HR7874-118

Introduced

To terminate the United States-People’s Republic of China Income Tax Convention if the People’s Liberation Army initiates an armed attack against Taiwan.

118th Congress Introduced Apr 5, 2024

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 terminate the United States-People’s Republic of China Income Tax Convention if the People’s Liberation Army initiates an armed attack against Taiwan., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients. The main policy domain is Foreign Policy, Government Operations, Defense.

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 H50FAEB209A41474D843BBCC8C0D1C46A: 1. Conditional termination of the United States-People's Republic of China Income Tax Convention The Secretary of the Treasury shall provide written notice to...

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 terminate the United States-People’s Republic of China Income Tax Convention if the People’s Liberation Army initiates an armed attack against Taiwan., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Key Policy Areas

Foreign Policy, Government Operations, Defense

Primary Purpose

This bill, To terminate the United States-People’s Republic of China Income Tax Convention if the People’s Liberation Army initiates an armed attack against Taiwan., changes federal law or congressional policy affecting foreign governments, international partners, and aid recipients.

Policy Domains

Foreign Policy Government Operations Defense

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
Apr 5, 2024

Mr. Tony Gonzales of Texas (for himself, Mrs. Spartz, Mr. …

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 Defense
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