S.Amdt. 528

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

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``(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.''.
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