,,ib  ,union ,calendar ,no4 #bcj  #aahth
 ,,congress  #ast ,session  ,h4 ,r4 #hjc
  ,report ,no4 #aah-bhf1 ,part ,i  ,,in 
,,the ,,house ,,of ,,representatives    
,february #b1 #bjbc ,mr4 ,lucas 7for    
himself and ,mr4 ,vicente ,gonzalez of  
,texas7 introduced the following bill2  
which was referred to the ,committee on 
,financial ,services1 and in addition to
 the ,committee on ,foreign ,affairs1   
for a period to be subsequently         
determined by the ,speaker1 in each case
 for consideration of such provisions as
 fall within the jurisdiction of the    
committee concerned  ,december #a1 #bjbc
 ,additional sponsors3 ,mr4 ,lawler and 
,mr4 ,donalds  ,december #a1 #bjbc      
,reported from the ,committee on        
,financial ,services with an amendment  
,strike out all after the enacting      
clause and insert the part printed in   
italic  ,december #a1 #bjbc ,committee  
on ,foreign ,affairs discharged2        
committed to the ,committee of the      
,whole ,house on the ,state of the      

,union and ordered to be printed ,for   
text of introduced bill1 see copy of    
bill as introduced on ,february #b1     
#bjbc  ,a ,,bill  ,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 danger1 and for other        
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,pressure           
,regulatory ,organizations ,to ,end     
,chinese ,threats to ,taiwan ,act or the
 ,,protect ,taiwan ,act4  #b4 ,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  7a7 ,in general ,if  
the ,president1 pursuant to section     
#c7;c7 of the ,taiwan ,relations ,act   
7#bb ,u4,s4,c4 #ccjb7;c771 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 ,china1 it is   
the policy of the ,united ,states to    
seek to exclude representatives of the  
,people's ,republic of ,china1 to the   
maximum extent practicable1 from        
participation in meetings1 proceedings1 
and other activities of the following   
organizations--  7#a7 the ,group of     
,twenty2  7#b7 the ,bank for            
,international ,settlements2  7#c7 the  
,financial ,stability ,board2  7#d7 the 
,basel ,committee on ,banking           
,supervision2  7#e7 the ,international  
,association of ,insurance ,supervisors2
 and  7#f7 the ,international           
,organization of ,securities            
,commissions4  7b7 ,policy advancement  
,the ,secretary of the ,treasury1 the   
,board of ,governors of the ,federal    
,reserve ,system1 and the ,securities   
and ,exchange ,commission1 shall take   
all necessary steps to advance the      
policy set forth in subsection 7a74  7c7

 ,waiver ,the ,president may waive the  
application of subsection 7a7 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 ,banking1 ,housing1 and ,urban       
,affairs of the ,senate--  7#a7 that    
such waiver is in the national interest 
of the ,united ,states2 and  7#b7 that  
contains an explanation of the reasons  
therefor4  7d7 ,sunset ,this ,act and   
the requirements of this ,act shall have
 no force or effect on the date that is 
the earlier of-- 7#a7 #e years after the
 date of the enactment of this ,act2 or 
7#b7 #cj days after the date on which   
the ,president notifies ,congress that  
the termination of this ,act is in the  
national interest of the ,united        
,states4  ,december #a1 #bjbc ,reported 
from the ,committee on ,financial       
,services with an amendment ,december   
#a1 #bjbc ,committee on ,foreign        
,affairs discharged2 committed to the   

,committee of the ,whole ,house on the  
,state of the ,union and ordered to be  
printed