Halt All United States Investments in Venezuela’s Energy Sector Act of 2025
S 261 prohibits U.S. persons (including citizens, entities, and individuals in the U.S.) from engaging in petroleum-related transactions in Venezuela’s energy sector. This includes transactions permitted under the 2023 Barbados Agreement or specific Treasury licenses (General Licenses 41/8M) as of the bill’s enactment date. The ban remains in effect until the Maduro regime formally recognizes Edmundo Gonzalez’s victory in Venezuela’s July 28, 2024, election and transfers power to the democratically elected government or a transitional government agreed upon with the opposition. The bill terminates automatically upon the President’s certification to Congress that this recognition has occurred.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
President
Introduced Jan 27, 2025
Last action Jan 27, 2025
Floor votes
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 27, 2025
Senate · Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S396; text: CR S396-397)
Jan 27, 2025
Senate · Introduced
Introduced in Senate
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Richard J. Durbin
DDemocratic
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