To promote democracy in Venezuela, and for other purposes.
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, To promote democracy in Venezuela, and for other purposes., 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 id8f87bb56b95045b2b992e1ffc2619cba: 1. Short title; table of contents This Act may be cited as the Venezuela Advancing Liberty, Opportunity, and Rights Act of 2024 or the VALOR Act of 2024. The...
- Section idbd6b8741993c48a7b2fd061145cc65b9: 2. Statement of policy It is the policy of the United States— to seek a peaceful transition to democracy in Venezuela through support for the people of...
- Section id053c1030a6e442af995fcf376821dc53: 3. Appropriate congressional committees defined In this Act, the term appropriate congressional committees means— the Committee on Foreign Relations and the...
- Section id968b8e4c86bf4c49b8e9f3aac13585ca: 101. Determinations of a democratically elected government in Venezuela Upon making a determination that a democratically elected government is in power in...
- Section id4c021c3d575047d8bd190eae28b0b8a8: 201. United States policy regarding participation of Venezuela in international financial institutions The Secretary of the Treasury shall instruct the United...
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, To promote democracy in Venezuela, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Foreign Policy, Government Operations
Primary Purpose
This bill, To promote democracy in Venezuela, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Risch (for himself, Mr. Bennet, Mr. Cassidy, Mr. Scott …
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?
- "the_commission"
- → The commission identified in the operative section
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
an individual or entity. The term United States person means— a United States citizen or alien lawfully admitted for permanent residence to the United States
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