S 3621
Protecting Taxpayers from Risky Investments in Venezuela Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 14, 2026, 8:35 AM
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the Protecting Taxpayers from Risky Investments in Venezuela Act, aims to prevent U.S. government funds from being used to support Venezuela’s oil and petroleum industry. It prohibits the U.S. from financing the development, maintenance, or expansion of oil infrastructure in Venezuela through various means, including construction, insurance, and financial incentives. The bill also requires an annual report to Congress detailing any related expenditures and confirming compliance with the legislation. This action is intended to address concerns about U.S. involvement in Venezuela’s economy.
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