[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5447 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 5447
To prohibit any transactions using Alipay in the United States.
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IN THE HOUSE OF REPRESENTATIVES
September 13, 2023
Mr. Ogles (for himself, Mrs. Harshbarger, and Mr. Tiffany) introduced
the following bill; which was referred to the Committee on Financial
Services
_______________________________________________________________________
A BILL
To prohibit any transactions using Alipay in the United States.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``No Alipay Act of 2023''.
SEC. 2. PROHIBITION ON USE OF ALIPAY.
No financial transactions between AliPay (China) Internet
Technology Company Limited (referred to in this Act as ``AliPay'') and
a United States person are permitted, including the use of any
application or payment processing services operated by Alipay.
SEC. 3. DEFINITIONS.
In this Act:
(1) The term ``United States person'' means--
(A) a national of the United States;
(B) an alien lawfully admitted for permanent
residence;
(C) an entity organized under the laws of the
United States or under the laws of any jurisdiction
within the United States (including a foreign branch of
such an entity); or
(D) an individual who is physically present in the
United States.
(2) The term ``financial transaction'' means--
(A) a transaction which in any way or degree
affects interstate or foreign commerce--
(i) involving the movement of funds by wire
or other means; or
(ii) involving one or more monetary
instruments; or
(B) a transaction involving the use of a financial
institution which is engaged in, or the activities of
which affect, interstate or foreign commerce in any way
or degree.
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