To require the imposition of sanctions with respect to the People’s Republic of China if the People’s Liberation Army initiates a military invasion of Taiwan.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill imposes short title This Act may be cited as the Sanctions Targeting Aggressors of Neighboring Democracies with Taiwan Act of 2023 or the STAND with Taiwan Act of 2023, imposes findings Congress makes the following findings: Taiwan is a free and prosperous democracy of nearly 24,000,000 people, an important contributor to peace and stability around the world, and continues to embody, and requires sense of Congress It is the sense of Congress that— it is in the interests of the United States to maintain a free and open Indo-Pacific region, with peace and stability in the Taiwan Strait as a critical. It relies on compliance mandates, appropriations, trade restrictions, and definition changes. The main policy areas are Foreign Businesses, Foreign Policy, Finance, and Defense.
Who Benefits and How
Foreign businesses and cross-border trade participants affected by the bill could face lower compliance burdens, National security and critical infrastructure stakeholders affected by the bill could gain revenue opportunities, and Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Foreign businesses and cross-border trade participants affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.
Key Provisions
- Imposes short title This Act may be cited as the Sanctions Targeting Aggressors of Neighboring Democracies with Taiwan Act of 2023 or the STAND with Taiwan Act of 2023.
- Imposes findings Congress makes the following findings: Taiwan is a free and prosperous democracy of nearly 24,000,000 people, an important contributor to peace and stability around the world, and continues to embody...
- Requires sense of Congress It is the sense of Congress that— it is in the interests of the United States to maintain a free and open Indo-Pacific region, with peace and stability in the Taiwan Strait as a critical...
- Requires statement of policy The policy of the Government of the United States on Taiwan is guided by the Taiwan Relations Act (22 U.S.C.
- Provides definitions In this Act: The terms account, correspondent account, and payable-through account have the meanings given those terms in section 5318A of title 31, United States Code.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill imposes short title This Act may be cited as the Sanctions Targeting Aggressors of Neighboring Democracies with Taiwan Act of 2023 or the STAND with Taiwan Act of 2023, imposes findings Congress makes the following findings: Taiwan is a free and prosperous democracy of nearly 24,000,000 people, an important contributor to peace and stability around the world, and continues to embody, and requires sense of Congress It is the sense of Congress that— it is in the interests of the United States to maintain a free and open Indo-Pacific region, with peace and stability in the Taiwan Strait as a critical.
Key Policy Areas
Foreign Businesses, Foreign Policy, Finance, Defense
Primary Purpose
The bill imposes short title This Act may be cited as the Sanctions Targeting Aggressors of Neighboring Democracies with Taiwan Act of 2023 or the STAND with Taiwan Act of 2023, imposes findings Congress makes the following findings: Taiwan is a free and prosperous democracy of nearly 24,000,000 people, an important contributor to peace and stability around the world, and continues to embody, and requires sense of Congress It is the sense of Congress that— it is in the interests of the United States to maintain a free and open Indo-Pacific region, with peace and stability in the Taiwan Strait as a critical.
Policy Domains
Whole bill
Identified Gains
- Foreign businesses and cross-border trade participants affected by the bill
- National security and critical infrastructure stakeholders affected by the bill
- Public beneficiaries or protected communities affected by the clause
- Financial services firms and customers affected by the bill
- Disaster response agencies and disaster-affected communities
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Foreign businesses and cross-border trade participants affected by the bill
- Financial services firms and customers affected by the bill
- Public beneficiaries or protected communities affected by the clause
- Telecommunications providers and users affected by the bill
Legislative Progress
IntroducedMr. Gallagher introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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