Ban on US Government Contracts with Companies Supporting Venezuelan Regime.
This law prevents US executive agencies from signing contracts for goods or services with companies that knowingly conduct significant business operations with the unrecognized Venezuelan government (Maduro regime). The goal is to ensure taxpayer money does not support authoritarian authorities. Exceptions are made for humanitarian aid, national security interests, and diplomatic activities.
Key points
US government agencies are prohibited from contracting with entities engaged in significant business with the illegitimate Venezuelan regime.
Exceptions allow contracts necessary for humanitarian aid, disaster relief, US national security, or those holding valid US Treasury licenses.
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