# 119-hr-1081: Preventing SBA Assistance from Going to China Act

119-hr-1081, Preventing SBA Assistance from Going to China Act, is a 119th Congress bill sponsored by Rep. Mills, Cory [R-FL-7] (R-FL); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-1081
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1081
- Congress: 119
- Title: Preventing SBA Assistance from Going to China Act
- Status: introduced
- Introduced: 2025-02-06
- Sponsor: Rep. Mills, Cory [R-FL-7] (R-FL)
- Cosponsors: 8
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Prevents companies tied to the People's Republic of China from qualifying as small businesses for SBA programs.** This bill would add a new rule to the Small Business Act that bars a concern from being treated as a small business for SBA purposes if it is incorporated and located in the People's Republic of China or if affiliates that are citizens of or organized under PRC law own more than 25% of its voting stock. - Firms incorporated and located in the People's Republic of China would be excluded from small-business status under the Small Business Act and thus from SBA assistance tied to that status. - Businesses with over 25% of voting stock owned by PRC-affiliated entities would lose small-business designation and become ineligible for SBA programs that depend on that designation. - The change applies only for purposes of the Small Business Act, so it specifically alters who counts as a small business for SBA eligibility decisions and does not rewrite other federal definitions.

## Cosponsors (8)

- Rep. Webster, Daniel [R-FL-11] (R-FL), 2025-02-06T00:00:00.000Z
- Rep. Steube, W. Gregory [R-FL-17] (R-FL), 2025-02-06T00:00:00.000Z
- Rep. Baird, James R. [R-IN-4] (R-IN), 2025-02-06T00:00:00.000Z
- Rep. Buchanan, Vern [R-FL-16] (R-FL), 2025-02-06T00:00:00.000Z
- Rep. DesJarlais, Scott [R-TN-4] (R-TN), 2025-02-06T00:00:00.000Z
- Rep. Perry, Scott [R-PA-10] (R-PA), 2025-02-06T00:00:00.000Z
- Rep. Jackson, Ronny [R-TX-13] (R-TX), 2025-02-27T00:00:00.000Z
- Rep. Higgins, Clay [R-LA-3] (R-LA), 2025-02-27T00:00:00.000Z

## Provisions PRIA read

- No SBA help for China-linked firms: benefit, medium. This bill would change who counts as a small business for SBA programs. A firm located and incorporated in China would not count as a small business. A firm would also be ineligible if affiliates that are citizens of, or organized under the laws of, the People’s Republic of China own over 25% of it…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-1301: Death Tax Repeal Act
- 119-hr-703: Main Street Tax Certainty Act
- 119-hr-425: Repealing Big Brother Overreach Act
- 119-hr-38: Constitutional Concealed Carry Reciprocity Act of 2025
- 119-hr-987: Fair Access to Banking Act

## Sources
- [119-hr-1081 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1081)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-1301: Death Tax Repeal Act](https://policyrisk.com/legislation/119-hr-1301)
- [119-hr-703: Main Street Tax Certainty Act](https://policyrisk.com/legislation/119-hr-703)
- [119-hr-425: Repealing Big Brother Overreach Act](https://policyrisk.com/legislation/119-hr-425)
- [119-hr-38: Constitutional Concealed Carry Reciprocity Act of 2025](https://policyrisk.com/legislation/119-hr-38)
- [119-hr-987: Fair Access to Banking Act](https://policyrisk.com/legislation/119-hr-987)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1081 (as of 2025-12-21).