REVOCAR Act

[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9995 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9995 To immediately halt investment by United States persons in the energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES October 15, 2024 Ms. Wasserman Schultz (for herself and Ms. Salazar) introduced the following bill; which was referred to the Committee on Foreign Affairs _______________________________________________________________________ A BILL To immediately halt investment by United States persons in the energy sector of Venezuela until the legitimate results of the July 28, 2024, election are respected. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Revoke Exemptions for Venezuelan Oil to Curb Autocratic Repression Act of 2024'' or the ``REVOCAR Act''. SEC. 2. FINDINGS. Congress makes the following findings: (1) On July 28, 2024, more than 10,000,000 citizens of Venezuela voted in a presidential election in which meticulously documented and publicized data from credible election monitors clearly and convincingly showed that opposition candidate Edmundo Gonzalez received more than two- thirds of the votes against the regime of Nicolas Maduro. (2) The Maduro regime has refused to respect the overwhelming choice of the people of Venezuela and subsequently arrested and abused thousands of innocent citizens of Venezuela, including children, for peaceful political participation. SEC. 3. PROHIBITION ON INVESTMENT BY UNITED STATES PERSONS IN ENERGY SECTOR OF VENEZUELA UNTIL THE LEGITIMATE RESULTS OF THE JULY 28, 2024, ELECTION ARE RESPECTED. (a) Prohibition.-- (1) In general.--Beginning on the date of the enactment of this Act, the following