To immediately halt investment by United States persons in the energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected.

Hozzl · 2025-01-10T09:20:52Z

Explore the details of House Bill 328 To immediately halt investment by United States persons in the energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected. currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

1/10/2025, 9:20 AM

Summary of Bill HR 328

Bill 119 HR 328, also known as the "Venezuela Energy Sector Investment Halt Act," aims to stop US individuals and entities from investing in Venezuela's energy sector until the results of the July 28, 2024 election are recognized as legitimate. This bill is a response to concerns about the fairness and transparency of elections in Venezuela, and seeks to hold the Venezuelan government accountable for any potential violations of democratic principles.

If passed, this legislation would prohibit US persons from making new investments in Venezuela's energy sector, including oil, gas, and renewable energy projects. It would also require the US government to monitor and report on any attempts by the Venezuelan government to interfere with the election process or suppress the rights of voters.

Supporters of the bill argue that it is necessary to send a strong message to the Venezuelan government that the US will not tolerate any actions that undermine democracy or violate human rights. Critics, however, may argue that the bill could have negative economic consequences for both the US and Venezuela, as well as potentially exacerbate tensions between the two countries. Overall, Bill 119 HR 328 represents a significant step in US-Venezuela relations and highlights the ongoing challenges faced by both countries in promoting democracy and human rights.

Current Status of Bill HR 328

Bill HR 328 is currently in the status of Bill Introduced since January 9, 2025. Bill HR 328 was introduced during Congress 119 and was introduced to the House on January 9, 2025. Bill HR 328's most recent activity was Referred to the House Committee on Foreign Affairs. as of January 9, 2025

Bipartisan Support of Bill HR 328

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 328

Primary Policy Focus

Alternate Title(s) of Bill HR 328

To immediately halt investment by United States persons in the energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected.To immediately halt investment by United States persons in the energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected.

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Sponsors and Cosponsors of HR 328

Debbie Wasserman Schultz

Florida(Democrat)

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