US Congress · H.R. 1531 · Passed the House

PROTECT Taiwan Act

Introduced

Moved

Reached a final decision

Introduced 2025-02-24

Derived from the official record below.

Officially: “PROTECT Taiwan Act” Read the full text

International Affairs

What it does

Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act This bill requires certain federal entities to seek to exclude China from six international financial organizations if the President informs Congress that China's actions threaten Taiwan and pose a danger to U.S. interests. Specifically, the bill establishes that it is U.S. policy to seek to exclude Chinese representatives from participating in the activities of six international organizations if the President informs Congress that China's actions pose any (1) threat to Taiwan's security, economic

Summary by the Congressional Research Service, from the official record. Plain-language version below. Not legal advice.

Read it in plain language

AI plain language2 sections

Written by AI from the complete official bill text and independently fact-checked against it. Not legal advice.

1Short title

This section says the Act may be called the Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act.

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Official text, verbatim from the record

1. Short title This Act may be cited as the Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act .

2Statement of policy regarding the exclusion of representatives of the people's republic of china from certain banking organizations upon notice of certain threats or danger

This section says that if the President, under section 3(c) of the Taiwan Relations Act, tells Congress about a threat to the security or the social or economic system of the people on Taiwan, and about danger to United States interests coming from actions of the People's Republic of China, then it becomes United States policy to try to exclude representatives of the People's Republic of China, as much as is practically possible, from participating in meetings, proceedings, and other activities of six organizations: the Group of Twenty, the Bank for International Settlements, the Financial Stability Board, the Basel Committee on Banking Supervision, the International Association of Insurance Supervisors, and the International Organization of Securities Commissions. The Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission would each have to take all necessary steps to carry out this policy. The President could waive this exclusion policy for any one of the six organizations by submitting a report to the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs, and that report would have to state that the waiver is in the national interest of the United States and explain the reasons for the waiver. This Act and its requirements would stop having any legal effect on whichever of the following happens first: five years after the Act becomes law, or 30 days after the President notifies Congress that ending the Act is in the national interest of the United States.

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Official text, verbatim from the record

2. Statement of policy regarding the exclusion of representatives of the people’s republic of china from certain banking organizations upon notice of certain threats or danger (a) In general If the President, pursuant to section 3(c) of the Taiwan Relations Act ( 22 U.S.C. 3302(c) ), informs the Congress of any threat to the security or the social or economic system of the people on Taiwan and any danger to the interests of the United States arising therefrom resulting from actions of the People’s Republic of China, it is the policy of the United States to seek to exclude representatives of the People’s Republic of China, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations: (1) The Group of Twenty. (2) The Bank for International Settlements. (3) The Financial Stability Board. (4) The Basel Committee on Banking Supervision. (5) The International Association of Insurance Supervisors. (6) The International Organization of Securities Commissions. (b) Policy advancement The Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission, shall take all necessary steps to advance the policy set forth in subsection (a). (c) Waiver The President may waive the application of subsection (a) with respect to an organization upon submission of a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate— (1) that such waiver is in the national interest of the United States; and (2) that contains an explanation of the reasons therefor. (d) Sunset This Act and the requirements of this Act shall have no force or effect on the date that is the earlier of— (1) 5 years after the date of the enactment of this Act; or (2) 30 days after the date on which the President notifies Congress that the termination of this Act is in the national interest of the United States.

AI plain languageRead the whole bill in plain language, 2 sections

Where it is

Introduced · 2025-02-24

In the House.

Passed the House · 2026-02-09

Senate floor vote · next · the next step

Official documents

Full bill textread it on this site, version rfs (Referred in Senate), as published by GovInfo

official

Congressional Budget Office cost estimatewhat it would cost, by the nonpartisan CBO

official

The on-site text is shown verbatim from the GovInfo publication, captured 2026-07-23. The same version at GovInfo.

The numbers

29%

of bills that passed one chamber became law in the 118th Congress, 2023 to 2024 (n=939)

sponsors, out of 218 needed to pass

Every fact on this page links to its source, starting with the official bill record. Last action: Received in the Senate and Read twice and referred to the Committee on Foreign Relations. (2026-02-11).