HR 8974 United States House · 119th Congress

To authorize the Development Finance Corporation to invest in Venezuela.

This bill authorizes the U.S. Development Finance Corporation to make investments in Venezuela, a country previously designated as a "country of concern" under the BUILD Act. By removing Venezuela from this specific list, the legislation lifts the restrictions that had barred the agency from providing financial support to the nation. The measure directly affects the Development Finance Corporation by expanding its scope of eligible countries and impacts potential investors and businesses seeking opportunities in Venezuela. Essentially, it changes the legal status of Venezuela to allow for new economic engagement through this federal development finance entity.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
President
Introduced May 21, 2026 Last action May 21, 2026
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Full legislative history

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Total actions
2
Key actions
0
Committee
1
May 21, 2026
Committee
Referred to the House Committee on Foreign Affairs.
lower
May 21, 2026
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors