3.0.0
554
2025-05-27T14:15:16Z
2025-05-27T14:15:16Z
House
H
HR
2023-01-26
118
[Congressional Record Volume 169, Number 17 (Thursday, January 26, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL:H.R. 554.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution.The single subject of this legislation is:Taiwan Conflict Deterrance Act[Page H429]
- ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Standing
  - Referred To
2024-09-10T19:21:57Z
- hsba00
Financial Services Committee
House
Standing
  - Reported By
2023-12-01T18:24:41Z
  - Markup By
2023-02-28T19:27:08Z
  - Referred To
2023-01-26T15:00:30Z
H. Rept. 118-292
- 2024-09-10
  - ssbk00
Banking, Housing, and Urban Affairs Committee
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
IntroReferral
- 2024-09-09
15:00:59
Motion to reconsider laid on the table Agreed to without objection.
Floor
H38310
2
House floor actions
- 2024-09-09
15:00:57
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5042-5043)
Floor
H37300
2
House floor actions
- 2024-09-09
15:00:57
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5042-5043)
Floor
8000
9
Library of Congress
- 2024-09-09
14:39:06
DEBATE - The House proceeded with forty minutes of debate on H.R. 554.
Floor
H8D000
2
House floor actions
- 2024-09-09
14:39:04
Considered under suspension of the rules. (consideration: CR H5042-5046)
Floor
H30000
2
House floor actions
- 2024-09-09
14:39:01
Mrs. Kim (CA) moved to suspend the rules and pass the bill, as amended.
Floor
H30300
2
House floor actions
- 2023-12-01
Placed on the Union Calendar, Calendar No. 236.
Calendars
H12410
2
House floor actions
U00236
- 2023-12-01
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-292.
Committee
H12200
2
House floor actions
  - hsba00
Financial Services Committee
- 2023-12-01
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-292.
Committee
5000
9
Library of Congress
  - hsba00
Financial Services Committee
- 2023-02-28
  - hsba00
Financial Services Committee
1
House committee actions
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.
Committee
- 2023-02-28
  - hsba00
Financial Services Committee
1
House committee actions
Committee Consideration and Mark-up Session Held.
Committee
- 2023-01-26
Referred to the House Committee on Financial Services.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2023-01-26
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-01-26
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-32]
BRAD
SHERMAN
D
CA
32
2023-01-26
True
- L000599
Rep. Lawler, Michael [R-NY-17]
Michael
Lawler
R
NY
17
2023-02-27
False
- L000590
Rep. Lee, Susie [D-NV-3]
Susie
Lee
D
NV
3
2023-03-09
False
- R000579
Rep. Ryan, Patrick [D-NY-18]
Patrick
Ryan
D
NY
18
2023-03-10
False
- P000614
Rep. Pappas, Chris [D-NH-1]
Chris
Pappas
D
NH
1
2023-05-25
False
- K000397
Rep. Kim, Young [R-CA-40]
Young
Kim
R
CA
40
2023-06-20
False
- D000594
Rep. De La Cruz, Monica [R-TX-15]
Monica
De La Cruz
R
TX
15
2023-07-03
False
- W000812
Rep. Wagner, Ann [R-MO-2]
Ann
Wagner
R
MO
2
2023-07-11
False
- 2023-05-01T20:05:00Z

H.R. 554, Taiwan Conflict Deterrence Act of 2023
https://www.cbo.gov/publication/59118
As ordered reported by the House Committee on Financial Services on February 28, 2023
Finance and Financial Sector
- Asia
2023-03-29T14:48:13Z
- Bank accounts, deposits, capital
2023-03-29T14:48:13Z
- Banking and financial institutions regulation
2023-03-29T14:48:13Z
- China
2023-03-29T14:48:13Z
- Congressional oversight
2023-03-29T14:48:13Z
- Diplomacy, foreign officials, Americans abroad
2023-03-29T14:48:13Z
- Foreign and international banking
2023-03-29T14:48:13Z
- Fraud offenses and financial crimes
2023-03-29T14:48:13Z
- Military operations and strategy
2023-03-29T14:48:13Z
- Taiwan
2023-03-29T14:48:13Z
Finance and Financial Sector
2023-02-13T17:30:24Z
00
2023-01-26
Introduced in House
2023-03-24T14:08:04Z
Taiwan Conflict Deterrence Act of 2023
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.
07
2023-12-01
Reported to House
2024-07-19T17:41:08Z
Taiwan Conflict Deterrence Act of 2023
This bill, in the event of a threat to U.S. interests by China, (1) requires additional reporting on the domestic and foreign financial activity of specified Chinese officials, and (2) prohibits certain financial transactions with specified Chinese officials.
Upon a determination by the President that such a threat exists, the bill requires the Department of the Treasury 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.
After such a report is made, Treasury must prohibit significant transactions between U.S. financial institutions and these individuals (and their immediate family, if appropriate). The bill provides exceptions for intelligence, law enforcement, and national security activities. The President may waive the prohibition under certain circumstances.

Taiwan Conflict Deterrence Act of 2023
- Short Titles from RFS (Referred to Senate) bill text
255

Taiwan Conflict Deterrence Act of 2023
2024-09-13T23:38:13Z
S
Senate
Referred in Senate
RFS
- Short Title(s) as Passed House
104

Taiwan Conflict Deterrence Act of 2023
2024-09-11T03:53:15Z
H
House
Engrossed in House
EH
- Display Title
45

Taiwan Conflict Deterrence Act of 2023
2024-07-24T15:19:44Z
- Short Title(s) as Introduced
101

Taiwan Conflict Deterrence Act of 2023
2024-05-24T13:42:50Z
Introduced in House
IH
- Short Title(s) as Reported to House
102

Taiwan Conflict Deterrence Act of 2023
2024-05-24T13:35:15Z
H
House
Reported in House
RH
- Official Title as Introduced
6

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.
2024-03-18T20:14:19Z
Introduced in House
IH
- Referred in Senate
2024-09-10T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr554rfs/xml/BILLS-118hr554rfs.xml
- Engrossed in House
2024-09-09T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr554eh/xml/BILLS-118hr554eh.xml
- Reported in House
2023-12-01T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr554rh/xml/BILLS-118hr554rh.xml
- Introduced in House
2023-01-26T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr554ih/xml/BILLS-118hr554ih.xml
2024-09-10
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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
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