Prohibiting SBA Aid for Riot-Related Felony Convicts
This new bill aims to prevent individuals convicted of certain felonies, including assaulting a law enforcement officer or participating in riots that destroyed small businesses, from receiving assistance from the Small Business Administration. This means that if someone has been convicted of such acts, they will not be able to access business support programs, which is intended to protect public funds and promote responsible business conduct.
Key points
Individuals convicted of assaulting a law enforcement officer will not receive small business assistance.
Those convicted of felonies for actions during riots that destroyed small businesses will be ineligible for SBA programs.
The bill seeks to protect public funds allocated for small business support.
Status:
Expired
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