S3838Referred to Committee

Venezuela Oil Proceeds Transparency Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-11
Introduced
1
Cosponsors
S
ⓘ
Type

Sponsor

Charles E. Schumer
Charles E. Schumer
Democrat · NY · Senator
Votes with party: 85.4% (855 recorded votes)

Full profile: /officials/S000148

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Foreign Relations. (text: CR S579)

2026-02-11

Source: Congress.gov

Committee Activity

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Plain-English Summary

This bill would require the U.S. government to publicly report on how money from Venezuelan oil sales is being used, particularly focusing on whether funds are going to the Venezuelan government or being held in trust. The legislation aims to increase transparency around oil revenue that may be controlled by the U.S. or international organizations, helping Congress and the public understand the financial dealings related to Venezuela's oil resources.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

International Affairs
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