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BillHR 8974 · 119

To authorize the Development Finance Corporation to invest in Venezuela.

Introduced
May 21, 2026
Cosponsors
1
Traction
0
Last Action
May 21, 2026

Bill Summary

Authorizes the Development Finance Corporation to invest in Venezuela. This allows the corporation to provide financial support to projects in the country.

Sponsored By

Darrell Issa
Republican · California · House

Bill Journey

  1. May 21, 2026
  3. May 21, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  4. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  5. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  6. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects the people and businesses of Venezuela by potentially providing them with access to new financial resources and investments. It also impacts the Development Finance Corporation by expanding its ability to invest in the region.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMilitary & Foreign
CommitteeCommittee on Foreign Affairs
IntroducedMay 21, 2026
Last UpdatedMay 21, 2026
Latest ActionReferred to the House Committee on Foreign Affairs.
Subjects
  • Military

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.