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H. Rept. 119-20 1 (2025-03-21)

handle is hein.congrecreports/crptxaheo0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP 119TH CONGRESS REPORT 1st Session HOUSE OF REPRESENTATIVES 119-20 TAIWAN NON-DISCRIMINATION ACT OF 2025 MARCH 21, 2025.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. HILL of Arkansas, from the Committee on Financial Services, submitted the following REPORT [To accompany H.R. 910] [Including cost estimate of the Congressional Budget Office] The Committee on Financial Services, to whom was referred the bill (H.R. 910) to require the Secretary of the Treasury to pursue more equitable treatment of Taiwan at the international financial institutions, and for other purposes, having considered the same, reports favorably thereon with an amendment and recommends that the bill as amended do pass. CONTENTS Page Purpose and Sum m ary ............................................................................................ 4 Background and Need for Legislation .................................................................... 4 Com m ittee Consideration ........................................................................................ 4 R elated H earings ..................................................................................................... 5 C om m ittee V otes ..................................................................................................... 5 Com m ittee Oversight Findings ............................................................................... 8 Perform ance Goals and Objectives ......................................................................... 8 Com m ittee Cost Estim ate ....................................................................................... 8 New Budget Authority and CBO Cost Estimate ................................................... 8 Unfunded M andates Statem ent .............................................................................. 8 E arm ark Statem ent ................................................................................................. 9 Federal Advisory Committee Act Statement ......................................................... 9 Applicability to the Legislative Branch ................................................................. 9 Duplication of Federal Program s ........................................................................... 10 Section-by-Section Analysis of the Legislation ..................................................... 10 Changes in Existing Law Made by the Bill, as Reported ................. 13 The amendment is as follows: Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the Taiwan Non-Discrimination Act of 2025. 59-006