Protecting Taxpayers from Risky Investments in Venezuela Act

This bill prohibits U.S. federal funds from being used to support Venezuela's oil and petroleum sector, including financing infrastructure projects, purchasing property, providing insurance, making payments to companies, or government advocacy. It directly affects all federal agencies and programs that manage taxpayer money, preventing them from funding any aspect of Venezuela's oil industry. The bill requires the Secretary of State to submit annual reports to specific congressional committees detailing any related activities and confirming compliance. These provisions aim to restrict U.S. financial involvement in Venezuela's oil sector using clear, non-ambiguous language.