Bill > HR8358

This bill, the Taiwan Allies Fund Act, aims to support Taiwan's international presence and relationships. It authorizes $40 million in funding for each of the fiscal years 2025-2027 from the Countering PRC Influence Fund to support activities in countries that maintain official or meaningful unofficial relations with Taiwan and have faced coercion from China due to these ties. The funds can be used for a range of initiatives, including health programs, building civil society resilience, diversifying supply chains away from China, and advancing Taiwan's participation in international organizations. The bill requires coordination with Taiwan and encourages Taiwan to provide commensurate assistance to the supported countries. It also mandates annual reports to Congress on the activities and their effectiveness.