Taiwan Conflict Deterrence Act of 2022

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 10 May 2022

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 10 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 10 May 2022

   Introduced

   Introduced in House

   Source: IntroReferral

4. 17 May 2022

   Introduced

   Sponsor introductory remarks on measure. (CR H5092)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 10 May 2022 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 May 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 10 May 2022

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 10 May 2022

  Open at official source

Sponsors

• J. Hill · R · Sponsor
• Brad Sherman · D · Sponsor
• Andy Barr · R · Cosponsor
• Ann Wagner · R · Cosponsor
• Young Kim · R · Cosponsor
• Ken Buck · R · Cosponsor
• Frank Lucas · R · Cosponsor
• · hsba00 · Standing

Related records

• related to → Taiwan Conflict Deterrence Act of 2023