Taiwan Conflict Deterrence Act of 2025
HR 1716 requires the U.S. Treasury to report annually (for 3 years) on funds held by specific Chinese Communist Party officials - such as Politburo Standing Committee members and Central Committee members affecting Taiwan - and the financial institutions handling those funds. It prohibits U.S. banks from conducting significant transactions with those officials and their immediate family members (spouses, parents, children, etc.) if the family benefits from the reported funds. The law includes exemptions for national security cooperation and allows the President to waive restrictions if they serve U.S. security interests. The reporting and transaction rules expire 30 days after the threat is deemed resolved or 25 years after the first report, whichever comes first.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Jul 2025
House Passage
Jul 2025
Senate Passage
President
Introduced Feb 27, 2025
Last action Jul 22, 2025
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
14
Key actions
4
Committee
5
Amendments
3
Jul 22, 2025
Committee
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jul 21, 2025
Introduced
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)
lower
Jul 21, 2025
Lower · Passed
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)
lower
Jul 21, 2025
Introduced
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
lower
Mar 27, 2025
Lower · Passed
Committee on Foreign Affairs discharged.
lower
Mar 27, 2025
Lower · Passed
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.
lower
Mar 5, 2025
Introduced
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
lower
Mar 5, 2025
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Feb 27, 2025
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Feb 27, 2025
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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