[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3037 Introduced in Senate (IS)]
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119th CONGRESS
1st Session
S. 3037
To prohibit United States persons from engaging in financial
transactions with AliPay.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
October 23, 2025
Mr. Scott of Florida (for himself, Mr. Tuberville, and Mr. Justice)
introduced the following bill; which was read twice and referred to the
Committee on Banking, Housing, and Urban Affairs
_______________________________________________________________________
A BILL
To prohibit United States persons from engaging in financial
transactions with AliPay.
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 2025''.
SEC. 2. PROHIBITION ON USE OF ALIPAY.
(a) In General.--A United States person may not conduct a financial
transaction with AliPay (China) Internet Technology Company Limited
(referred to in this Act as ``AliPay''), including by using any
application or payment processing service operated by AliPay.
(b) Definitions.--In this section:
(1) Financial transaction.--The term ``financial
transaction'' means--
(A) a transaction that 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 that is engaged in, or the activities of
which affect, interstate or foreign commerce in any way
or degree.
(2) United states person.--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.
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