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Protecting Taxpayers from Risky Investments in Venezuela Act

2/3/2026, 9:05 AM

Summary of Bill HR 7038

The "Protecting Taxpayers from Risky Investments in Venezuela Act" was introduced in the 119th Congress as H.R. 7038 on January 13, 2026. This bill aims to safeguard taxpayers by likely proposing measures to mitigate risks associated with investments in Venezuela. Key provisions and specific directives within the bill are not provided in the context. For more details, the official PDF version of the bill can be accessed at https://www.congress.gov/119/bills/hr7038/BILLS-119hr7038ih.pdf.

Read the Full Bill

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Current Status of Bill HR 7038

Bill HR 7038 is currently in the status of Bill Introduced since January 13, 2026. Bill HR 7038 was introduced during Congress 119 and was introduced to the House on January 13, 2026.  Bill HR 7038's most recent activity was Referred to the House Committee on Foreign Affairs. as of January 13, 2026

Bipartisan Support of Bill HR 7038

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
85
Democrat Cosponsors
85
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7038

Primary Policy Focus

Alternate Title(s) of Bill HR 7038

To prohibit the United States Government from funding Venezuela's oil infrastructure, and for other purposes.
To prohibit the United States Government from funding Venezuela's oil infrastructure, and for other purposes.

Comments

Sponsors and Cosponsors of HR 7038

Mike Levin
Mike Levin
CaliforniaDemocrat
Juan Vargas
Juan Vargas
CaliforniaDemocrat
Greg Stanton
Greg Stanton
ArizonaDemocrat
Raul Ruiz
Raul Ruiz
CaliforniaDemocrat
Eleanor Holmes Norton
Eleanor Holmes Norton
District of ColumbiaDemocrat
Dave Min
Dave Min
CaliforniaIndependent

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