Venezuela Restoration Fund: Forfeited Assets for Democracy and Human Rights
This bill establishes a Venezuela Restoration Fund in the U.S. Treasury, financed by assets and funds forfeited to the United States by individuals and entities connected to the Chávez and Maduro regimes. These funds are designated for supporting democratic governance, defending human rights, supporting independent media, and combatting corruption in Venezuela.
Key points
Fund Creation: Establishes the Venezuela Restoration Fund, financed by assets forfeited by entities connected to the Venezuelan regimes.
Spending Purpose: Funds must be used to support democratic institutions, defend human rights, and combat corruption in Venezuela.
Accountability: The Secretary of State is required to report annually to Congress on the sources and expenditures of the Fund.
Status:
Expired
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