119th Congress International Affairs
H.R. 328: REVOCAR Act of 2025
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill prohibits U.S. investment in Venezuela's energy sector.
Specifically, the bill prohibits any transaction by a U.S. person (individual or entity) to invest, trade, or operate within Venezuela's energy sector and any transaction that attempts to evade such prohibition. This prohibition includes the provision of goods, services, or finance to (1) Venezuela's state-owned oil and natural gas company (Petroleos de Venezuela, S.A.), its subsidiaries, representatives, or related companies; or (2) the regime of Nicolas Maduro or any nondemocratic successor government in Venezuela.
The prohibitions of this bill terminate on the earlier of December 31, 2027, or the date the President submits a determination to Congress that the Maduro regime has recognized the July 28, 2024, electoral victory of Edmundo Gonzalez and relinquished power to the democratically elected government.
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The President may waive these prohibitions on a case-by-case basis for not more than 90 days after determining such a waiver is vital to U.S. national security interests and submitting a report to Congress. Such waivers may be renewed.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Maria Salazar R-FLOriginal
- Thomas Suozzi D-NY
Who scored on this bill
- 1Debbie Wasserman Schultz SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.
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History
- Introduced in the House by Debbie Wasserman Schultz.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Foreign Affairs.