HR 1716
· 119th Congress
· Finance and Financial Sector
Taiwan Conflict Deterrence Act of 2025
Sponsor
Latest action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
Jul 22, 2025
introduced
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee
Jul 21, 2025
floor
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 21, 2025
floor
Considered under suspension of the rules. (consideration: CR H3514-3517: 1)
Jul 21, 2025
floor
DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.
Jul 21, 2025
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)
Jul 21, 2025
passed
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)
Jul 21, 2025
passed
Motion to reconsider laid on the table Agreed to without objection.
Mar 27, 2025
committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.
Financial Services Committee
Mar 27, 2025
committee
Committee on Foreign Affairs discharged.
Foreign Affairs Committee
Mar 27, 2025
other
Placed on the Union Calendar, Calendar No. 35.
Mar 05, 2025
committee
Committee Consideration and Mark-up Session Held
Financial Services Committee
Mar 05, 2025
committee
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Financial Services Committee
Feb 27, 2025
introduced
Introduced in House
Feb 27, 2025
introduced
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.
Financial Services Committee · Foreign Affairs Committee
Text versions
Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.
CRS summaries
Plain-English summaries written by the Congressional Research Service — neutral, nonpartisan staff who summarize bills as they advance through stages. The authoritative description of what each version of the bill does.
00
Introduced in House
Feb 27, 2025
Taiwan Conflict Deterrence Act of 2025
This bill, in the event of a threat to U.S. interests by China, (1) requires additional reporting on the domestic and foreign financial activity of specified Chinese officials, and (2) prohibits certain financial transactions with specified Chinese officials.
Upon a determination by the President that such a threat exists, the bill requires the Department of the Treasury to (1) report to Congress on funds held by certain members of the Chinese Communist Party, including the total amount of funds, a description of the funds, and a list of related financial institutions; and (2) brief Congress on how these funds were acquired and any illicit or corrupt means employed to acquire or use the funds. These requirements are subject to specified exemptions and waivers.
After such a report is made, Treasury must prohibit significant transactions between U.S. financial institutions and these individuals (and their immediate family, if appropriate). The bill provides exceptions for intelligence, law enforcement, and national security activities. The President may waive the prohibition under certain circumstances.
via Congressional Research Service · published through congress.gov
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+17
−12
13 unchanged
--- Referred (Senate)
+++ Engrossed (House)
@@ -1,19 +1,11 @@
[From the U.S. Government Publishing Office]
-[H.R. 1716 Referred in Senate (RFS)]
+[H.R. 1716 Engrossed in House (EH)]
<DOC>
+
119th CONGRESS
1st Session
H. R. 1716
-
-_______________________________________________________________________
-
-IN THE SENATE OF THE UNITED STATES
-
-July 22, 2025
-
-Received; read twice and referred to the Committee on Banking, Housing,
-and Urban Affairs
_______________________________________________________________________
@@ -226,6 +218,19 @@
Attest:
-KEVIN F. MCCUMBER,
-
Clerk.
+119th CONGRESS
+
+1st Session
+
+H. R. 1716
+
+_______________________________________________________________________
+
+AN ACT
+
+To deter Chinese aggression towards Taiwan by requiring the Secretary
+of the Treasury to publish a report on financial institutions and
+accounts connected to senior officials of the People's Republic of
+China, to restrict financial services for certain immediate family of
+such officials, and for other purposes.
Cosponsors (1)
Members who signed on to support this bill.