,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #hfic  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #g1 #bjbf,mrs4   
,kim 7= h]self & ,mr4 ,olszewski7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,=eign ,affairs  ,a    
,,bill  ,to develop economic tools to   
det] aggression by ! ,p's ,republic (   
,*9a aga9/ ,taiwan4  #a4 ,%ort title    
,?is ,act may be cit$ z ! ,det] ,,prc   
,aggression ,aga9/ ,taiwan ,act4  #b4   
,s5se ( ,congress  7a7 ,s5se ( ,congress
 reg>d+ prep>$ness ,to impose sanctions 
9 ! ev5t ( a ,taiwan cont+5cy ,x is !   
s5se ( ,congress t ! ,unit$ ,/ates mu/  
be prep>$ to take imm$iate action to    
impose sanctions ) respect to any       
milit>y or non-milit>y entities own$1   
controll$1 or act+ at ! direction ( !   
,gov]nm5t ( ! ,,prc or ! ,*9ese         
,communi/ ,p>ty t are support+ actions  
by ! ,gov]nm5t ( ! ,,prc or by ! ,*9ese 
,communi/ ,p>ty--  7#a7 to ov]?r[ or    
dismantle ! gov]n+ in/itutions 9        
,taiwan2  7#b7 to occupy any t]ritory   

controll$ or adm9i/]$ by ,taiwan2  7#c7 
to violate ! t]ritorial integrity (     
,taiwan2 or  7#d7 to take significant   
action aga9/ ,taiwan1 includ+--  7,a7   
conduct+ a naval blockade ( ,taiwan2    
7,b7 seiz+ any outly+ isl& ( ,taiwan2 or
  7,c7 p]petrat+ a significant physical 
or cyb] attack on ,taiwan t erodes !    
ability ( ! gov]n+ in/itutions 9 ,taiwan
 to op]ate or provide ess5tial s]vices  
to ! citiz5s ( ,taiwan4  7b7 ,s5se (    
,congress reg>d+ ,unit$ ,/ates policy   
t[>d ,taiwan & ! ,gov]nm5t ( ! ,,prc ,x 
is ! s5se ( ,congress t-- 7#a7 plann+ & 
recomm5dations develop$ by ! ,,prc      
,sanctions ,task ,=ce pursuant to       
section #d are int5d$ to complim5t o!r  
,unit$ ,/ates responses to ,,prc        
aggression & n contrav5e long-/&+ ,unit$
 ,/ates policy on ,taiwan2  7#b7 ,!     
,unit$ ,/ates rema9s committ$ to its ,"o
 ,*9a policy1 guid$ by ! ,taiwan        
,relations ,act 7#bb ,u4,s4,c4 #ccja et 
seq471 ! ?ree ,unit$ ,/ates-,p's        
,republic ( ,*9a ,jo9t ,communiqus1 & ! 

,six ,assurances2  7#c7 any attempt by !
 ,p's ,republic ( ,*9a to resolve       
,taiwan's /atus ?r\gh =ce1 co]cion1 or  
o!r non-peaceful means is contr>y to    
,unit$ ,/ates policy & national int]e/s2
 &  7#d7 ! future ( ,taiwan %\ld be     
det]m9$ peacefully1 free f ! use (      
milit>y =ce or any o!r =ms ( milit>y1   
economic1 or o!r =ms ( co]cion f ! ,p's 
,republic ( ,*9a1 & 9 a mann] t is      
acceptable to ! p ( ,taiwan4  #c4       
,def9itions ,9 ?is ,act3  7#a7          
,appropriate congressional committees ,!
 t]m appropriate congressional          
committees means-- 7,a7 ! ,committee on 
,=eign ,relations ( ! ,s5ate2  7,b7 !   
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate2  7,c7 ! ,committee 
on ,comm]ce1 ,sci5ce1 & ,transportation 
( ! ,s5ate2  7,d7 ! ,committee on       
,f9ance ( ! ,s5ate2  7,e7 ! ,committee  
on ,=eign ,affairs ( ! ,h\se (          
,repres5tatives2  7,f7 ! ,committee on  
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives2  7,g7 ! ,committee on  

,en]gy & ,comm]ce ( ! ,h\se (           
,repres5tatives2 &  7,h7 ! ,committee on
 ,ways & ,means ( ! ,h\se (             
,repres5tatives4  7#b7 ,,prc ,! t]m     
,,prc means ! ,p's ,republic ( ,*9a4    
7#c7 ,,prc sanctions task =ce2 task =ce 
,! t]ms ,,prc ,sanctions ,task ,=ce &   
,task ,=ce mean ! task =ce e/abli%$     
pursuant to section #d4  #d4 ,,prc      
,sanctions ,task ,=ce  7a7 ,e/abli%m5t  
,n lat] ?an #ahj days aft] ! date ( !   
enactm5t ( ?is ,act1 ! ,coord9ator =    
,sanctions ( ! ,dep>tm5t ( ,/ate & !    
,director ( ! ,(fice ( ,=eign ,assets   
,control ( ! ,dep>tm5t ( ! ,treasury1 9 
coord9ation ) ! ,director ( ,national   
,intellig5ce & ! heads ( o!r ,f$]al     
ag5cies1 z appropriate1 %all e/abli% an 
int]ag5cy task =ce to id5tify milit>y & 
non-milit>y entities t c\ld be subject  
to sanctions or o!r economic actions    
impos$ by ! ,unit$ ,/ates imm$iately    
foll[+ any action tak5 by ! ,,prc t     
demon/rates an attempt to a*ieve1 or has
 ! significant effect ( a*iev+1 !       

physical or political control ( ,taiwan1
 includ+ by tak+ any ( ! actions        
describ$ 9 p>agraphs 7#a7 ?r\gh 7#d7 (  
section #b4  7b7 ,/rategy ,n lat] ?an   
#ahj days aft] ! e/abli%m5t ( ! ,,prc   
,sanctions ,task ,=ce1 ! ,task ,=ce %all
 provide a brief+ to ! appropriate      
congressional committees = id5tify+     
propos$ t>gets = sanctions or o!r       
economic actions ref]r$ to 9 subsection 
7a71 :i* %all-- 7#a7 assess h[ exi/+    
sanctions programs c\ld be us$ to impose
 sanctions ) respect to entities        
id5tifi$ by ! ,task ,=ce2  7#b7 develop 
or propose1 z appropriate1 new sanctions
 au?orities t might be requir$ to impose
 sanctions ) respect to su* entities2   
7#c7 analyze ! pot5tial economic        
consequ5ces to ! ,unit$ ,/ates1 & to    
allies & p>tn]s ( ! ,unit$ ,/ates1 (    
impos+ v>i\s types ( su* sanctions )    
respect to su* entities2  7#d7 assess   
measures t c\ld be tak5 to mitigate !   
consequ5ces ref]r$ to 9 p>agraph 7#c71  
includ+ ?r\gh ! use ( lic5ses1          

exemptions1 c>ve-outs1 & o!r approa*es2 
7#e7 include coord9ation ) allies &     
p>tn]s ( ! ,unit$ ,/ates--  7,a7 to     
lev]age sanctions & o!r economic tools  
includ+ actions t>get+ ! ,,prc's        
f9ancial & indu/rial sectors to det] or 
respond to aggression aga9/ ,taiwan2    
7,b7 to id5tify & resolve pot5tial      
imp$im5ts to coord9at+ sanctions-relat$ 
ef=ts or o!r economic actions ) respect 
to respond+ to or det]r+ aggression     
aga9/ ,taiwan2  7,c7 to id5tify         
indu/ries1 sectors1 or goods & s]vices  
:]e ! ,unit$ ,/ates & allies & p>tn]s ( 
! ,unit$ ,/ates c take coord9at$ action 
?r\gh sanctions or o!r economic tools t 
w h a significant negative impact on !  
economy ( ! ,,prc2 &  7,d7 to coord9ate 
actions ) p>tn]s & allies to provide    
economic support to ,taiwan & o!r       
c\ntries be+ ?reat5$ by ! ,,prc1 includ+
 measures to c\nt] economic co]cion by !
 ,,prc2  7#f7 assess ! res\rce gaps &   
ne$s at ! ,dep>tm5t ( ,/ate1 ! ,dep>tm5t
 ( ! ,treasury1 ! ,dep>tm5t ( ,comm]ce1 

! ,unit$ ,/ates ,trade ,repres5tative1 &
 o!r ,f$]al ag5cies1 z appropriate1 to  
mo/ effectively use sanctions & o!r     
economic tools to respond to ! ?reats   
pos$ by ! ,,prc2  7#g7 recomm5d h[ be/  
to t>get sanctions & o!r economic tools 
aga9/ individuals1 entities1 & economic 
sectors 9 ! ,,prc1 :i* %all take into   
acc\nt--  7,a7 ! role ( su* t>gets 9    
support+ policies & activities ( !      
,gov]nm5t ( ! ,,prc1 or ( ! ,*9ese      
,communi/ ,p>ty1 t pose a ?reat to !    
national security or =eign policy       
int]e/s ( ! ,unit$ ,/ates2  7,b7 !      
negative economic implications ( su*    
sanctions & tools = ! ,gov]nm5t ( !     
,,prc1 includ+ its ability to a*ieve its
 objectives ) respect to ,taiwan2 &     
7,c7 ! pot5tial impact ( su* sanctions &
 tools on ! /ability ( ! global f9ancial
 sy/em1 includ+ ) respect to-- 7i7      
/ate-own$ ent]prises2  7ii7 (ficials ( !
 ,gov]nm5t ( ! ,,prc & ( ! ,*9ese       
,communi/ ,p>ty2  7iii7 f9ancial        
in/itutions associat$ ) ! ,gov]nm5t ( ! 

,,prc2 &  7iv7 companies 9 ! ,,prc t are
 n =mally designat$ by ! ,gov]nm5t ( !  
,,prc z /ate-own$ ent]prises2 &  7#h7   
id5tify any =eign milit>y or non-milit>y
 entities t w\ld likely be us$ to a*ieve
 ! outcomes specifi$ 9 section #b1      
includ+ entities 9 ! %ipp+1 logi/ics1   
en]gy 7includ+ oil & gas71 m>itime1     
aviation1 gr\nd transportation1 &       
te*nology sectors4  #e4 ,annual report  
,n lat] ?an #ahj days aft] ! brief+     
requir$ "u section #d7;b71 & annually   
!reaft]1 ! ,,prc ,sanctions ,task ,=ce  
%all submit a classifi$ report to !     
appropriate congressional committees t  
includes in=mation reg>d+-- 7#a7 any    
entities id5tifi$ pursuant to section   
#d7;b77#h72  7#b7 any new au?orities    
requir$ to impose sanctions ) respect to
 su* entities2  7#c7 pot5tial economic  
impacts on ! ,,prc1 ! ,unit$ ,/ates1 &  
allies & p>tn]s ( ! ,unit$ ,/ates       
result+ f ! imposition ( sanctions )    
respect to su* entities2  7#d7          
mitigation measures t c\ld be employ$ to

 limit any delet]i\s economic impacts on
 ! ,unit$ ,/ates & allies & p>tn]s ( !  
,unit$ ,/ates ( su* sanctions2  7#e7 !  
/atus ( coord9ation ) allies & p>tn]s ( 
! ,unit$ ,/ates reg>d+ sanctions & o!r  
economic tools id5tifi$ "u ?is ,act2    
7#f7 res\rce gaps & recomm5dations to   
enable ! ,dep>tm5t ( ,/ate & ! ,dep>tm5t
 ( ! ,treasury to use sanctions to m    
effectively respond to ! malign         
activities ( ! ,gov]nm5t ( ! ,,prc2 &   
7#g7 any additional res\rces t may be   
necess>y to c>ry out ! /rategies &      
recomm5dations includ$ 9 ! report       
submitt$ pursuant to section #d7;b74    
#f4 ,rules ( con/ruction  7a7 ,rule (   
con/ruction reg>d+ cont9u$ ,unit$ ,/ates
 policy t[>d ,taiwan & ! ,gov]nm5t ( !  
,,prc ,no?+ 9 ?is ,act may be con/ru$ z 
a *ange to ! ,"o ,*9a ,policy ( ! ,unit$
 ,/ates1 :i* is guid$ by ! ,taiwan      
,relations ,act 7#bb ,u4,s4,c4 #ccja et 
seq471 ! ?ree ,unit$ ,/ates-,p's        
,republic ( ,*9a ,jo9t ,communiqus1 & ! 
,six ,assurances4  7b7 ,rule (          

con/ruction reg>d+ sanctions au?orities 
id5tifi$ or recomm5d$ by ! ,task ,=ce   
,none ( ! sanctions id5tifi$ or         
recomm5d$ pursuant to ?is ,act are      
self-execut+4 ,any su* sanctions may    
only be impos$ on an entity if !y are   
explicitly au?oriz$ "u--  7#a7 a ,f$]al 
law t 0 9 effect on ! day be=e ! date ( 
! enactm5t ( ?is ,act2 or  7#b7 an ,act 
( ,congress t is enact$ aft] ! date ( ! 
enactm5t ( ?is ,act4