What does Preamble of STAND with Taiwan Act of 2026 do?

This bill requires sanctions on the People's Republic of China if it threatens Taiwan's security The bill has been introduced to the Senate and referred to the Committee on Banking, Housing, and Urban Affairs

What does FINDINGS. of STAND with Taiwan Act of 2026 do?

This section outlines findings related to Taiwan, its relationship with the United States, and actions by the People's Republic of China (PRC). It states that Taiwan is a free and prosperous democracy that contributes to peace and stability and embodies democratic values. The section references the Taiwan Relations Act as guiding U.S. policy, which includes maintaining friendly relations, ensuring peace and stability in the region, and providing Taiwan with defensive arms. The PRC has reportedly employed coercive tactics short of armed conflict against Taiwan, including diplomatic isolation, cyberattacks, and restricting access to resources. Recent military exercises by the PRC, including live-fire drills and incursions into Taiwan's air defense identification zone, are highlighted as evidence of increasing pressure. Testimony from a U.S. military official suggests a heightened risk of a military invasion of Taiwan within the next six years.

What does SENSE OF CONGRESS. of STAND with Taiwan Act of 2026 do?

This section expresses the sense of Congress regarding the Indo-Pacific region and Taiwan. It states that maintaining a free and open Indo-Pacific region, with stability in the Taiwan Strait, is in the interest of the United States. The section identifies actions by the People's Republic of China and the Chinese Communist Party concerning Taiwan as undermining the Taiwan Relations Act and regional stability. It asserts that a military invasion of Taiwan would threaten global peace and security and undermine U.S. interests. The section suggests that China should understand that an invasion of Taiwan would result in severe economic and financial consequences.

What does DEFINITIONS. of STAND with Taiwan Act of 2026 do?

This section defines terms used in the Act, including 'account', 'admission', and 'alien'. It specifies the meanings of terms related to the Armed Forces of the People's Republic of China and critical infrastructure in Taiwan. The section also defines terms such as 'financial institution', 'foreign person', and 'sanctioned person'. It provides definitions for 'United States person' and 'top decision-making body' with respect to the People's Republic of China and the Chinese Communist Party.

What does COVERED DETERMINATIONS. of STAND with Taiwan Act of 2026 do?

This section defines a 'covered determination' as a determination by the President or the enactment of a joint resolution. The President must determine every 30 days if certain actors have engaged in or are planning to engage in acts against Taiwan. A joint resolution can be introduced in the House or Senate to determine if an actor has engaged in or is planning to engage in such acts. The joint resolution has specific procedures for consideration in both the House and Senate, including time limits for debate and no amendments allowed. The section also outlines rules for the consideration of veto messages and the application of these procedures to revenue measures.

What does IMPOSITION OF SANCTIONS WITH RESPECT TO OFFICIALS OF THE of STAND with Taiwan Act of 2026 do?

This section outlines the imposition of sanctions against officials of the Government of the People's Republic of China and members of the Chinese Communist Party. The President must impose sanctions within three days of a covered determination and prohibit transactions with listed individuals. The listed individuals include high-ranking officials such as the General Secretary of the Chinese Communist Party, the President and Vice President of the People's Republic of China, and leaders of the State Council. Sanctions also apply to foreign persons who sell defense articles to the Armed Forces of the People's Republic of China or engage in activities that undermine Taiwan's military readiness, governing institutions, or critical infrastructure. Foreign persons involved in transnational corruption, assassination of U.S. persons or allies, or activities undermining U.S. or allied security are also subject to sanctions. Agents of sanctioned individuals or entities who attempt to evade sanctions through property transfers may also be sanctioned.

What does IMPOSITION OF SANCTIONS WITH RESPECT TO FINANCIAL of STAND with Taiwan Act of 2026 do?

This section outlines the imposition of sanctions on financial institutions affiliated with the government of the People's Republic of China. The Secretary of the Treasury must impose sanctions within three days of a covered determination. Sanctions target specific institutions, including the People's Bank of China, state-owned banks, and financial institutions owned or controlled by the Chinese government. Sanctions also extend to directors, officers, officials, and shareholders of targeted financial institutions. Transactions between U.S. persons and sanctioned financial institutions are prohibited. The President is authorized to block property and interests in property of sanctioned institutions located in the U.S. or under U.S. control. Restrictions are placed on correspondent and payable-through accounts for sanctioned institutions. The definition of 'state-owned bank' includes banks incorporated in or owned by the People's Republic of China, and specifically lists several Chinese banks.

What does IMPOSITION OF SANCTIONS WITH RESPECT TO ENTITIES OWNED BY OR of STAND with Taiwan Act of 2026 do?

The Secretary of the Treasury imposes sanctions on entities owned by or affiliated with the Chinese government or party. Sanctions are imposed within 3 days of a covered determination. Entities must be engaged in commercial activities on behalf of the Chinese government or party.

What does PROHIBITION ON TRANSFERS OF FUNDS INVOLVING THE PEOPLE'S of STAND with Taiwan Act of 2026 do?

This section prohibits depository institutions and brokers or dealers from processing transfers of funds to or from the People's Republic of China. The prohibition also applies to transfers benefiting officials of the Government of the People's Republic of China or members of the Chinese Communist Party. An exception to this prohibition exists if the transfer arises from a transaction authorized by a license. The exception requires that the transfer does not involve debiting or crediting a Chinese account.

What does PROHIBITION ON LISTING OR TRADING OF CHINESE ENTITIES ON of STAND with Taiwan Act of 2026 do?

The Securities and Exchange Commission must prohibit certain Chinese entities' securities from being traded on US exchanges. The prohibition applies to issuers listed with the China Securities Regulatory Commission. The prohibition takes effect 3 days after a covered determination is made.

Back to bills

STAND with Taiwan Act of 2026

Last updated: 3/11/2026 · Introduced: 3/11/2026

Author: Dan Sullivan (R-AK)

TL;DR (AI)

This bill mandates sanctions against Chinese officials and financial institutions if the President determines they threaten Taiwan's security, requiring action within three days of such a determination.
It prohibits U.S. financial institutions from making investments that benefit the Chinese government, Communist Party, or People’s Liberation Army, particularly in sectors identified in China’s strategic development plans.
The bill restricts transfers of funds to and from China and prohibits U.S. persons from purchasing sovereign debt issued by the Chinese government.
It authorizes the President to increase duty rates on goods imported from China and countries supporting China, potentially up to 500 percent ad valorem.
The bill restricts the listing and trading of certain Chinese entities on U.S. exchanges and prohibits exports of U.S. energy products to China.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, findings., and 2 more.

4 sections

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TITLE I

-SANCTIONS AND OTHER MEASURES IN RESPONSE TO SIGNIFICANT

12 sections

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TITLE II

-GENERAL PROVISIONS

5 sections

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