HB803: Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act PROTECT Taiwan Act
- Introduced (completed)
- 2Passed One Chamber (current step)
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To direct certain financial regulators to exclude representatives of the People's Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.
Plain-language summary
This bill directs U.S. financial regulators to remove representatives from the People's Republic of China from certain banking organizations if there are threats or danger to Taiwan. The bill affects financial regulators and banking organizations that include Chinese representatives. The law would give regulators authority to exclude Chinese officials based on threat assessments. It is currently engrossed, meaning it has passed one and is ready for the other chamber to consider it.
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HB803: Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act PROTECT…
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Sponsors
Frank Lucas
Primary SponsorCo-sponsors (3)
Vicente Gonzalez
Michael Lawler
Byron Donalds