[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8666 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 8666

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


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 23, 2020

  Mr. Jacobs introduced the following bill; which was referred to the 
                      Committee on Small Business

_______________________________________________________________________

                                 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 ``No Small Business Aid for China 
Act''.

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 headquartered in the People's Republic of 
                China;
                    ``(B) have more than 25 percent of the voting stock 
                of the small business concern owned by affiliates that 
                are citizens of or organized under the laws of the 
                People's Republic of China; or
                    ``(C) be known to be associated with human rights 
                violations that have occurred in Xinjiang Province, 
                China.''.
    (b) Regulations and Guidance.--Not later than 6 months after the 
date of the enactment of this Act, 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.
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