Venezuela Oil Proceeds Transparency Act
This bill requires the Government Accountability Office to conduct an audit of a 2026 energy deal between the United States and Venezuela that involves selling Venezuelan oil and managing the proceeds through U.S.-controlled accounts. The audit will examine the roles of multiple federal agencies including the Departments of State, Energy, and Treasury, as well as any contractors or entities involved in implementing the agreement. Key provisions mandate that the audit begin within 30 days of the bill's enactment, with interim briefings provided to congressional leadership and a final unclassified report submitted to Congress within 90 days of completion. The legislation also ensures that any delays or denials of access to information during the audit are promptly reported to congressional committees.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
President
Introduced Mar 5, 2026
Last action Mar 5, 2026
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Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 5, 2026
Committee
Referred to the House Committee on Foreign Affairs.
lower
Mar 5, 2026
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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