119 HR 1730 IH: No Alipay Act of 2025 U.S. House of Representatives 2025-02-27 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS1st SessionH. R. 1730IN THE HOUSE OF REPRESENTATIVESFebruary 27, 2025Mr. Ogles introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo prohibit any transactions using Alipay in the United States.

1.

Short title

This Act may be cited as the No Alipay Act of 2025.

2.

Prohibition on use of Alipay

No financial transactions between AliPay (China) Internet Technology Company Limited (referred to in this Act as AliPay) and a United States person are permitted, including the use of any application or payment processing services operated by Alipay.

3.

Definitions

In this Act: (1)The term United States person means— (A)a national of the United States; (B)an alien lawfully admitted for permanent residence; (C)an entity organized under the laws of the United States or under the laws of any jurisdiction within the United States (including a foreign branch of such an entity); or (D)an individual who is physically present in the United States. (2)The term financial transaction means— (A)a transaction which in any way or degree affects interstate or foreign commerce— (i)involving the movement of funds by wire or other means; or (ii)involving one or more monetary instruments; or (B)a transaction involving the use of a financial institution which is engaged in, or the activities of which affect, interstate or foreign commerce in any way or degree.