H.R. 8974 · House bill · 119th Congress

To authorize the Development Finance Corporation to invest in Venezuela.

Sponsored by Rep. Darrell Issa, California with 1 co-sponsor

Introduced May 21, 2026

Referred to the Foreign Affairs Committee

Latest action May 21, 2026

SponsorRep. Darrell Issa, California· 1 cosponsorRep. Maria Salazar, Florida

No summary yet. The Congressional Research Service usually summarizes a bill within weeks of a new version.

BillFull text · congress.gov(opens in a new tab)

Read the bill

About 100 words

Contents

Sec. 1. Authorization to invest in Venezuela

(a) Removal as country of concern.— Section 1402(3) of the BUILD Act of 2018 (22 U.S.C. 9601(3)) is amended—

(1) by striking subparagraph (A); and

(2) by redesignating subparagraphs (B) through (G) as subparagraphs (A) through (F), respectively.

(b) Investment authority.— Notwithstanding any other provision of law, the Development Finance Corporation may invest in the Bolivarian Republic of Venezuela.

Official text, Introduced in House (May 21, 2026), from the Government Publishing Office via Congress.gov. Printed version (PDF) · All versions on Congress.gov