going to China Act
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.
October 1, 2020
10/01/2020
Referred to the House Committee on Small Business.
10/01/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:44:35 PM