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H.R. 1730 · Where this bill is now

In committee

Introduced in the House, sent to the Committee on Financial Services, Feb 27, 2025

What this bill does

In plain words · AI-written from the official summary

Bans U.S. financial transactions with Alipay

This bill would prohibit any financial transactions between people and businesses in the U.S. and Alipay, which is a Chinese online payment platform. Essentially, it would make it illegal for Americans to use Alipay to send or receive money.

How it affects you

If you currently use Alipay to make payments or transfer money, you wouldn't be able to do that anymore. This would affect Americans who use the platform for personal payments, as well as U.S. businesses that accept Alipay from customers.

Read the official summary (Introduced in House, Feb 27, 2025)

No Alipay Act of 2025

This bill prohibits any financial transactions between a U.S. person and Alipay, a Chinese online payment platform.

Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.

119th Congress
1st Session
H. R. 1730

A BILL

No Alipay Act of 2025

In the HouseNo vote yet

Sponsor: Rep. Andrew Ogles (R-TN-5) · Introduced Feb 27, 2025 · Finance and Financial Sector · 1 version of the text

Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Feb 27, 2025: “Referred to the House Committee on Financial Services.”

Sections

Sections · 3