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Neutral Bill Mar 16, 2026

To require the Comptroller General of the United States to conduct an audit of a United States and Venezuela energy deal, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7819 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7819 To require the Comptroller General of the United States to conduct an audit of a United States and Venezuela energy deal, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 5, 2026 Mr. Casten (for himself and Mr. Castro of Texas) introduced the following bill; which was referred to the Committee on Foreign Affairs _______________________________________________________________________ A BILL To require the Comptroller General of the United States to conduct an audit of a United States and Venezuela energy deal, and for other purposes. 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 ``Venezuela Oil Proceeds Transparency Act''. SEC. 2. FINDINGS. Congress finds that-- (1) on January 6, 2026, President Trump announced a United States-Venezuela energy deal under which the United States will market and sell Venezuelan oil and deposit proceeds into ``U.S.-controlled'' accounts; (2) according to the fact sheet of the Department of Energy issued on January 7, 2026, on the United States-Venezuela energy deal-- (A) the Federal Government has engaged commodity marketers and banks to execute and provide financial support for the crude oil and crude products sales; (B) all proceeds from the sale of Venezuelan crude oil and oil products will first settle in United States-controlled accounts at foreign banks ``to guarantee the legitimacy and integrity of the ultimate distribution of proceeds''; and (C) the funds will be disbursed ``for the benefit of the American people and the Venezuelan people at the discretion of the U.S. government'' and will continue indefinitely; (3) under the United States-Venezuela energy deal, the Uni

https://www.congress.gov/bill/119th-congress/house-bill/7819
Sean Casten U.S. Representative Joaquin Castro U.S. Representative Cosponsor
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