BOLIVAR Act

This bill prohibits U.S. federal agencies from entering contracts for goods or services with businesses that knowingly engage in significant commercial activities (like leasing facilities or equipment) with Venezuela's government, as recognized by the U.S. However, it allows exceptions for humanitarian aid, national security needs, disaster relief, evacuations, and contracts supporting U.S. government operations or embassies in Venezuela. The ban applies to all federal contracts entered into during the three years following the bill's enactment. It directly affects federal contractors and businesses operating in Venezuela that might otherwise work with the Venezuelan government.