[Congressional Record Volume 169, Number 120 (Thursday, July 13, 2023)]
[Senate]
[Pages S2661-S2662]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 528. Mr. RUBIO submitted an amendment intended to be proposed by 
him to the bill S. 2226, to authorize appropriations for fiscal year 
2024 for military activities of the Department of Defense, for military 
construction, and for defense activities of the Department of Energy, 
to prescribe military personnel strengths for such fiscal year, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the appropriate place in subtitle G of title X of 
     division A, insert the following:

     SEC. __. 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; 
     or

[[Page S2662]]

       ``(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.''.
                                 ______