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No Taxpayer Funds for Corporate Investment in Venezuelan Oil Act

2/11/2026, 5:53 PM

Summary of Bill S 3685

The bill titled "No Taxpayer Funds for Corporate Investment in Venezuelan Oil Act" was introduced in the 119th Congress as S.3685 on January 15, 2026. The purpose of the bill aims to prohibit the use of taxpayer funds for corporate investment in Venezuelan oil. The bill likely includes provisions outlining the restrictions on such investments and potential penalties for violations. To access the full text and details of the bill, the official PDF version can be found at the provided link.

Read the Full Bill

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Current Status of Bill S 3685

Bill S 3685 is currently in the status of Bill Introduced since January 15, 2026. Bill S 3685 was introduced during Congress 119 and was introduced to the Senate on January 15, 2026.  Bill S 3685's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 15, 2026

Bipartisan Support of Bill S 3685

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

Policy Area and Potential Impact of Bill S 3685

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3685

No Taxpayer Funds for Corporate Investment in Venezuelan Oil Act
No Taxpayer Funds for Corporate Investment in Venezuelan Oil Act
A bill to prohibit appropriations of funds for the payment of reimbursements for capital expenditures in the oil and gas sector, and for other purposes.

Comments

Sponsors and Cosponsors of S 3685

Michael F. Bennet
Michael F. Bennet
ColoradoDemocrat
Adam B. Schiff
Adam B. Schiff
CaliforniaDemocrat
Peter Welch
Peter Welch
VermontDemocrat
Jack Reed
Jack Reed
Rhode IslandDemocrat
Tim Kaine
Tim Kaine
VirginiaDemocrat
Chris Van Hollen
Chris Van Hollen
MarylandDemocrat

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