HR 803 · 118th Congress · International Affairs

PROTECT Taiwan Act

Introduced 2023-02-02· Sponsored by Rep. Lucas, Frank D. [R-OK-3]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.(2024-01-16)

Plain Language Summary

[AI summary unavailable — showing source text] Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act This bill requires certain actions if the President informs Congress about actions by China that result in (1) threats to Taiwan's security or social or economic system, and (2) any danger to U.S. interests. Specifically, after the President informs Congress, various federal agencies must take all necessary steps to exclude China's representatives from the activities of specified international organizations, including the Group of 20, the Financial Stability Board, and the Basel Committee on Banking Supervision. The President may waive these requirements if doing so is in the national interest of the United States.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 803, Pressure Regulatory Organizations to End Chinese Threats to Taiwan Act

Mar 7, 2023

As ordered reported by the House Committee on Financial Services on February 28, 2023

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (3)

1 Democrat2 Republicans