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Prohibiting Contracts with Businesses Supporting Unrecognized Venezuelan Regime

New rules prevent U.S. government agencies from signing contracts with companies that have significant business dealings with Venezuela's unrecognized government. This aims to limit support for that regime. However, exceptions exist for humanitarian aid or U.S. national security activities.
Key points
Companies doing significant business with Venezuela's unrecognized government cannot get contracts from U.S. executive agencies.
Exceptions include contracts for humanitarian aid, disaster relief, noncombatant evacuations, and U.S. national security interests.
The prohibition applies for a three-year period starting from the law's enactment.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_688
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2021-03-10
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

BOLIVAR Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_688.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-03-10.

What are the main provisions?

Key points include:

  • Companies doing significant business with Venezuela's unrecognized government cannot get contracts from U.S. executive agencies.
  • Exceptions include contracts for humanitarian aid, disaster relief, noncombatant evacuations, and U.S. national security interests.
  • The prohibition applies for a three-year period starting from the law's enactment.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Scott, Rick [R-FL].

What is the latest detailed status?

The latest detailed status is: Passed Senate with an amendment by Voice Vote. (text of amendment in the nature of a substitute: CR S7265)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Security