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117-hr-7704117th Congress

Taiwan Conflict Deterrence Act of 2022

Sponsored By: Representative Hill, J. French [R-AR-2]

Unknown

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Hill, J. French [R-AR-2]

AR • R

Cosponsors

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 5/10/2022

  • Rep. Barr, Andy [R-KY-6]

    KY • R

    Sponsored 7/13/2022

  • Rep. Wagner, Ann [R-MO-2]

    MO • R

    Sponsored 7/13/2022

  • Rep. Kim, Young [R-CA-40]

    CA • R

    Sponsored 7/13/2022

  • Rep. Buck, Ken [R-CO-4]

    CO • R

    Sponsored 7/13/2022

  • Rep. Lucas, Frank D. [R-OK-3]

    OK • R

    Sponsored 7/13/2022

Roll Call Votes

No roll call votes available for this bill.

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