Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022
Latest action · Mar 2, 2022 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 2, 2022
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022
This bill requires sanctions and other actions if China's government makes any attempt to subject Taiwan to China's control, including by invading Taiwan's territory.
If China's government makes such an attempt, the bill requires certain actions, including (1) the imposition of sanctions against Chinese nationals, citizens, and entities that participate in the attempt; and (2) a prohibition against trading in the securities of Chinese entities on national securities exchanges.
Cosponsors 2
Members who signed on, in the order they did. All signed on Mar 2, 2022.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-LA | John Kennedy | Original | Mar 2, 2022 |
| R-ND | Kevin Cramer | Original | Mar 2, 2022 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Mar 2, 2022 |
Actions 2
Everything that happened, newest first.
- Mar 2, 2022Introduced in Senate
- Mar 2, 2022Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 481 | Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023 | Reintroduced Bill | Feb 16, 2023 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to impose sanctions to deter aggression by the People's Republic of China against Taiwan, and for other purposes.
- Short Title(s) as Introduced
- Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022
Subjects
Assigned by the Library of Congress. Policy area: International Affairs.
Text 1
Each version as it was printed, newest first.
- Mar 2, 2022Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
