Restoring Sovereignty and Human Rights in Nicaragua Act of 2024

This bill would extend and strengthen U.S. sanctions against Nicaragua's government, targeting sectors that benefit the Ortega family and imposing penalties for human rights abuses against the Catholic Church, political prisoners, and supporters of democracy. It prohibits new U.S. investment in Nicaragua (with exceptions for humanitarian aid), requires annual reviews of Nicaragua's participation in the CAFTA-DR free trade agreement, and funds programs supporting human rights and democracy in Nicaragua. The bill directs diplomatic efforts to coordinate with international partners to restrict investment from regional banks and advocate for human rights at the United Nations. It would terminate when the President certifies that Nicaragua has resolved its political crisis through free elections and cessation of violence. The bill directly affects the Ortega administration, U.S. investors, and Nicaraguan citizens through economic and diplomatic measures.