STAND with Taiwan Act of 2026
Sponsored By: Senator Dan Sullivan
Introduced
Summary
Imposes sweeping sanctions and financial and trade penalties on the PRC and its proxies in response to significant threats to Taiwan. The bill would create a statutory framework to trigger targeted sanctions, restrict trade and finance, and punish officials, entities, and financial institutions tied to coercive actions against Taiwan.
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- PRC leaders and proxies: Would allow blocking of property, immediate visa bans and revocations, and civil and criminal penalties for PRC and Chinese Communist Party officials, military suppliers, and proxies. The bill would require many sanctions to be imposed within 3 days of a covered determination and allows 90-day presidential national security waivers.
- Finance and markets: Would bar U.S. persons from transacting with PRC-affiliated banks, restrict correspondent and payable-through accounts, prohibit U.S. purchases of PRC sovereign debt, block access to international financial messaging, and prohibit certain Chinese issuers from listing on U.S. exchanges.
- Trade and investment limits: Would ban exports of U.S. energy products to China and bar U.S. investments that benefit the PRC, CCP, or People’s Liberation Army in priority tech and industrial sectors. It would also permit raising import duties up to 500 percent on goods from China and from countries that knowingly support China’s military industrial capacity.
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 0 benefits, 1 costs, 2 mixed.
Who counts as a U.S. person
If enacted, the bill would define "United States person" to include U.S. citizens, lawful permanent residents, and entities organized under U.S. law. It would explicitly include foreign branches of U.S.-organized entities. That would mean more people and businesses could be covered by transaction bans or other restrictions under the Act.
Fast presidential sanctions and reset
If enacted, the bill would require the President to decide within 15 days whether covered actors threaten Taiwan and then review that finding at least every 30 days. If the President makes a covered determination, he would have 3 days to impose the listed sanctions and bar U.S. persons (except U.S. Government officials acting officially) from transactions with identified people. The bill names many senior PRC officials for sanctioning and lets the President add others. The President would be able to certify an end to the measures, but if any covered actor later violates that certification, the President would immediately reimpose the prior measures and could add more.
Congress fast-track, penalties, exceptions
If enacted, the bill would let Congress fast-track a narrow joint resolution that finds an actor committed proscribed acts. Committees would be discharged if they do not report in 2 days, amendments would be barred, points of order waived, and debate limited to 4 hours in the House and up to 10 hours in the Senate. The bill would let the President use many International Emergency Economic Powers Act authorities (except two sections) and make most violations subject to IEEPA civil and criminal penalties. It would also carve out specific exceptions, including democracy-promotion activities in China, authorized U.S. intelligence activities, certain required admissions under international agreements, and a prohibition on imposing sanctions on imports of goods (excluding technical data).
Sponsors & CoSponsors
Sponsor
Dan Sullivan
AK • R
Cosponsors
Sen. Graham, Lindsey [R-SC]
SC • R
Sponsored 3/11/2026
Sen. Duckworth, Tammy [D-IL]
IL • D
Sponsored 3/11/2026
Sen. Kennedy, John [R-LA]
LA • R
Sponsored 3/11/2026
Sen. Budd, Ted [R-NC]
NC • R
Sponsored 3/11/2026
Sen. Ricketts, Pete [R-NE]
NE • R
Sponsored 3/11/2026
Sen. McCormick, David [R-PA]
PA • R
Sponsored 3/11/2026
Sen. Cornyn, John [R-TX]
TX • R
Sponsored 3/11/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov