3.0.0 7704 2022-12-30T00:04:06Z 2022-12-30T00:04:06Z House HR 2022-05-10 117 [Congressional Record Volume 168, Number 78 (Tuesday, May 10, 2022)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL:H.R. 7704.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the U.S. Constitution[Page H4798]]]> hsba00 Financial Services Committee House Standing Referred to 2022-05-10T18:03:00Z 2022-05-17 Sponsor introductory remarks on measure. (CR H5092) IntroReferral B00100 9 Library of Congress 2022-05-10 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2022-05-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2022-05-10 Introduced in House IntroReferral 1000 9 Library of Congress H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 N S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2022-05-10 True B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 2022-07-13 False W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2022-07-13 False K000397 Rep. Kim, Young [R-CA-39] Young Kim R CA 39 2022-07-13 False B001297 Rep. Buck, Ken [R-CO-4] Ken Buck R CO 4 2022-07-13 False L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2022-07-13 False Finance and Financial Sector Asia Bank accounts, deposits, capital Banking and financial institutions regulation China Congressional oversight Diplomacy, foreign officials, Americans abroad Foreign and international banking Fraud offenses and financial crimes International Affairs Military operations and strategy Taiwan Finance and Financial Sector 00 2022-05-10 Introduced in House 2022-09-29T13:50:41Z Taiwan Conflict Deterrence Act of 2022

This bill requires additional reporting regarding the domestic and foreign financial activity of specified Chinese officials.

Specifically, the bill requires the Department of the Treasury, upon a determination by the President that a threat to the interests of the United States exists resulting from actions by China, to (1) report to Congress on funds held by certain members of the Chinese Communist Party, including the total amount of funds, a description of the funds, and a list of related financial institutions; and (2) brief Congress on how these funds were acquired and any illicit or corrupt means employed to acquire or use the funds.

The bill also allows Treasury to prohibit significant transactions between U.S. financial institutions and these individuals.

]]> Taiwan Conflict Deterrence Act of 2022 Display Title Taiwan Conflict Deterrence Act of 2022 Short Title(s) as Introduced Taiwan Conflict Deterrence Act of 2022 Introduced in House IH Official Title as Introduced To deter Chinese aggression towards Taiwan by requiring the Secretary of the Treasury to publish a report on financial institutions and accounts connected to senior officials of the People's Republic of China, to restrict financial services for certain immediate family of such officials, and for other purposes. Introduced in House IH Introduced in House 2022-05-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr7704ih/xml/BILLS-117hr7704ih.xml 2022-05-17 Sponsor introductory remarks on measure. (CR H5092) 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.