S. 481 · 118th Congress
Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ScottSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023
What it does: CRS summary · Introduced in Senate · Feb 16, 2023
Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023
This bill requires sanctions and other actions if China's government makes any attempt to subject Taiwan to China's control, including by invading Taiwan's territory.
If China's government makes such an attempt, the bill requires certain actions, including (1) imposing sanctions against Chinese nationals, citizens, and entities that participate in the attempt; (2) prohibiting the trading in the securities of Chinese entities on national securities exchanges; and (3) imposing sanctions on global financial communications services providers that continue to provide financial communications services to the Central Bank of China or any foreign financial institutions subject to sanctions under this bill.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023
Latest action (Feb 16, 2023): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: International Affairs · Origin: Senate · Introduced: Feb 16, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.