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S 3735 117th Congress Senate International Affairs

Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022

Introduced: March 2, 2022 Introduced by: Scott, Rick Republican · Florida See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 2, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now March 2, 2022

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

 Committees of jurisdiction 1