Halt All United States Investments in Venezuela’s Energy Sector Act of 2024
S 4993 prohibits U.S. persons (including citizens, companies, and individuals in the U.S.) from investing in or providing services to Venezuela's energy sector, specifically targeting Petroleos de Venezuela, S.A. (PDVSA) and the Maduro government. The law bans transactions related to energy investments, operations, or financing beginning upon enactment and includes penalties for violations under the International Emergency Economic Powers Act. The prohibition remains in effect until the President certifies that Venezuela's government recognizes the July 28, 2024, election results showing opposition candidate Edmundo Gonzalez's victory. This directly affects U.S. businesses and individuals engaged in energy-related activities in Venezuela.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
President
Introduced Sep 9, 2024
Last action Sep 9, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 9, 2024
Senate · Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S5893)
Sep 9, 2024
Senate · Introduced
Introduced in Senate
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Richard J. Durbin
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about S 4993
Scope: US
Hi! I can help you understand S 4993. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline