PROTECT Taiwan Act

Bill: 118-hr-803
Sponsor: Rep. Lucas, Frank D. [R-OK-3]
Introduced: 2023-02-02 in the House
Policy area: International Affairs
Subjects: Asia
Banking and financial institutions regulation
China
Foreign and international banking
Presidents and presidential powers, Vice Presidents
Sanctions
Taiwan

Summary:
action_date: 2023-02-02
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.

action_date: 2023-12-01
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.


Legislative actions:
action_date: 2024-01-16
text: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.
action_date: 2024-01-12
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2024-01-12
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 1/10/2024 CR H33-34)
action_date: 2024-01-12
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: 1/10/2024 CR H33-34)
action_date: 2024-01-12
text: Considered as unfinished business. (consideration: CR H125)
action_date: 2024-01-10
text: At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. McHenry objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
action_date: 2024-01-10
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 803.
action_date: 2024-01-10
text: Considered under suspension of the rules. (consideration: CR H33-35)
action_date: 2024-01-10
text: Mr. McHenry moved to suspend the rules and pass the bill, as amended.
action_date: 2023-12-01
text: Placed on the Union Calendar, Calendar No. 230.
action_date: 2023-12-01
text: Committee on Foreign Affairs discharged.
action_date: 2023-12-01
text: Committee on Foreign Affairs discharged.
action_date: 2023-12-01
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 118-286, Part I.
action_date: 2023-12-01
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 118-286, Part I.
action_date: 2023-02-28
text: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 37 - 0.
action_date: 2023-02-28
text: Committee Consideration and Mark-up Session Held.
action_date: 2023-02-02
text: 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.
action_date: 2023-02-02
text: 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.
action_date: 2023-02-02
text: Introduced in House
action_date: 2023-02-02
text: Introduced in House