There are 2 versions of this bill. View text

Click the check-box to add or remove the section, click the text link to scroll to that section.
Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (8)

Short Titles

Short Titles - Senate

Short Titles as Reported to Senate

VERDAD Act of 2019
Venezuela Emergency Relief, Democracy Assistance, and Development Act of 2019

Short Titles as Reported to Senate for portions of this bill
  • Humanitarian Assistance to the Venezuelan People Act of 2019
  • Russian-Venezuelan Threat Mitigation Act
  • Venezuela Arms Restriction Act

Short Titles as Introduced

VERDAD Act of 2019
Venezuela Emergency Relief, Democracy Assistance, and Development Act of 2019

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to provide humanitarian relief to the Venezuelan people and Venezuelan migrants, to advance a constitutional and democratic solution to Venezuela's political crisis, to address Venezuela's economic reconstruction, to combat public corruption, narcotics trafficking, and money laundering, and for other purposes.


Actions Overview (2)

Date
06/03/2019Committee on Foreign Relations. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
04/03/2019Introduced in Senate

All Actions (4)

Date
06/03/2019Placed on Senate Legislative Calendar under General Orders. Calendar No. 101.
Action By: Senate
06/03/2019Committee on Foreign Relations. Reported by Senator Risch with an amendment in the nature of a substitute. Without written report.
05/22/2019Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.
04/03/2019Read twice and referred to the Committee on Foreign Relations.
Action By: Senate

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Foreign Relations04/03/2019 Referred to
05/22/2019 Markup by
06/03/2019 Reported by

As of 12/15/2019 no related bill information has been received for S.1025 - VERDAD Act of 2019


Subjects (57)


Latest Summary (1)

There is one summary for S.1025. View summaries

Shown Here:
Introduced in Senate (04/03/2019)

Venezuela Emergency Relief, Democracy Assistance, and Development Act of 2019 or the VERDAD Act of 2019

This bill directs the President to take various actions to address the political situation in Venezuela. (The United States does not recognize Nicolas Maduro as Venezuela's President due to reports of widespread fraud during his election, recognizing instead National Assembly President Juan Guaido.)

The Department of State shall submit to Congress strategies for providing humanitarian aid to Venezuela and to Venezuelans in neighboring countries. The President shall direct U.S. representatives to the United Nations to prioritize U.N. efforts to provide humanitarian aid to Venezuela.

The bill imposes sanctions on foreign persons responsible for or complicit in corruption or activity undermining Venezuela's democratic institutions. Sanctions include barring entry into the United States and various financial restrictions.

The bill also imposes various sanctions targeting the Maduro regime's ability to finance debt, trade gold, and use cryptocurrencies to evade U.S. sanctions.

The bill establishes a special envoy and task force for Venezuela to coordinate and oversee U.S. efforts regarding Venezuela.

The bill directs the State Department to

  • work with nongovernmental organizations to strengthen democratic governance and defend human rights in Venezuela,
  • investigate corruption and recover assets stolen from Venezuela,
  • help other countries establish legislative frameworks to impose sanctions on Maduro regime officials.

The President shall engage with multilateral development banks to assist in rebuilding Venezuela's economy and energy infrastructure.

The bill directs the President to prevent Russia's government-controlled oil company Rosneft from acquiring control of critical U.S. energy infrastructure, including assets belonging to Venezuela's state-owned oil company, Petroleos de Venezuela, S.A.