Legis Daily

Taiwan Conflict Deterrence Act of 2025

USA119th CongressHR-1716| House 
| Updated: 7/22/2025
Lisa C. McClain

Lisa C. McClain

Republican Representative

Michigan

Cosponsors (1)
Brad Sherman (Democratic)

Foreign Affairs Committee, Financial Services Committee, Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation, titled the Taiwan Conflict Deterrence Act of 2025, seeks to deter potential Chinese aggression against Taiwan. It establishes a framework for the United States to gather and act upon financial intelligence related to senior officials of the People's Republic of China, triggered by a presidential determination of a threat to U.S. interests stemming from China's actions. Upon such a determination, the Secretary of the Treasury is required to submit a report detailing the estimated funds held by at least ten senior Chinese Communist Party officials, including members of the Politburo Standing Committee , Politburo , and certain Central Committee members , along with a list of associated financial institutions. This report, which includes a briefing on fund acquisition and potential illicit means, must be submitted within 90 days and annually thereafter for three years, with its unclassified portion made publicly available. Furthermore, the bill mandates a prohibition on U.S. financial institutions from conducting significant transactions with the identified Chinese officials and their immediate family members, particularly if the family benefits from the reported funds. This prohibition leverages authorities under the International Emergency Economic Powers Act, carrying associated penalties for violations. The legislation includes exceptions for intelligence, law enforcement, and national security activities, and grants the President authority to waive requirements if it promotes ending the threat or serves U.S. national security interests. Importantly, the bill specifies that its provisions do not authorize sanctions on the importation of goods.

Bill Text Versions

View Text
4 versions available

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Timeline

Bill from Previous Congress

HR 117-7704
Taiwan Conflict Deterrence Act of 2022

Bill from Previous Congress

HR 118-554
Taiwan Conflict Deterrence Act of 2023
Feb 27, 2025
Introduced in House
Feb 27, 2025
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 5, 2025
Committee Consideration and Mark-up Session Held
Mar 5, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Mar 27, 2025
Placed on the Union Calendar, Calendar No. 35.
Mar 27, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.
Mar 27, 2025
Committee on Foreign Affairs discharged.
Jul 21, 2025
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3514-3517: 1)
Jul 21, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.
Jul 21, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)
Jul 21, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Jul 21, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)
Jul 21, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jul 22, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    HR 117-7704
    Taiwan Conflict Deterrence Act of 2022


  • Bill from Previous Congress

    HR 118-554
    Taiwan Conflict Deterrence Act of 2023


  • February 27, 2025
    Introduced in House


  • February 27, 2025
    Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 5, 2025
    Committee Consideration and Mark-up Session Held


  • March 5, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.


  • March 27, 2025
    Placed on the Union Calendar, Calendar No. 35.


  • March 27, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.


  • March 27, 2025
    Committee on Foreign Affairs discharged.


  • July 21, 2025
    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.


  • July 21, 2025
    Considered under suspension of the rules. (consideration: CR H3514-3517: 1)


  • July 21, 2025
    DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.


  • July 21, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)


  • July 21, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • July 21, 2025
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)


  • July 21, 2025
    Motion to reconsider laid on the table Agreed to without objection.


  • July 22, 2025
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

AsiaBank accounts, deposits, capitalBanking and financial institutions regulationChinaCongressional oversightDiplomacy, foreign officials, Americans abroadForeign and international bankingFraud offenses and financial crimesMilitary operations and strategyTaiwan

Taiwan Conflict Deterrence Act of 2025

USA119th CongressHR-1716| House 
| Updated: 7/22/2025
This legislation, titled the Taiwan Conflict Deterrence Act of 2025, seeks to deter potential Chinese aggression against Taiwan. It establishes a framework for the United States to gather and act upon financial intelligence related to senior officials of the People's Republic of China, triggered by a presidential determination of a threat to U.S. interests stemming from China's actions. Upon such a determination, the Secretary of the Treasury is required to submit a report detailing the estimated funds held by at least ten senior Chinese Communist Party officials, including members of the Politburo Standing Committee , Politburo , and certain Central Committee members , along with a list of associated financial institutions. This report, which includes a briefing on fund acquisition and potential illicit means, must be submitted within 90 days and annually thereafter for three years, with its unclassified portion made publicly available. Furthermore, the bill mandates a prohibition on U.S. financial institutions from conducting significant transactions with the identified Chinese officials and their immediate family members, particularly if the family benefits from the reported funds. This prohibition leverages authorities under the International Emergency Economic Powers Act, carrying associated penalties for violations. The legislation includes exceptions for intelligence, law enforcement, and national security activities, and grants the President authority to waive requirements if it promotes ending the threat or serves U.S. national security interests. Importantly, the bill specifies that its provisions do not authorize sanctions on the importation of goods.

Bill Text Versions

View Text
4 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-7704
Taiwan Conflict Deterrence Act of 2022

Bill from Previous Congress

HR 118-554
Taiwan Conflict Deterrence Act of 2023
Feb 27, 2025
Introduced in House
Feb 27, 2025
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 5, 2025
Committee Consideration and Mark-up Session Held
Mar 5, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Mar 27, 2025
Placed on the Union Calendar, Calendar No. 35.
Mar 27, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.
Mar 27, 2025
Committee on Foreign Affairs discharged.
Jul 21, 2025
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 21, 2025
Considered under suspension of the rules. (consideration: CR H3514-3517: 1)
Jul 21, 2025
DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.
Jul 21, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)
Jul 21, 2025
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Jul 21, 2025
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)
Jul 21, 2025
Motion to reconsider laid on the table Agreed to without objection.
Jul 22, 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    HR 117-7704
    Taiwan Conflict Deterrence Act of 2022


  • Bill from Previous Congress

    HR 118-554
    Taiwan Conflict Deterrence Act of 2023


  • February 27, 2025
    Introduced in House


  • February 27, 2025
    Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.


  • March 5, 2025
    Committee Consideration and Mark-up Session Held


  • March 5, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.


  • March 27, 2025
    Placed on the Union Calendar, Calendar No. 35.


  • March 27, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.


  • March 27, 2025
    Committee on Foreign Affairs discharged.


  • July 21, 2025
    Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.


  • July 21, 2025
    Considered under suspension of the rules. (consideration: CR H3514-3517: 1)


  • July 21, 2025
    DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.


  • July 21, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)


  • July 21, 2025
    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.


  • July 21, 2025
    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)


  • July 21, 2025
    Motion to reconsider laid on the table Agreed to without objection.


  • July 22, 2025
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Lisa C. McClain

Lisa C. McClain

Republican Representative

Michigan

Cosponsors (1)
Brad Sherman (Democratic)

Foreign Affairs Committee, Financial Services Committee, Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AsiaBank accounts, deposits, capitalBanking and financial institutions regulationChinaCongressional oversightDiplomacy, foreign officials, Americans abroadForeign and international bankingFraud offenses and financial crimesMilitary operations and strategyTaiwan