Bill > HR2559

This bill, known as the Taiwan Allies Fund Act, aims to support Taiwan's international diplomatic presence and counter China's efforts to isolate Taiwan globally. The legislation would authorize $40 million annually for fiscal years 2026-2028 through the Countering PRC Influence Fund to assist countries that maintain or strengthen relations with Taiwan. Eligible countries would be those facing potential economic or political pressure from China due to their Taiwan ties and lacking the capability to resist such pressure independently. The funds can be used for various activities, including supporting health initiatives, building civil society capacity, diversifying supply chains away from China, providing development alternatives, advancing Taiwan's participation in international organizations, and developing technology infrastructure alternatives. The Secretary of State, in coordination with other federal agencies, would implement these efforts, working closely with Taiwan to ensure cost-efficiency. Each recipient country is limited to $5 million per fiscal year, and the State Department must submit annual reports to congressional committees detailing the funding, goals, and effectiveness of supported activities. The bill emphasizes supporting Taiwan's democratic partnerships and countering China's diplomatic and economic intimidation strategies, building upon previous legislation like the Taiwan Relations Act and the TAIPEI Act.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/2559/all-info