BOLIVAR Act

Bill 119 s 1221, also known as the "Prohibition of Contracting with Persons that have Business Operations with the Maduro Regime Act," aims to prevent the US government from entering into contracts with individuals or entities that have business ties to the Maduro regime in Venezuela. The bill seeks to hold accountable those who support the oppressive regime of President Nicolas Maduro by cutting off their access to government contracts.

If passed, this legislation would prohibit any federal agency from entering into contracts with individuals or entities that have engaged in business activities with the Maduro regime. This includes companies that provide financial support, goods, or services to the regime, as well as those who have direct ties to government officials or entities in Venezuela.

The bill also includes provisions for the enforcement of these restrictions, including penalties for violations and mechanisms for monitoring and reporting on compliance. Additionally, the legislation aims to promote transparency and accountability in government contracting by requiring agencies to disclose any contracts that may be in violation of the law. Overall, Bill 119 s 1221 seeks to use economic pressure to weaken the Maduro regime and support the Venezuelan people in their fight for democracy and human rights. By cutting off financial support from those who enable the regime, the US government hopes to send a strong message that it stands with the people of Venezuela in their struggle for freedom and justice.