Govwatch

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8974 Introduced in House (IH)]

<DOC>

119th CONGRESS
  2d Session
                                H. R. 8974

     To authorize the Development Finance Corporation to invest in 
                               Venezuela.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                              May 21, 2026

 Mr. Issa (for himself and Ms. Salazar) introduced the following bill; 
         which was referred to the Committee on Foreign Affairs

_______________________________________________________________________

                                 A BILL

 
     To authorize the Development Finance Corporation to invest in 
                               Venezuela.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. AUTHORIZATION TO INVEST IN VENEZUELA.

    (a) Removal as Country of Concern.--Section 1402(3) of the BUILD 
Act of 2018 (22 U.S.C. 9601(3)) is amended--
            (1) by striking subparagraph (A); and
            (2) by redesignating subparagraphs (B) through (G) as 
        subparagraphs (A) through (F), respectively.
    (b) Investment Authority.--Notwithstanding any other provision of 
law, the Development Finance Corporation may invest in the Bolivarian 
Republic of Venezuela.
                                 <all>
To authorize the Development Finance Corporation to invest in Venezuela.

Full Text
