Taiwan Conflict Deterrence Act of 2025 | ChamberLight

PASSED HOUSE· 119TH CONGRESS

House BillHR 1716Fraud offenses and financial crimesDiplomacy, foreign officials, Americans abroad

Taiwan Conflict Deterrence Act of 2025

INTRO FEB 27· LAST ACTION JUL 22

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LEGISLATIVE PROGRESS

STEP 4 / 8

Introduced

In Committee

Reported

Passed House

Passed Senate

Conference

To President

Became Law

WHAT THE BILL DOES

AI-written

Voters should care about this bill because it directly addresses the escalating tensions between China and Taiwan, a critical flashpoint in global geopolitics. If passed, it would represent a significant shift in U.S. strategy, moving beyond diplomatic rhetoric to imposing direct financial pressure on China's elite. This could potentially deter Chinese aggression by making high-ranking officials personally vulnerable to financial restrictions, linking their personal wealth to the actions of their government.

If this bill becomes law, it could lead to increased transparency regarding the assets of powerful Chinese officials and potentially expose corruption. However, it also carries the risk of escalating economic tensions with China, which could have broader implications for global trade and stability. If it doesn't become law, the U.S. would rely on existing diplomatic and economic tools to deter China, without this specific mechanism of financial disclosure and restriction targeting individual officials and their families.

KEY PROVISIONS

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PROVISION 01

Requires the U.S. Treasury Secretary to publish a detailed report on the estimated funds of at least 10 senior Chinese Communist Party officials and the financial institutions holding their money.

This provision aims to create transparency around the wealth of Chinese officials, which could expose corruption and act as a deterrent against aggressive actions towards Taiwan by making their personal finances potentially public.

PROVISION 02

Mandates that this report, including a list of financial institutions, be submitted to Congress within 90 days of the President signaling a threat from China regarding Taiwan, and then annually for three years, with an unclassified portion made publicly available online.

Public disclosure of this financial information in multiple languages increases accountability and ensures that the U.S. government's efforts to deter aggression are transparent to a global audience.

PROVISION 03

Prohibits U.S. financial institutions from engaging in significant transactions with these identified Chinese officials and their immediate family members if the family benefits from the funds described in the report.

This is a direct financial penalty intended to create personal stakes for Chinese officials, making them more hesitant to support aggression against Taiwan due to potential harm to their family's financial interests.

PROVISION 04

Allows the President to waive any of the reporting or financial services restrictions if such a waiver would significantly help end the threat to Taiwan or is essential for U.S. national security interests.

This provision provides flexibility, allowing the U.S. government to adapt its strategy based on evolving circumstances and prioritize broader national security goals.

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ACTION TIMELINE

14 EVENTS

JUL 22

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

SENATE · INTROREFERRAL

JUL 21

Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

HOUSE · FLOOR

JUL 21

Considered under suspension of the rules. (consideration: CR H3514-3517)

FLOOR

JUL 21

DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.

FLOOR

BILL INFO

TypeHouse Bill

NumberHR 1716

Congress119th

StatusPassed House

IntroducedFeb 27, 2025

Last actionJul 22, 2025

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PASSED HOUSE· 119TH CONGRESS · FOREIGN AFFAIRS COMMITTEE · INTRODUCED FEB 27, 2025

House BillHR 1716Fraud offenses and financial crimesDiplomacy, foreign officials, Americans abroad

Taiwan Conflict Deterrence Act of 2025

INTRODUCED FEB 27, 2025· LAST ACTION JUL 22, 2025

PASSAGE CHANCES

—%

READING

7 min

COSPONSORS

COMPLEXITY

Moderate

Call my reps

LEGISLATIVE PROGRESS

STEP 4 OF 8

Introduced

In Committee

Reported

Passed House

Passed Senate

Conference

To President

Became Law

Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law

WHAT THE BILL DOES

AI-written

KEY PROVISIONS

AI-extracted

high

Requires the U.S. Treasury Secretary to publish a detailed report on the estimated funds of at least 10 senior Chinese Communist Party officials and the financial institutions holding their money.

med

Public disclosure of this financial information in multiple languages increases accountability and ensures that the U.S. government's efforts to deter aggression are transparent to a global audience.

high

med

This provision provides flexibility, allowing the U.S. government to adapt its strategy based on evolving circumstances and prioritize broader national security goals.

DEADLINES & DATES

AI-extracted

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Not later than 90 days after the President informs Congress of a threat from the People's Republic of China regarding Taiwan.

Secretary of the Treasury must submit initial report on financial institutions and accounts connected to Chinese government officials.

Annually thereafter for 3 years following the initial report.

Secretary of the Treasury must submit subsequent annual reports.

Not later than 30 days after submitting each report.

Secretary of the Treasury (or designee) must provide a briefing to Congress on the funds covered by the report.

Not later than 60 days after issuing a license.

President must submit a copy of any license issued for exceptions to financial service prohibitions to Congress.

The earlier of 30 days after the President reports that the threat described in section 2(a)(1) is no longer present, or other unspecified condition.

Termination of the prohibition on financial services for certain immediate family.

PENALTIES & ENFORCEMENT

AI-extracted

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

TYPE	AMOUNT	WHO
Civil	Up to $330,947 per violation, or an amount equal to twice the amount of the transaction if greater.	Any person who violates, attempts to violate, conspires to violate, or causes a violation of the financial services prohibition or any related regulation, license, or order.
Criminal	Up to $1,000,000 fine for an organization, or up to $1,000,000 fine and/or up to 20 years imprisonment for a natural person.	Any person who willfully commits, attempts to commit, conspires to commit, or aids or abets in the violation of the financial services prohibition or any related regulation, license, or order.

GLOSSARY

AI-written

Natural person: An individual human being, as opposed to a company or organization.
Financial institution: An organization that handles money, such as a bank, credit union, or investment firm.
Politburo Standing Committee: The most powerful decision-making body in the Chinese Communist Party, consisting of its top leaders.
Taiwan Relations Act (TRA): A U.S. law passed in 1979 that outlines the U.S.'s unofficial relationship with Taiwan, including its commitment to Taiwan's defense and providing defense articles and services.
International Emergency Economic Powers Act (IEEPA): A U.S. law that grants the President the authority to regulate international commerce after declaring a national emergency in response to any unusual and extraordinary threat to the national security, foreign policy, or economy of the United States.
Significant transaction: A financial exchange of notable value or importance, as determined by the U.S. government, that U.S. financial institutions would be blocked from conducting.
Classified annex: A part of a government report that contains sensitive information and is kept separate from the public, unclassified portion due to national security concerns.

ACTION TIMELINE

14 EVENTS

JUL 22, 25

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

INTROREFERRAL

JUL 21, 25

Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

FLOOR

JUL 21, 25

Considered under suspension of the rules. (consideration: CR H3514-3517)

FLOOR

JUL 21, 25

DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.

FLOOR

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Committee Referrals

Foreign Affairs CommitteeReferred

Mar 27, 2025

house

Taiwan Conflict Deterrence Act of 2025

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

SPONSORSHIP

ACTION TIMELINE

BILL INFO

READER REACTIONS

Discussion

Taiwan Conflict Deterrence Act of 2025

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

DEADLINES & DATES

PENALTIES & ENFORCEMENT

GLOSSARY

ACTION TIMELINE

SPONSORS

READER REACTIONS

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Discussion

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Taiwan Conflict Deterrence Act of 2025

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

SPONSORSHIP

ACTION TIMELINE

BILL INFO

READER REACTIONS

Discussion

Taiwan Conflict Deterrence Act of 2025

LEGISLATIVE PROGRESS

WHAT THE BILL DOES

KEY PROVISIONS

DEADLINES & DATES

PENALTIES & ENFORCEMENT

GLOSSARY

ACTION TIMELINE

SPONSORS

READER REACTIONS

What do you think?

Discussion

MORE INFORMATION

Committee Referrals

Related Hearings

Various Measures