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119-hr-8974119th CongressWALLET

To authorize the Development Finance Corporation to invest in Venezuela.

Sponsored By: Representative Issa, Darrell [R-CA-48]

Introduced

Summary

Allow the Development Finance Corporation to invest in Venezuela. This bill would remove Venezuela from the BUILD Act's "Country of Concern" list and explicitly authorize the DFC to make development finance investments there using its existing authorities.

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  • Venezuelan households and projects: Could become eligible for DFC-backed financing for development projects if the agency decides to invest.
  • Development Finance Corporation and U.S. policy makers: Expands the DFC's geographic authority by eliminating the statutory Country of Concern barrier for Venezuela.
  • U.S. finance and programs: Relies on the DFC's existing authorities and funding rather than creating new appropriations or new programs.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Allow DFC investments in Venezuela

If enacted, this bill would remove Venezuela from the BUILD Act's "country of concern" list. If enacted, it would also let the U.S. International Development Finance Corporation invest in Venezuela despite other laws. The bill does not add new funding, dollar limits, or new program names. If enacted, U.S. investors and companies with projects in Venezuela would be able to seek DFC-backed loans or investments.

Sponsors & CoSponsors

Sponsor

Issa, Darrell [R-CA-48]

CA • R

Cosponsors

  • Rep. Salazar, Maria Elvira [R-FL-27]

    FL • R

    Sponsored 5/21/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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