HR4729-118

Introduced

To authorize negotiation and conclusion and to provide for congressional consideration of a tax agreement between the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office (TECRO).

118th Congress Introduced Jul 19, 2023

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

This bill, To authorize negotiation and conclusion and to provide for congressional consideration of a tax agreement between the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office (TECRO)., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Government Operations, Finance.

Who Benefits and How

foreign governments, international partners, and aid recipients may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, foreign governments, international partners, and aid recipients may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H9295D0B0C1684E7EB8DB1EC4C1BEE326: 1. Short title This Act may be cited as the Taiwan Tax Agreement Act of 2023.
  • Section HEA749755262B4D148C482D49089D2FD6: 2. Findings Congress makes the following findings: The United States has entered into tax treaties covering 65 jurisdictions, which facilitate economic...
  • Section H22C8D7486EBD454FB843DEF6767A1D62: 3. Authorization to negotiate and conclude The President is authorized to negotiate and enter into a tax agreement relative to Taiwan through the American...
  • Section H923BD78FD8E3487C805419C04341B8A1: 4. Consultation The President shall provide written notification to the appropriate congressional committees of the commencement of negotiations between AIT...
  • Section HD67F752A5B304E35AB1BB1AB1FF126F5: 5. Approval of the Agreement Not later than 180 days after the Agreement is concluded, the Secretary of State shall provide the Agreement and technical...

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

This bill, To authorize negotiation and conclusion and to provide for congressional consideration of a tax agreement between the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office (TECRO)., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Government Operations, Finance

Primary Purpose

This bill, To authorize negotiation and conclusion and to provide for congressional consideration of a tax agreement between the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Representative Office (TECRO)., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Government Operations Finance

Whole bill

Identified Gains
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
foreign governments, international partners, and aid recipients: , ,
Identified Costs
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: , ,
foreign governments, international partners, and aid recipients: , ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 19, 2023

Mr. Connolly (for himself, Mr. McCaul, Mr. Meeks, Mr. Barr, …

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?

Domains
Foreign Policy Government Operations Finance
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury

Key Definitions

Terms defined in this bill

1 term
"concurrent resolution of approval" §HD67F752A5B304E35AB1BB1AB1FF126F5

only a concurrent resolution— which does not have a preamble

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology