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US HB910
Bill
Status
6/24/2025
Primary Sponsor
Young Kim
Click for details
AI Summary
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Requires the U.S. Governor of the International Monetary Fund to use the U.S. voice and vote to support Taiwan's admission as an IMF member, participation in IMF surveillance activities, employment opportunities for Taiwan nationals at the IMF, and access to technical assistance and training
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Establishes U.S. policy not to discourage or deter Taiwan from seeking IMF membership, with provisions allowing the Secretary of the Treasury to waive requirements for up to one year if it promotes Taiwan's meaningful participation in international financial institutions
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Mandates the Secretary of the Treasury to include in annual congressional testimony a description of U.S. efforts to support Taiwan's participation at international financial institutions for the next 7 years
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Contains a sunset provision ending the bill's requirements either when the IMF Board of Governors approves Taiwan's membership or 10 years after enactment, whichever comes first
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Cites Taiwan's status as the 21st largest economy in the world, 10th largest U.S. goods trading partner, and holder of $471.9 billion in foreign exchange reserves as justification for increased IMF participation
Legislative Description
Taiwan Non-Discrimination Act of 2025
International affairs
Last Action
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 103.
6/24/2025