United States 119th Congress Status: Passed House Bipartisan · 1 R · 1 D cosponsors

HR 1716 — Taiwan Conflict Deterrence Act of 2025

Last action — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced February 27, 2025. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 46% · moderate confidence

  • Passed House

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (1 R · 1 D) — cross-party backing.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Taiwan Conflict Deterrence Act of 2025This 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.

Bill Text

What changed in the latest version

6 added · 1 removed

Plain-language change summary

The text reflects that the version of H.R. 1716 has been referred to the Senate after being received and read twice. This indicates that the bill is moving forward in the legislative process for consideration by a Senate committee.

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1716 Engrossed in House (EH)] <DOC> 119th CONGRESS 1st Session H.
1716 Referred in Senate (RFS)] <DOC> 119th CONGRESS 1st Session H.
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.
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 _______________________________________________________________________ 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.
Clerk.
KEVIN F.
119th CONGRESS 1st Session H.
MCCUMBER, Clerk.
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.
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Action History

  1. Introduced in House

  2. Introduced in House

  3. 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.

  4. 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.

  5. Committee Consideration and Mark-up Session Held

  6. Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.

  7. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.

  8. Reported (Amended) by the Committee on Financial Services. H. Rept. 119-48, Part I.

  9. Committee on Foreign Affairs discharged.

  10. Committee on Foreign Affairs discharged.

  11. Placed on the Union Calendar, Calendar No. 35.

  12. Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

  13. Considered under suspension of the rules. (consideration: CR H3514-3517)

  14. DEBATE - The House proceeded with forty minutes of debate on H.R. 1716.

  15. 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)

  16. On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3514-3515)

  17. Motion to reconsider laid on the table Agreed to without objection.

  18. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 545 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (545)

545 members have not signed on to this bill.

Show all 545 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance immigration
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HR 1716 do?
Taiwan Conflict Deterrence Act of 2025This 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.
Who sponsors HR 1716?
HR 1716 is sponsored by McClain, Lisa C. (Republican) and Sherman, Brad (Democratic).
What is the current status of HR 1716?
This bill has passed the House. Introduced February 27, 2025. It now moves to the second chamber.
Where can I track HR 1716?
Track HR 1716 free on One Click Politics — get push/email alerts when it moves.

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