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S 481 118th Congress Senate International Affairs

Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023

Introduced: February 16, 2023 Introduced by: Scott, Rick Republican · Florida See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 16, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 16, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023

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) imposing sanctions against Chinese nationals, citizens, and entities that participate in the attempt; (2) prohibiting the trading in the securities of Chinese entities on national securities exchanges; and (3) imposing sanctions on global financial communications services providers that continue to provide financial communications services to the Central Bank of China or any foreign financial institutions subject to sanctions under this bill.

What's happening now February 16, 2023

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Cramer, Kevin
North Dakota · Feb 16, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 481: Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-S-481/
MLA
"S. 481: Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-481/.
Bluebook (legal)
S. 481, 118th Cong. (2026), https://openamerica.io/bill/118-S-481/.
Markdown link
[S. 481: Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2023](https://openamerica.io/bill/118-S-481/)
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