# 119-hr-1531: PROTECT Taiwan Act

119-hr-1531, PROTECT Taiwan Act, is a 119th Congress bill sponsored by Rep. Lucas, Frank D. [R-OK-3] (R-OK); status passed_house; PRIA reads it as touching household money (as of 2026-07-15).

- Canonical: https://policyrisk.com/legislation/119-hr-1531
- As of: 2026-07-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-1531
- Congress: 119
- Title: PROTECT Taiwan Act
- Status: passed_house
- Introduced: 2025-02-24
- Sponsor: Rep. Lucas, Frank D. [R-OK-3] (R-OK)
- Cosponsors: 2
- Policy area: International Affairs
- Touches household money: yes
- Last recorded action: 2026-07-15

## Summary

**Directs U.S. regulators to press major international financial bodies to exclude representatives of the People's Republic of China when Beijing threatens Taiwan.** It frames the move as a targeted national-security response and assigns implementation to the Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission. - U.S. regulators will seek to exclude PRC representatives from six major international financial governance bodies, including the Group of Twenty and the Bank for International Settlements. - PRC representatives would be excluded from participation in meetings, proceedings, and other activities of those bodies when the President notifies Congress of a threat to Taiwan and U.S. interests. - The President may waive the policy for any organization by reporting to the House Financial Services and Senate Banking committees that the waiver is in the national interest. The Act also sunsets after five years or 30 days after a presidential notice that termination is in the national interest.

## Cosponsors (2)

- Rep. Gonzalez, Vicente [D-TX-34] (D-TX), 2025-02-24T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2025-09-16T00:00:00.000Z

## Votes

| Date | Chamber | Question | Result | Yea | Nay |
| --- | --- | --- | --- | --- | --- |
| 2026-02-09T00:00:00.000Z | house | On Motion to Suspend the Rules and Pass, as Amended | Passed | 395 | 2 |

## Provisions PRIA read

- Limit China’s role in global finance groups: benefit, medium. If enacted, the U.S. would seek to bar officials from China from six global finance groups. This would start only after the President, under the Taiwan Relations Act, tells Congress that China’s actions threaten Taiwan and U.S. interests. The groups are the G20, Bank for International Settlements,…

## Related bills

- 119-hr-3816: Weather Act Reauthorization Act of 2025
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-6955: Main Street Capital Access Act

## Sources
- [119-hr-1531 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/1531)

## Related
- [119-hr-3816: Weather Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-hr-3816)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-1531 (as of 2026-07-15).