# 119-hr-8974: To authorize the Development Finance Corporation to invest in Venezuela.

119-hr-8974, To authorize the Development Finance Corporation to invest in Venezuela., is a 119th Congress bill sponsored by Rep. Issa, Darrell [R-CA-48] (R-CA); status introduced; PRIA reads it as touching household money (as of 2026-05-30).

- Canonical: https://policyrisk.com/legislation/119-hr-8974
- As of: 2026-05-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8974
- Congress: 119
- Title: To authorize the Development Finance Corporation to invest in Venezuela.
- Status: introduced
- Introduced: 2026-05-21
- Sponsor: Rep. Issa, Darrell [R-CA-48] (R-CA)
- Cosponsors: 1
- Policy area: International Affairs
- Touches household money: yes
- Last recorded action: 2026-05-30

## 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. - 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.

## Cosponsors (1)

- Rep. Salazar, Maria Elvira [R-FL-27] (R-FL), 2026-05-21T00:00:00.000Z

## Provisions PRIA read

- Allow DFC investments in Venezuela: benefit, low. 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 enacte…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-21: Born-Alive Abortion Survivors Protection Act
- 119-hr-4335: Abraham Accords Defense Against Terror Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-6036: To ensure that certain members of the Armed Forces who served in female cultural support teams receive proper credit for such service.

## Sources
- [119-hr-8974 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8974)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-21: Born-Alive Abortion Survivors Protection Act](https://policyrisk.com/legislation/119-hr-21)
- [119-hr-4335: Abraham Accords Defense Against Terror Act](https://policyrisk.com/legislation/119-hr-4335)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-6036: To ensure that certain members of the Armed Forces who served in female cultura…](https://policyrisk.com/legislation/119-hr-6036)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8974 (as of 2026-05-30).