H.R. 1730

119 HR 1730 IH: No Alipay Act of 2025
 U.S. House of Representatives
 2025-02-27
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 I  119th CONGRESS  1st Session  H. R. 1730  IN THE HOUSE OF REPRESENTATIVES   February 27, 2025   Mr. Ogles  introduced the following bill; which was referred to the  Committee on Financial Services    A BILL
To prohibit any transactions using Alipay in the United States.
1.
Short title
This Act may be cited as the   No Alipay Act of 2025  .
2.
Prohibition on use of Alipay
No financial transactions between AliPay (China) Internet Technology Company Limited (referred to in this Act as  AliPay ) and a United States person are permitted, including the use of any application or payment processing services operated by Alipay.
3.
Definitions
In this Act:
(1)
The term  United States person  means—
(A)
a national of the United States;
(B)
an alien lawfully admitted for permanent residence;
(C)
an entity organized under the laws of the United States or under the laws of any jurisdiction within the United States (including a foreign branch of such an entity); or
(D)
an individual who is physically present in the United States.
(2)
The term  financial transaction  means—
(A)
a transaction which in any way or degree affects interstate or foreign commerce—
(i)
involving the movement of funds by wire or other means; or
(ii)
involving one or more monetary instruments; or
(B)
a transaction involving the use of a financial institution which is engaged in, or the activities of which affect, interstate or foreign commerce in any way or degree.