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H.R. 1531

U.S. House•In Senate Committee

Summary

H.R. 1531, the PROTECT Taiwan Act, was introduced in the House on Feb 24, 2025 by Rep. Frank Lucas (R) with 2 co-sponsors. It was referred to Foreign Relations, and last saw action on Feb 11, 2026: Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Record

Text

H.R. 1531 has 2 co-sponsors and 1 roll call.

hb1531/engrossed-in-house.txt
119 HR 1531 EH: Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act
 U.S. House of Representatives
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 IB
 119th CONGRESS  2d Session
 H. R. 1531
 IN THE HOUSE OF REPRESENTATIVES
 AN ACT
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.
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  .
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.
      Passed the House of Representatives February 9, 2026.  Kevin F. McCumber,  Clerk.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-02-24
  2. Passed House2026-02-09
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Reported to House Nov 25, 2025

hb1531/reported-to-house.md

Shown Here:
Reported to House (11/25/2025)

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 system, or social system; and (2) danger to U.S. interests.

The six specified organizations are

  • 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.

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.

The President may waive the application of this policy to an organization if doing so is in the national interest of the United States.

Sponsors

Rep. Frank Lucas (R) sponsors H.R. 1531, and 2 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

H.R. 1531 went before 3 committees: Foreign Relations, Foreign Affairs and Financial Services.

Foreign Relations
Foreign Relations
Referred To · Feb 11, 2026 · 385 Bills
Foreign Affairs
Foreign Affairs
Discharged From · Nov 25, 2025 · 658 Bills
Financial Services
Financial Services
Reported By · Nov 25, 2025 · 559 Bills

Reports

1 committee report has been filed on H.R. 1531, the latest H. Rept. 119-388.

  • H. Rept. 119-388 — PRESSURE REGULATORY ORGANIZATIONS TO END CHINESE THREATS TO TAIWAN ACT

Actions

H.R. 1531 has taken 16 actions since Feb 24, 2025, the latest on Feb 11, 2026.

ChamberAction
Feb 11, 2026
Senate
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.Foreign Relations Committee
Feb 9, 202616:43
House
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Feb 9, 202616:43
House
Considered under suspension of the rules. (consideration: CR H2078-2079)
Feb 9, 202616:43
House
DEBATE - The House proceeded with forty minutes of debate on H.R. 1531.
Feb 9, 202616:52
House
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

Votes

H.R. 1531 went to 1 roll call in the House, the latest on Feb 9, 2026 at 395–2.

ChamberQuestion
Yea
Nay
Feb 9, 2026
House
On Motion to Suspend the Rules and Pass, as Amended
395
2

Titles

H.R. 1531 goes by 11 titles, 8 of them short titles.

  • Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act — Short Titles from RFS (Referred to Senate) bill text
  • PROTECT Taiwan Act — Short Titles from RFS (Referred to Senate) bill text
  • 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. — Official Title as Introduced
  • PROTECT Taiwan Act — Short Title(s) as Passed House
  • Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act — Short Title(s) as Passed House
  • 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. — Official Titles from EH (Engrossed in House) bill text
  • PROTECT Taiwan Act — Short Title(s) as Reported to House
  • Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act — Short Title(s) as Reported to House
  • PROTECT Taiwan Act — Display Title
  • Pressure Regulatory Organizations To End Chinese Threats to Taiwan Act — Short Title(s) as Introduced
  • PROTECT Taiwan Act — Short Title(s) as Introduced

Cost estimate

The Congressional Budget Office has filed 1 estimate for H.R. 1531, the latest on Sep 25, 2025.

Classification

The Congressional Research Service files H.R. 1531 under International Affairs, one of its 31 policy areas, and gives it 7 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 1531’s is International Affairs.

hr1531/policy-areas.txt
International AffairsAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 1531 carries 7 of CRS’s legislative subjects, from Asia to Taiwan.

hr1531/subjects.txt
AsiaBanking and financial institutions regulationChinaForeign and international bankingPresidents and presidential powers, Vice PresidentsSanctionsTaiwan

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 1531, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 36 (Monday, February 24, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LUCAS:H.R. 1531.Congress has the power to enact this legislation pursuantto the following:Article 1 Section 8[Page H769]

Source: congress.gov · legiscan.com