HR540-118

Reported

To require the Secretary of the Treasury to pursue more equitable treatment of Taiwan at the international financial institutions, and for other purposes.

118th Congress Introduced Jan 26, 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 require the Secretary of the Treasury to pursue more equitable treatment of Taiwan at the international financial institutions, and for other purposes., 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 HA59CE8A53D644E3B98C8EBE87F61495D: 1. Short title This Act may be cited as the Taiwan Non-Discrimination Act of 2023.
  • Section H4AD2838ED1FC49CFA2DB8AC6E8E59797: 2. Findings Congress finds as follows: As enshrined in its Articles of Agreement, the International Monetary Fund (IMF) is devoted to promoting international...
  • Section H7F390531F9D94BDDB842EFD02E40BA1E: 3. Sense of the Congress It is the sense of the Congress that— the size, significance, and connectedness of the Taiwanese economy highlight the importance of...
  • Section H392C0AC7B4D04877ADCE60C76B80D632: 4. Support for Taiwan admission to the IMF The United States Governor of the International Monetary Fund (in this section referred to as the Fund) shall use...
  • Section H8EA94C99148343EA82AD3E3791EEBB76: 5. Testimony requirement In each of the next 7 years in which the Secretary of the Treasury is required by section 1705(b) of the International Financial...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.

At a Glance

What This Bill Does

This bill, To require the Secretary of the Treasury to pursue more equitable treatment of Taiwan at the international financial institutions, and for other purposes., 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 require the Secretary of the Treasury to pursue more equitable treatment of Taiwan at the international financial institutions, and for other purposes., 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
Contextual inference, no direct clause citation
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: eh

Contextual inference, no direct clause citation

Identified Costs
Contextual inference, no direct clause citation
  • federal implementing agencies
  • foreign governments, international partners, and aid recipients
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: eh

Contextual inference, no direct clause citation

Legislative Progress

Reported
Introduced Committee Passed
Jan 16, 2024

Received; read twice and referred to the Committee on Foreign …

Dec 1, 2023

Additional sponsors: Mr. Lawler, Ms. Lee of Nevada, and Ms. …

Dec 1, 2023

Reported with an amendment, committed to the Committee of the …

Jan 26, 2023

Mrs. Kim of California (for herself and Mr. Green of …

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

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