What is the current status of S 261?

S 261 is currently: Introduced.

S 261 was sponsored by Dick Durbin (D), Sen.

Ban U.S. Investment in Venezuela's Energy

IntroducedN/A

Introduced1 year ago

Intro

Senate

House

Pres

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S396; text: CR S396-397)

Why This Matters

This bill aims to prevent U.S. investments in Venezuela's energy sector until the country acknowledges the results of its recent presidential election. It seeks to support the democratic choice of Venezuelan citizens.

If you are a U.S. investor, you cannot invest in Venezuela's energy sector until the election results are honored.

Who this affects

U.S. investors · companies in Venezuela's energy sector

What changes is this bill making?

1This bill stops U.S. investments in Venezuela's energy sector.
2It will remain in effect until Venezuela respects the election results from July 28, 2024.
3The bill prohibits transactions related to petroleum in Venezuela.
4The President can lift the ban if it's in the national security interest of the U.S.
5Violators of this ban could face penalties.

Last changed 25 days ago · checked hourly

Ban U.S. Investment in Venezuela's Energy

IntroducedN/A

Introduced1 year ago

Intro

Senate

House

Pres

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S396; text: CR S396-397)

Why This Matters

If you are a U.S. investor, you cannot invest in Venezuela's energy sector until the election results are honored.

Who this affects

U.S. investors · companies in Venezuela's energy sector

What changes is this bill making?

1This bill stops U.S. investments in Venezuela's energy sector.
2It will remain in effect until Venezuela respects the election results from July 28, 2024.
3The bill prohibits transactions related to petroleum in Venezuela.
4The President can lift the ban if it's in the national security interest of the U.S.
5Violators of this ban could face penalties.

Last changed 25 days ago · checked hourly