S3621-119

In Committee

Protecting Taxpayers from Risky Investments in Venezuela Act

119th Congress Introduced Jan 13, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, Protecting Taxpayers from Risky Investments in Venezuela Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Foreign Policy, Government Operations.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Protecting Taxpayers from Risky Investments in Venezuela Act.
  • Section id23c34dd890ac4ddca6a68ba4bdb2b733: 2. Defined term In this Act, the term appropriate congressional committees means— the Committee on Foreign Relations of the Senate; the Committee on...
  • Section id957e71d956e243ac8e9c5b756cc1d725: 3. Prohibition on the use of Federal funds to support Venezuela's oil and petroleum infrastructure Except as provided in subsection (b), none of the funds...
  • Section idb844bbae21ec4645a6d4ccb995d2fc33: 4. Annual report Not later than 180 days after the date of the enactment of this Act, and annually thereafter, the Secretary of State shall submit a report to...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, Protecting Taxpayers from Risky Investments in Venezuela Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Foreign Policy, Government Operations

Primary Purpose

This bill, Protecting Taxpayers from Risky Investments in Venezuela Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Foreign Policy Government Operations

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers: , ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: , ,
financial institutions, investors, and borrowers: , ,

Legislative Progress

In Committee
Introduced Committee Passed
Jan 13, 2026

Read twice and referred to the Committee on Foreign Relations.

Jan 13, 2026

Introduced in Senate

Jan 13, 2026

Mr. Merkley (for himself, Mr. Kaine, Mr. Sanders, Mr. Wyden, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Foreign Policy Government Operations
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology