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I
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 assist-
ance from the Small Business Administration, and for
other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘No Small Business
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Aid for China Act’’.
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SEC. 2. PROHIBITION ON AFFILIATION WITH THE PEOPLE’S
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REPUBLIC OF CHINA.
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(a) IN GENERAL.—Section 3(a) of the Small Busi-
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ness Act (15 U.S.C. 632(a)) is amended by adding at the
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end the following:
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•HR 8666 IH
‘‘(10) PROHIBITION ON AFFILIATION WITH THE
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PEOPLE’S REPUBLIC OF CHINA.—For purposes of
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this Act, a small business concern may not—
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‘‘(A) be headquartered in the People’s Re-
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public of China;
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‘‘(B) have more than 25 percent of the vot-
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ing stock of the small business concern owned
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by affiliates that are citizens of or organized
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under the laws of the People’s Republic of
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China; or
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‘‘(C) be known to be associated with
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human rights violations that have occurred in
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Xinjiang Province, China.’’.
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(b) REGULATIONS AND GUIDANCE.—Not later than
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6 months after the date of the enactment of this Act, the
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Administrator of the Small Business Administration shall
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amend the regulations and guidance of the Administra-
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tion, including sections 120.100, 120.110, and 121.105 of
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title 13, Code of Federal Regulations, to carry out the
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amendment made by this Act.
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Æ
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