,,ii  #aai? ,,congress  #a/ ,session    
,s4 #bifj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,octob] #a1 #bjbe,mr4  
,ris* introduc$ ! foll[+ bill2 :i* 0    
read twice & ref]r$ to ! ,committee on  
,=eign ,relations  ,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 ,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  #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