S 3621 · 119th Congress

Protecting Taxpayers from Risky Investments in Venezuela Act

This bill prevents the U.S. government from spending taxpayer money to support Venezuela's oil and gas industry. Essentially, it's a ban on federal funding—whether direct payments, loans, insurance, tax breaks, or any other financial support—that would help develop, maintain, or expand Venezuela's petroleum sector.…

Sponsor

Merkley, Jeff (D-Oregon)

Introduced

2026-01-13

Policy area

International Affairs

Latest action

Read twice and referred to the Committee on Foreign Relations.