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Ban U.S. Investment in Venezuela's Energy
Recent Bills/Ban U.S. Investment in Venezuela's Energy

Ban U.S. Investment in Venezuela's Energy

IntroducedN/A
Passed House6 months ago
Intro
Senate
House
Pres
Passed/agreed to in House
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?
  1. 1This bill stops U.S. investments in Venezuela's energy sector.
  2. 2It will remain in effect until Venezuela respects the election results from July 28, 2024.
  3. 3The bill prohibits transactions related to petroleum in Venezuela.
  4. 4The President can lift the ban if it's in the national security interest of the U.S.
  5. 5Violators of this ban could face penalties.
Read the detailed summary

Undersea Cable Protection Act of 2025This bill prohibits the Department of Commerce from enforcing certain permit requirements for activities related to undersea fiber optic cables in national marine sanctuaries. Specifically, Commerce may not prohibit or require an authorization for any covered activities related to undersea fiber optic cables if a license, lease, or permit has been issued by a state or federal agency to authorize the covered activity. Covered activities are the installation, continued presence, operation, maintenance, repair, or recovery of undersea fiber optic cables in a national marine sanctuary. The bill also authorizes Commerce to direct the National Oceanic and Atmospheric Administration to engage in interagency cooperation regarding federal agency actions that are likely to destroy, cause the loss of, or injure a resource in a national marine sanctuary and involve covered activities.

Bill Progress4 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedJan 9, 2025
Sponsors
See all 8 sponsors
Senate
HouseFeb 11
PresidentCurrent

Passed/agreed to in House

The President

Donald Trump
President
Awaiting Signature
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