Combating Foreign Threats to Main Street Act of 2026

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10329 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                               H. R. 10329

 To require the Administrator of the Small Business Administration to 
    disseminate information on foreign adversary conduct that poses 
   material harm to small business concerns, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           September 10, 2026

    Mr. Williams of Texas (for himself and Mr. Tran) introduced the 
 following bill; which was referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL

 
 To require the Administrator of the Small Business Administration to 
    disseminate information on foreign adversary conduct that poses 
   material harm to small business concerns, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Combating Foreign Threats to Main 
Street Act of 2026''.

SEC. 2. INFORMATION DISSEMINATION ON FOREIGN ADVERSARY CONDUCT THAT 
              POSES MATERIAL HARM TO SMALL BUSINESS CONCERNS.

    (a) Educational Materials.--The Administrator of the Small Business 
Administration, in consultation with the appropriate Federal agency 
heads, shall develop and disseminate educational materials regarding 
foreign adversary conduct that poses material harm to small business 
concerns.
    (b) Dissemination.--The Administrator shall make the educational 
materials described in subsection (a) available through district 
offices and other programs of the Administration.
    (c) Contents.--The educational materials described in subsection 
(a) shall, at a minimum--
            (1) describe the nature of the foreign adversary conduct 
        that poses material harm to small business concerns;
            (2) describe how such conduct materially harms small 
        business concerns;
            (3) identify best practices for small business concerns to 
        protect intellectual property, sensitive business information, 
        and supply chains;
            (4) provide guidance regarding cybersecurity and data 
        protection for small business concerns;
            (5) inform small business concerns of risks associated with 
        foreign investment, joint ventures, licensing arrangements, and 
        other commercial relationships involving entities owned or 
        controlled by a foreign adversary or an additional covered 
        entity;
            (6) describe resources available from the Federal 
        Government to help small business concerns identify, avoid, 
        prevent, and address such conduct; and
            (7) provide guidance on safeguarding business interests in 
        foreign markets without unnecessarily restricting lawful 
        commercial activity.
    (d) Annual Review and Updates.--Beginning October 1, 2027, and 
annually thereafter, the Administrator, in consultation with the 
appropriate Federal agency heads, shall--
            (1) review the educational materials described in 
        subsection (a) to ensure such materials reflect emerging 
        foreign adversary conduct that poses material harm to small 
        business concerns, evolving tactics used by foreign 
        adversaries, changes in applicable Federal law and policy, and 
        current best practices for protecting small business concerns; 
        and
            (2) update such materials as necessary to remain accurate 
        and up to date.
    (e) Notice.--If, under subparagraph (F) of subsection (f)(6), the 
Administrator determines, in consultation with the appropriate Federal 
agency heads, that an activity poses a significant risk to the economic 
or national security interests of the United States, the Administrator 
shall notify the Committee on Small Business of the House of 
Representatives and the Committee on Small Business and 
Entrepreneurship of the Senate of the determination, what specific 
activity has been determined to pose such a risk, and the justification 
for such determination of such activity.
    (f) Definitions.--In this section:
            (1) Additional covered entity.--The term ``additional 
        covered entity'' means an entity, an affiliate of an entity, or 
        an individual included on a list described in section 
        9(g)(16)(D) of the Small Business Act (15 U.S.C. 
        638(g)(16)(D)).
            (2) Administration.--The term ``Administration'' means the 
        Small Business Administration.
            (3) Administrator.--The term ``Administrator'' means the 
        Administrator of the Small Business Administration.
            (4) Appropriate federal agency head.--The term 
        ``appropriate Federal agency head'' means the Secretary of 
        Homeland Security, the Secretary of State, the Director of the 
        Federal Bureau of Investigation, the Secretary of the Treasury, 
        the Secretary of Commerce, the United States Trade 
        Representative, the Director of the United States Patent and 
        Trademark Office, the Director of the United States Copyright 
        Office, and the head of any other relevant Federal agency, as 
        determined by the Administrator of the Small Business 
        Administration.
            (5) Foreign adversary.--The term ``foreign adversary'' 
        means a foreign adversary, as defined in section 791.4 of title 
        15, Code of Federal Regulations (or any successor regulation).
            (6) Foreign adversary conduct that poses material harm to 
        small business concerns.--The term ``foreign adversary conduct 
        that poses material harm to small business concerns'' means an 
        activity carried out by a foreign adversary, an entity owned or 
        controlled by a foreign adversary, or an additional covered 
        entity that poses risks to the economic or national security of 
        the United States or to small business concerns, including--
                    (A) theft of intellectual property, trade secrets, 
                or proprietary business information;
                    (B) cyber intrusions and malicious cyber-enabled 
                activities;
                    (C) forced labor and the importation of goods 
                produced wholly or in part with forced labor;
                    (D) counterfeit goods, illicit trade, customs 
                evasion, and related fraud;
                    (E) predatory or non-market investment practices; 
                and
                    (F) any other activity the Administrator 
                determines, in consultation with the appropriate 
                Federal agency heads, poses a significant risk to the 
                economic or national security interests of the United 
                States.
            (7) Small business concern.--The term ``small business 
        concern'' has the meaning given under section 3 of the Small 
        Business Act (15 U.S.C. 632).
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