{"format":1,"id":"119-hr-1531","congress":119,"number":"H.R. 1531","kind":"bill","group":"bills","title":"PROTECT Taiwan Act","title_source":"Short Title(s) as Passed House","official_title":"To direct certain financial regulators to exclude representatives of the People's Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes.","titles":[{"type":"Official Title as Introduced","title":"To direct certain financial regulators to exclude representatives of the People's Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes."},{"type":"Short Titles from RFS (Referred to Senate) bill text","title":"PROTECT Taiwan Act"},{"type":"Short Titles from RFS (Referred to Senate) bill text","title":"Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act"},{"type":"Official Title from EH (Engrossed in House) bill text","title":"To direct certain financial regulators to exclude representatives of the People’s Republic of China from certain banking organizations upon notice of certain threats or danger, and for other purposes."},{"type":"Short Title(s) as Passed House","title":"PROTECT Taiwan Act"},{"type":"Short Title(s) as Passed House","title":"Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act"},{"type":"Short Title(s) as Reported to House","title":"PROTECT Taiwan Act"},{"type":"Short Title(s) as Reported to House","title":"Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act"},{"type":"Display Title","title":"PROTECT Taiwan Act"},{"type":"Short Title(s) as Introduced","title":"PROTECT Taiwan Act"},{"type":"Short Title(s) as Introduced","title":"Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act"}],"outcome":"passed_house","law_number":null,"introduced":"2025-02-24","chambers":{"house":{"status":"roll_call","date":"2026-02-09","vote":{"id":"119-2026-h58","question":"On Motion to Suspend the Rules and Pass, as Amended","title":"PROTECT Taiwan Act","result":"Passed","yea":395,"nay":2,"present":0,"not_voting":35,"source":"https://clerk.house.gov/evs/2026/roll058.xml"}},"senate":{"status":"pending","date":null,"vote":null}},"president":{"status":"not_yet","date":null},"vice_president_tie_breaker":null,"latest_action":{"text":"Received in the Senate and Read twice and referred to the Committee on Foreign Relations.","date":"2026-02-11"},"nominees":null,"amendments":[],"other_votes":[],"crs_summary":{"date":"2025-11-25","stage":"Reported to House","blocks":[{"k":"h","t":"Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act or the PROTECT Taiwan Act"},{"k":"p","t":"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."},{"k":"p","t":"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 system, or social system; and (2) danger to U.S. interests."},{"k":"p","t":"The six specified organizations are"},{"k":"li","t":"the Group of Twenty,","d":1},{"k":"li","t":"the Bank for International Settlements,","d":1},{"k":"li","t":"the Financial Stability Board,","d":1},{"k":"li","t":"the Basel Committee on Banking Supervision,","d":1},{"k":"li","t":"the International Association of Insurance Supervisors, and","d":1},{"k":"li","t":"the International Organization of Securities Commissions.","d":1},{"k":"p","t":"In the event that the President so informs Congress, the bill requires the Department of the Treasury, the Federal Reserve, and the Securities and Exchange Commission to take all necessary steps to advance the exclusion policy."},{"k":"p","t":"The President may waive the application of this policy to an organization if doing so is in the national interest of the United States."}],"words":195},"summary":{"main_subject":{"text":"Sets out a policy of seeking to exclude representatives of the People's Republic of China from six international financial and regulatory organizations if the President informs Congress of a threat to Taiwan and a resulting danger to U.S. interests.","cites":[{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text/eh#H80C2E1EE72244D86B50FB6B2AFFEA96F"}]},"core_areas":["Exclusion of People's Republic of China representatives from international financial and regulatory bodies","Presidential notice to Congress under the Taiwan Relations Act"],"what_it_does":[{"text":"Makes it U.S. policy to seek to exclude People's Republic of China representatives, to the maximum extent practicable, from meetings, proceedings and other activities of six named organizations if the President informs Congress under section 3(c) of the Taiwan Relations Act of a threat to Taiwan and a resulting danger to U.S. interests.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text/eh#H80C2E1EE72244D86B50FB6B2AFFEA96F"}},{"text":"Names the six organizations as 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.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text/eh#H80C2E1EE72244D86B50FB6B2AFFEA96F"}},{"text":"Requires the Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission to take all necessary steps to advance that policy.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text/eh#H80C2E1EE72244D86B50FB6B2AFFEA96F"}},{"text":"Allows the President to waive the policy for an organization by submitting a report to the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs stating that the waiver is in the national interest and explaining the reasons.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text/eh#H80C2E1EE72244D86B50FB6B2AFFEA96F"}},{"text":"Ends the Act's force and effect on the earlier of 5 years after enactment or 30 days after the President notifies Congress that terminating the Act is in the national interest of the United States.","cite":{"label":"Sec. 2","href":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text/eh#H80C2E1EE72244D86B50FB6B2AFFEA96F"}}],"unexpected":[],"version":{"type":"Engrossed in House","date":"2026-02-09","rule":"passed","href":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text/eh"},"current":true,"model":"claude-sonnet-5-5","approved":"2026-10-03","approved_by":"checks"},"sources":{"congress_gov":"https://www.congress.gov/bill/119th-congress/house-bill/1531","text":"https://www.congress.gov/bill/119th-congress/house-bill/1531/text"},"card":{"image":"card/item/119-hr-1531.png","v":"20eefb43261c","alt":"Votes on Record. H.R. 1531, 119th Congress: PROTECT Taiwan Act. House: 395 Yea, 2 Nay. Senate: not yet considered. Outcome: Passed House, 9 Feb 2026."}}