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VALOR Act of 2025

Introduced: January 8, 2025 Introduced by: Risch, James E. Republican · Idaho See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jan 8, 2025

Read twice and referred to the Committee on Foreign Relations.

Jan 8, 2025

Introduced in Senate

Plain-English summary Congressional Research Service

Venezuela Advancing Liberty, Opportunity, and Rights Act of 2025 or the VALOR Act of 2025

This bill requires or authorizes various actions, including sanctions, targeting the current government of Venezuela and any nondemocratic successor government. The bill also authorizes certain types of assistance for the people of Venezuela and to support democracy-building efforts.

Under the bill, the President

must impose property-blocking sanctions on the Venezuelan government and persons supporting the Venezuelan government;
may deny U.S. nonhumanitarian foreign assistance, arms-related assistance, and debt forgiveness to any country that provides assistance to the Venezuelan government;
may provide support to individuals and independent nongovernmental organizations to support democracy-building efforts in Venezuela;
must develop a plan to provide assistance to Venezuela under a democratically elected government, which may include food, medicine, and emergency energy assistance to meet the basic needs of Venezuelans;
must take steps to terminate sanctions under this bill once the President determines that a democratically elected government is in power (criteria for such a determination include a Venezuelan government that is the result of free and fair elections, is making progress in establishing an independent judiciary and respecting human rights, and has released all political prisoners).

The Department of the Treasury must oppose the seating of Venezuelan representatives at certain international financial institutions such as the International Monetary Fund.

Additionally, the bill prohibits U.S. persons (individuals or entities) from engaging in transactions involving Venezuela's debt or any digital currency issued by Venezuela.

What's happening now January 8, 2025

Read twice and referred to the Committee on Foreign Relations.

Committees of jurisdiction 1