Bill · H.R. 8974· House(119-HR-8974)
To authorize the Development Finance Corporation to invest in Venezuela.
- Introduced
- 5/21/2026
- Last activity
- 5/21/2026 — Referred to the House Committee on Foreign Affairs.
- Sponsored by
- Darrell Issa
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill aims to authorize the Development Finance Corporation to invest in Venezuela. It functions by amending the BUILD Act of 2018. Specifically, it requires the removal of Venezuela as a country of concern. By doing so, the bill grants the Development Finance Corporation the authority to make investments in the Bolivarian Republic of Venezuela.
Yes· 3 of 4
Does this send more money or help to other countries?+5
The bill authorizes the Development Finance Corporation to make investments in Venezuela, which functions as a form of financial aid and economic engagement.
Would households on low incomes be better off under this?+3
Investment in Venezuela may foster economic activity that benefits low-income residents of that country.
Would Hispanic Americans be better off under this?+3
Investment in Venezuela may have positive economic spillover effects for the large Hispanic population in the Americas.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Investment Authority: The bill allows the Development Finance Corporation to invest in the Bolivarian Republic of Venezuela, which provides the corporation with new investment opportunities. (Section 1(b))
Potential Negative Impacts for People
- Removal of Country of Concern Status: The bill strikes the provision that currently lists Venezuela as a country of concern under the BUILD Act of 2018. (Section 1(a))
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Hispanic Americans+3Good For Low Income Households+3Good For Urban Residents+2
- National Security And Foreign Policy
- Increases Foreign Aid+5
- 5/21/2026
- Referred to the House Committee on Foreign Affairs.
- 1 Cosponsor added.
- Introduced in House
Maria SalazarRepublican · Florida