HR 8974·Federal·house
To authorize the Development Finance Corporation to invest in Venezuela.
In CommitteeFiled May 21, 2026
Sponsor: Rep. Issa, Darrell [R-CA-48] (R)
Latest Action
Referred to the House Committee on Foreign Affairs.
May 21, 2026
Summary
The bill amends the BUILD Act of 2018 to take Venezuela off the list of Countries of Concern and gives the Development Finance Corporation (DFC) authority to make investments there. This would let the DFC fund private‑sector projects in the Bolivarian Republic of Venezuela despite existing legal restrictions. The change is intended to open U.S. capital to Venezuelan economic activity.
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