118th Congress · SENATE BILLBILL

S. 1372 — Preventing SBA Assistance from Going to China Act of 2023

“A bill to prohibit certain business concerns from receiving assistance from the Small Business Administration, and for other purposes.”

Commerce

Introduced Apr 27, 2023

Last action Apr 27, 2023

Pipeline · Bill → Law

Step 1

Introduced

Apr 27, 2023

Step 2

Referred

Apr 27, 2023

Small Business and Entrepreneurship

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

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.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Apr 27, 2023

Introduced in Senate

Apr 27, 2023

Read twice and referred to the Committee on Small Business and Entrepreneurship.