S. 3037

119 S3037 IS: No AliPay Act of 2025
 U.S. Senate
 2025-10-23
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
  II
  119th CONGRESS
  1st Session
  S. 3037
  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.
1.
Short title
This Act may be cited as the   No AliPay Act of 2025  .
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.