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BOLIVAR Act

12/16/2024, 7:21 PM

Summary of Bill HR 825

The BOLIVAR Act, also known as Bill 118 hr 825, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the ongoing political and humanitarian crisis in Venezuela.

The BOLIVAR Act aims to increase pressure on the Venezuelan government by imposing additional sanctions on individuals and entities that are involved in corruption, human rights abuses, and undermining democracy in Venezuela. These sanctions could include asset freezes, travel bans, and restrictions on financial transactions.

Additionally, the BOLIVAR Act seeks to provide support to the Venezuelan people by authorizing humanitarian assistance and promoting free and fair elections in the country. This could involve providing aid to Venezuelan refugees, supporting civil society organizations, and working with international partners to monitor and support democratic processes in Venezuela. Overall, the BOLIVAR Act is a bipartisan effort to address the crisis in Venezuela and hold accountable those responsible for the deteriorating situation in the country. It reflects the US government's commitment to promoting democracy, human rights, and stability in the region.

Congressional Summary of HR 825

Banning Operations and Leases with the Illegitimate Venezuelan Authoritarian Regime Act or the BOLIVAR Act

This bill temporarily prohibits an executive agency from entering into a contract for the procurement of goods or services with any person that it determines, with the concurrence of the Department of State, knowingly engages in significant business operations with the Maduro regime in Venezuela.

The bill lists exceptions, including where vital to U.S. national security or as necessary for purposes of providing humanitarian assistance, disaster relief and other urgent lifesaving measures, or to carry out noncombatant evacuations.

The prohibition shall not apply to contracts that support U.S. government activities in Venezuela or to contracts with international organizations.

The State Department may waive the requirements of this bill upon determining that to do so is in the national interest.

Current Status of Bill HR 825

Bill HR 825 is currently in the status of Passed in House since November 18, 2024. Bill HR 825 was introduced during Congress 118 and was introduced to the House on February 2, 2023.  Bill HR 825's most recent activity was Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 564. as of November 19, 2024

Bipartisan Support of Bill HR 825

Total Number of Sponsors
8
Democrat Sponsors
0
Republican Sponsors
8
Unaffiliated Sponsors
0
Total Number of Cosponsors
28
Democrat Cosponsors
7
Republican Cosponsors
21
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 825

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

- Business ethics
- Latin America
- Public contracts and procurement
- Sovereignty, recognition, national governance and status
- Venezuela

Alternate Title(s) of Bill HR 825

BOLIVAR Act
BOLIVAR Act
Banning Operations and Leases with the Illegitimate Venezuelan Authoritarian Regime Act
To prohibit contracting with persons that have business operations with the Maduro regime, and for other purposes.

Comments

Eli Kerr profile image

Eli Kerr

463

1 year ago

I can't believe this new bill they're trying to pass. It's gonna mess everything up for me and my family. I don't understand why they're even considering it. It's just gonna make things worse for everyone. I hope they come to their senses and realize how bad this is gonna be. #NotHappy

Zhuri Nixon profile image

Zhuri Nixon

459

1 year ago

I don't like this. How will it impact us?

Neriah Sweeney profile image

Neriah Sweeney

428

1 year ago

OMG this bill is cray! How will it impact us all?