法案只提《台湾关系法》和《六项保证》,不提《三个公报》,直接否认中美之间最重要的政治基础。法案要求给予台湾事实外交承认,把台湾政府作为台湾人民的合法代表,禁止联邦政府在与台湾交往中有任何限制。(Directs the US federal government to engage with the democratic government of Taiwan as the legitimate representative of the people of Taiwan. Prohibits restriction on federal government official interactions with counterparts in the Government of Taiwan);要求国务卿撤销在于台湾官员交往中不得展示台湾的旗帜和符徽的禁令(directs Secretary of State to rescind administrative guidance that inhibits Taiwanese officials from displaying symbols of Taiwanese sovereighty, including the flat of the Republic of China);“台湾经济文化代表处”改名为“台湾代表处”于外国大使馆同等待遇;美国台湾协会负责人需要参院任命(这是正式大使的待遇)。
在军事方面,法案要求不考虑外交关系,从《台湾关系法》只容许提供“防御性武器”扩大到“任何适用于慑阻中国人民解放军侵略性行为所需要的武器”;授权联邦政府不考虑外交关系状态而加强与台湾他和安全关系(Authorizes the federal government to strengthen security cooperation with Taiwan and otherwise deter the People’s Liberation Army’s aggression against Taiwan regardless of formal diplomatic status.);要求国防部长每年报告台湾态势和防卫计划,在4年内提供45亿美元军援,批准20亿美元的贷款保证,不过要求国务卿确认台湾逐年增加防务开支;在训练、战争计划等方面加强合作;优先提供过剩军用物资;优先批准台湾军购要求;台湾专用的战争储备的年度开支从2亿美元增加到5亿;将台湾提升为“主要非北约盟国”,这是以色列的待遇。
法案还要求美国政府邀请台湾官员参加高层双边和多变会谈、军事演习和经济对话;禁止联邦政府官员承认中国对台湾的主权,禁止限制联邦机构与台湾交流(Probitits: (1) federal government officials from recognizing PRC claims to sovereignty over Taiwan; and (2) restriction on general agencies from interacting with Taiwanese counterparts);要求美国反对中国统一台湾的时间表(Affirms US policy to oppose any attempt by the PRC to unilaterally impose a timetable for unification on Taiwan)。
但法案还加了一句:“本法案中任何内容都不应解释为与台湾恢复外交关系,或者改变美国政府在台湾国际地位的立场。”(Reaffirms that nothing in this Act shall be construed as entailing restoration of diplomatic relations with Taiwan or altering the United State Government’s position on Taiwan’s international status.)