David McCormick (R-PA)
Taiwan Non-Discrimination Act of 2025
A Republican bill with 3 Democratic cosponsors · See all 6 cosponsors
Last activity — Placed on Senate Legislative Calendar under General Orders. Calendar No. 100.
Cleared committee, waiting for its first floor vote
A committee approved it and it is on the calendar of the chamber it started in.
This is further than most bills get, and still no promise of a vote: the calendar is a queue, and the majority leadership decides what is called. A bill can sit here until the Congress ends.
Its path through Congress
- Introduced
- On Calendar
What this bill would do
This bill, titled the Taiwan Non-Discrimination Act of 2025, requires the Secretary of the Treasury to pursue more equitable treatment of Taiwan at international financial institutions. It outlines congressional findings regarding Taiwan's economic significance, past membership, and eligibility standards within the International Monetary Fund. The legislation expresses the sense of Congress that Taiwan should have greater participation in the International Monetary Fund. It directs the United States Governor of the International Monetary Fund to vigorously support Taiwan's admission, regular economic surveillance participation, employment opportunities for its nationals, and technical assistance. Additionally, the bill mandates that the Secretary of the Treasury include descriptions of United States support for Taiwan's participation in congressional testimony for the next seven years.
Who it would affect, and how
Potential Positive Impacts for People
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Support for Taiwan's IMF Admission: Under Section 4(a)(1), the United States Governor of the International Monetary Fund must vigorously support the admission of Taiwan as a member of the Fund, to the extent admission is sought by Taiwan. This could benefit the people of Taiwan by boosting their financial resilience and integrating their advanced economy into global financial systems.
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Enhanced Economic Surveillance: Section 4(a)(2) requires the United States Governor to support participation by Taiwan in regular surveillance activities of the Fund regarding its economic and financial policies. This ensures Taiwan's economic policies are regularly evaluated under the Fund's consultation procedures.
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Employment and Training Opportunities: Section 4(a)(3) and Section 4(a)(4) direct the United States Governor to support employment opportunities for Taiwan nationals without undue restriction, as well as the ability of Taiwan to receive appropriate technical assistance and training from the Fund. This provides professional and technical benefits for individuals from Taiwan.
Potential Negative Impacts for People
- Reporting and Administrative Burdens: Section 5 requires the Secretary of the Treasury to include a specific description of United States efforts supporting Taiwan's participation at international financial institutions in congressional testimony for each of the next seven years. This places an ongoing administrative reporting duty on the Treasury Department.
- 6/23/2025
- 3 Cosponsors added.
- 6/18/2025
- Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.
- Placed on Senate Legislative Calendar under General Orders. Calendar No. 100.
- 6/5/2025
- Committee on Foreign Relations. Ordered to be reported without amendment favorably.
- 5/22/2025
- Read twice and referred to the Committee on Foreign Relations.
- 3 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Ted BuddRepublican · North Carolina
Jeff MerkleyDemocrat · Oregon
Jacky RosenDemocrat · Nevada
Pete RickettsRepublican · Nebraska
Dan SullivanRepublican · Alaska
Elissa SlotkinDemocrat · Michigan