Bills/S. 261

Halt All United States Investments in Venezuela’s Energy Sector Act of 2025

Halt All United States Investments in Venezuela’s Energy Sector Act of 2025

In CommitteeForeign AffairsSenateSenate Bill · 119th Congress
Bill Progress · Senate
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Summary of S. 261: Halt All United States Investments in Venezuela's Energy Sector Act of 2025 **What the Bill Would Do** This bill would prohibit U.S. individuals and companies from making investments in Venezuela's energy sector. If passed, it would effectively block American financial involvement in Venezuelan oil, natural gas, and related energy industries. The legislation targets economic relationships between the U.S. and Venezuela's energy businesses. **Who It Affects and Key Provisions** The bill would impact U.S.

investors, corporations, and financial institutions that currently do business with or are considering investments in Venezuelan energy. It also affects Venezuela's energy sector by cutting off access to American capital and investment. The bill is sponsored by Senator Richard Durbin (D-IL) and reflects broader U.S. foreign policy concerns regarding Venezuela's government and economy. **Current Status** As of now, S. 261 is in committee, meaning it has been introduced but has not yet been debated or voted on by the full Senate. Bills at this stage may be discussed, amended, or stalled in the committee process, and many never advance to a full floor vote.

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Latest Action

January 27, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S396; text: CR S396-397)

Sponsor

Key Dates

Introduced
January 27, 2025
Last Updated
January 27, 2025
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