HR9904-118

Introduced

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

118th Congress Introduced Oct 1, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To prohibit certain business concerns from receiving assistance from the Small Business Administration, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Foreign Policy, Government Operations.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H419BA9A5BF6744BDA3F18C117DC68564: 1. Short title This Act may be cited as the Preventing SBA Assistance from Going to China Act.
  • Section HE6AD3D81ACCD48A1A96319A1BB54E833: 2. Prohibition on affiliation with the People’s Republic of China Section 3(a) of the Small Business Act (15 U.S.C. 632(a)) is amended by adding at the end the...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

This bill, To prohibit certain business concerns from receiving assistance from the Small Business Administration, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Foreign Policy, Government Operations

Primary Purpose

This bill, To prohibit certain business concerns from receiving assistance from the Small Business Administration, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Foreign Policy Government Operations

Whole bill

Identified Gains
Contextual inference, no direct clause citation
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih

Contextual inference, no direct clause citation

Legislative Progress

Introduced
Introduced Committee Passed
Oct 1, 2024

Mr. Mills (for himself, Mr. Webster of Florida, Mr. Weber …

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Foreign Policy Government Operations
Actor Mappings
"administrator_of_sba"
→ Administrator of the Small Business Administration

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology