BOLIVAR Act

HR 825, the BOLIVAR Act, prohibits U.S. federal agencies from entering into contracts for goods or services with entities knowingly conducting significant business dealings with Venezuela's government under Nicolás Maduro, which the U.S. does not recognize as legitimate. The law directly affects U.S. government contractors and businesses operating in Venezuela, banning contracts with those engaging in commerce with the Maduro regime. Key exceptions include contracts for humanitarian aid, disaster relief, national security needs, U.S. diplomatic operations in Venezuela, and contracts with international organizations. The prohibition applies to contracts entered into within three years of the bill's enactment, with the Secretary of State required to notify Congress about exceptions used.