H. R. 9904 is a bill that aims to restrict certain businesses associated with China from receiving support from the Small Business Administration (SBA). Specifically, it prohibits businesses headquartered in China or those with more than 25% of their voting stock owned by...
Simple Explanation
H. R. 9904 is a rule that says businesses linked to China can't get help from a group that supports small businesses in the US, especially if they are based in China or owned a lot by Chinese people.