arrow_back Civic Audit
Share share

US Investment Ban in Venezuela's Energy Sector Until Election Results Respected.

This act immediately prohibits US citizens and companies from investing in Venezuela's energy sector. The goal is to pressure Venezuelan authorities to recognize the results of the July 2024 presidential election. US citizens and companies should be aware that violating this ban can result in severe financial penalties.
Key points
The ban covers all petroleum-related transactions previously allowed under agreements or licenses.
The US President can temporarily waive the prohibition if deemed necessary for national security, with a report to Congress.
The ban will be lifted once Venezuelan authorities recognize the 2024 election results and transfer power to the elected government.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Introduced
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 119_S_261
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2025-01-27
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Halt All United States Investments in Venezuela’s Energy Sector Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_261.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-01-27.

What are the main provisions?

Key points include:

  • The ban covers all petroleum-related transactions previously allowed under agreements or licenses.
  • The US President can temporarily waive the prohibition if deemed necessary for national security, with a report to Congress.
  • The ban will be lifted once Venezuelan authorities recognize the 2024 election results and transfer power to the elected government.
What is the specific legal status?

The current status is Introduced.

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. Durbin, Richard J. [D-IL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Security