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

12/29/2022, 10:18 PM

Congressional Summary of S 3735

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.

Current Status of Bill S 3735

Bill S 3735 is currently in the status of Bill Introduced since March 2, 2022. Bill S 3735 was introduced during Congress 117 and was introduced to the Senate on March 2, 2022.  Bill S 3735's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 2, 2022

Bipartisan Support of Bill S 3735

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3735

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill S 3735

Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022
Deterring Communist Chinese Aggression against Taiwan through Financial Sanctions Act of 2022
A bill to impose sanctions to deter aggression by the People's Republic of China against Taiwan, and for other purposes.

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