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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 57 (Wednesday, March 29, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. GALLAGHER:H.R. 2372.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 18The single subject of this legislation is:Sanctions[Page H1659]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <title>STAND with Taiwan Act of 2023</title>
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        <fullName>Rep. Gallagher, Mike [R-WI-8]</fullName>
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        <fullName>Rep. LaLota, Nick [R-NY-1]</fullName>
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      <name>Crime and Law Enforcement</name>
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          <text>&lt;p&gt;&lt;strong&gt;Sanctions Targeting Aggressors of Neighboring Democracies with Taiwan Act of 2023 or the STAND with Taiwan Act of 2023&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill requires the imposition of sanctions in the event of a military invasion of Taiwan by China and addresses related issues.&lt;/p&gt; &lt;p&gt;If the President determines that China or any of its proxies has initiated a military invasion of Taiwan, or if a joint resolution making such a determination is enacted, the bill requires &lt;/p&gt; &lt;ul&gt; &lt;li&gt;the President to impose visa- and property-blocking sanctions on certain senior officials of China's government and the Chinese Communist Party (CCP); &lt;/li&gt; &lt;li&gt;the Department of the Treasury to impose property-blocking sanctions on specified foreign financial institutions, including banks under the jurisdiction of China and in which China's government holds an interest; &lt;br&gt; &lt;/li&gt; &lt;li&gt;Treasury to impose property-blocking sanctions on any entity affiliated with China's government or the CCP; &lt;/li&gt; &lt;li&gt;the Securities and Exchange Commission (SEC) to prohibit the trading of the securities of an issuer affiliated with China's government or the CCP on a national securities exchange; &lt;/li&gt; &lt;li&gt;Treasury to prohibit U.S. financial institutions from making certain investments, such as investments in an entity owned or controlled by China's government, the CCP, or China's military; &lt;/li&gt; &lt;li&gt;the prohibition of the importation of certain goods, including goods produced wholly or in part in China or by certain entities owned or financed by China's government or the CCP; and&lt;/li&gt; &lt;li&gt;a prohibition on any depository institution or SEC-registered securities broker or dealer processing funds transfers to or from China or for the benefit of Chinese government officials or CCP members. &lt;/li&gt; &lt;/ul&gt;  &lt;p&gt;&lt;br&gt; &lt;/p&gt;</text>
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    <title>STAND with Taiwan Act of 2023</title>
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        <title>STAND with Taiwan Act of 2023</title>
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        <title>To require the imposition of sanctions with respect to the People's Republic of China if the People's Liberation Army initiates a military invasion of Taiwan.</title>
        <updateDate>2024-03-18T20:34:49Z</updateDate>
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    <dc:rights>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.</dc:rights>
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