In CommitteeFiled May 26, 2026
Sponsor: Rep. Salazar, Maria Elvira [R-FL-27] (R)
Latest Action
Referred to the House Committee on Foreign Affairs.
May 26, 2026
Summary
The PANA Act establishes the Venezuela Restoration Fund in the U.S. Treasury, funded by assets forfeited from individuals or entities that acted for the Chávez or Maduro regimes. The Secretary of State may draw on the fund, without needing a yearly appropriation, to strengthen democratic institutions, protect human rights, support independent media, and fight corruption in Venezuela. The Treasury and State Departments must report annually to Congress on the fund’s receipts and spending.
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