,,ii #aai? ,,congress #a/ ,session ,s4 #cg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,janu>y #h1 #bjbe,mr4 ,ris* 7= himself1 ,mr4 ,b5net1 ,mr4 ,b>rasso1 ,mr4 ,scott ( ,florida1 ,mr4 ,sullivan1 ,mr4 ,cassidy1 & ,mr4 ,ricketts7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,a ,,bill ,to promote democracy 9 ,v5ezuela1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,v5ezuela ,advanc+ ,lib]ty1 ,opportunity1 & ,rights ,act ( #bjbe or ! ,,valor ,act ( #bjbe4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4,sec4 #b4 ,/atem5t ( policy4,sec4 #c4 ,appropriate congressional committees def9$4,,title ,i--,det]m9ations ( a democratically elect$ gov]nm5t 9 ,venezuela,sec4 #aja4 ,det]m9ations ( a democratically elect$ gov]nm5t 9 ,v5ezuela4,,title ,,ii--,promot+ democratic *ange 9 ,venezuela,sec4 #bja4 ,unit$ ,/ates policy reg>d+ p>ticipation ( ,v5ezuela 9 int]national f9ancial in/itutions4,sec4 #bjb4 ,unit$ ,/ates policy reg>d+ p>ticipation ( ,v5ezuela 9 ! ,organization ( ,am]ican ,/ates4,sec4 #bjc4 ,au?orization ( support = democratic & human rights gr\ps & int]national obs]v]s4,sec4 #bjd4 ,support = ! p ( ,v5ezuela4,,title ,,iii--,sanctions,sec4 #cja4 ,def9itions4,sec4 #cjb4 ,block+ int]national support = a nondemocratic gov]nm5t 9 ,v5ezuela4,sec4 #cjc4 ,f9ancial sanctions ) respect to debt in/rum5ts ( ,maduro regime4,sec4 #cjd4 ,sanctions ) respect to cryptocurr5cy & relat$ te*nologies 9 ,v5ezuela4,sec4 #cje4 ,block+ prop]ty ( ! ,gov]nm5t ( ,v5ezuela4,sec4 #cjf4 ,t]m9ation ( sanctions4,sec4 #cjg4 ,implem5tation2 p5alties4,sec4 #cjh4 ,report on specific lic5ses t au?orize transactions ) sanction$ p]sons4,sec4 #cji4 ,report on =eign p]sons do+ bus9ess ) ! ,maduro regime4,,title ,,iv--,assi/ance to a free & indep5d5t ,venezuela,sec4 #dja4 ,assi/ance = ! p ( ,v5ezuela4,sec4 #djb4 ,report on trade & inve/m5t relations betwe5 ! ,unit$ ,/ates & ,v5ezuela4,,title ,v--,g5]al provisions,sec4 #eja4 ,effect on lawful ,unit$ ,/ates ,gov]nm5t activities4,sec4 #ejb4 ,exception relat+ to importation ( goods4 #b4 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates-- 7#a7 to seek a peaceful transition to democracy 9 ,v5ezuela ?r\gh support = ! p ( ,v5ezuela1 & ! use ( ! full range ( diplomatic tools1 includ+ ! c>eful application ( sanctions direct$ at ! regime ( ,nicolas ,maduro & any nondemocratic successor gov]nm5t2 7#b7 to seek ! coop]ation ( o!r democratic c\ntries 9 support+ a transition describ$ 9 p>agraph 7#a72 7#c7 to /op ! evasion ( ,unit$ ,/ates sanctions on ! ,maduro regime & to seek ! spe$y t]m9ation ( any rema9+ milit>y1 security1 or te*nical assi/ance1 subsidies1 or o!r =ms ( assi/ance to ! ,maduro regime & any nondemocratic successor gov]nm5t f ! gov]nm5t ( any o!r c\ntry1 includ+ ! gov]nm5ts ( ! ,republic ( ,cuba1 ! ,islamic ,republic ( ,iran1 ! ,russian ,f$]ation1 & ! ,p's ,republic ( ,*9a2 7#d7 to ma9ta9 sanctions on ! ,maduro regime s long z x cont9ues to refuse to move t[>d democratization & great] respect = int]nationally recogniz$ human rights2 & 7#e7 to be prep>$ to r$uce ! sanctions impos$ ) respect to ,v5ezuela 9 c>efully calibrat$ ways 9 response to demon/rable progress t[>d democratization 9 ,v5ezuela z describ$ 9 p>agraph 7#a74 #c4 ,appropriate congressional committees def9$ ,9 ?is ,act1 ! t]m appropriate congressional committees means-- 7#a7 ! ,committee on ,=eign ,relations & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate2 & 7#b7 ! ,committee on ,=eign ,affairs & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 ,i ,det]m9ations ( a democratically elect$ gov]nm5t 9 ,v5ezuela #aja4 ,det]m9ations ( a democratically elect$ gov]nm5t 9 ,v5ezuela 7a7 ,9 g5]al ,^u mak+ a det]m9ation t a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela1 ! ,presid5t %all submit t det]m9ation to ! appropriate congressional committees4 7b7 ,requirem5ts = det]m9+ a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela ,= ! purposes ( mak+ a det]m9ation "u subsection 7a71 a democratically elect$ gov]nm5t 9 ,v5ezuela is a gov]nm5t t-- 7#a7 results f free & fair elections-- 7,a7 conduct$ "u ! sup]vision ( int]nationally recogniz$ election obs]v]s2 & 7,b7 9 :i*-- 7i7 all qualifi$ c&idates 7 all[$ to p>ticipate2 7ii7 opposition p>ties 7 p]mitt$ ample "t to organize & campaign = su* elections2 & 7iii7 all qualifi$ c&idates 7 p]mitt$ full access to ! m$ia2 7#b7 is mak+ demon/rable progress 9-- 7,a7 e/abli%+ an indep5d5t judici>y2 7,b7 respect+ int]nationally recogniz$ human rights1 basic civil lib]ties1 & fundam5tal fre$oms z set =? 9 ! ,univ]sal ,decl>ation ( ,human ,rights1 :i* 0 adopt$ unanim\sly by ! ,unit$ ,nations ,g5]al ,assembly & support$ by ,v5ezuela2 7,c7 all[+ ! e/abli%m5t ( indep5d5t social1 economic1 & political associations2 7,d7 effectively gu>antee+ ! rights ( free spee* & fre$om ( ! press1 includ+ grant+ p]mits to privately own$ m$ia & telecommunications companies to op]ate 9 ,v5ezuela2 & 7,e7 assur+ ! "r to private prop]ty2 7#c7 does n include ,nicolas ,maduro or any p]sons-- 7,a7 ) respect to :i* sanctions h be5 impos$ by ! ,(fice ( ,=eign ,assets ,control2 or 7,b7 s\ght by ! ,unit$ ,/ates ,dep>tm5t ( ,ju/ice2 7#d7 has lift$ ! ord] ( contempt issu$ by ! ,v5ezuelan ,supreme ,tribunal ( ,ju/ice 7,,tsj7 on ,janu>y #aa1 #bjaf1 aga9/ ! ,national ,assembly conv5$ on ,janu>y #f1 #bjaf1 includ+ by re/or+ all p[]s ( ! ,national ,assembly & ! immunities = deputies2 7#e7 has ceas$ to int]f]e ) ! function+ ( all political p>ties & c&idates1 includ+ by lift+ all judicial int]v5tions ( political p>ties & re/rictions on all presid5tial c&idates2 7#f7 has releas$ all political prison]s & all[$ = inve/igations ( ,v5ezuelan prisons by appropriate int]national human rights organizations2 7#g7 has dissolv$ ! ,colectivos & any /ate security & intellig5ce s]vice cr$ibly accus$ ( committ+ gross violations ( human rights2 7#h7 is tak+ g5u9e ef=ts to extradite or o!rwise r5d] to ! ,unit$ ,/ates all p]sons s\ght by ! ,unit$ ,/ates ,dep>tm5t ( ,ju/ice = crimes committ$ 9 ! ,unit$ ,/ates2 7#i7 is n provid+ any support to any gr\p1 9 any o!r c\ntry1 t seeks ! viol5t ov]?r[ ( ! gov]nm5t ( t c\ntry2 7#aj7 has p]mitt$ ! deploym5t ?r\gh\t ,v5ezuela ( indep5d5t & unfett]$ int]national human rights monitors2 & 7#aa7 has fre$ all ho/ages & illegally & wrongfully deta9$ ,unit$ ,/ates nationals4 ,,ii ,promot+ democratic *ange 9 ,v5ezuela #bja4 ,unit$ ,/ates policy reg>d+ p>ticipation ( ,v5ezuela 9 int]national f9ancial in/itutions 7a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates executive director ( ea* int]national f9ancial in/itution to use ! voice & vote ( ! ,unit$ ,/ates to oppose ! seat+ ( repres5tatives ( ! regime ( ,nicolas ,maduro or any nondemocratic successor gov]nm5t z a memb] ( t in/itution4 7b7 ,/eps aft] democratically elect$ gov]nm5t 9 p[] ,on & aft] ! date on :i* ! ,presid5t submits to ! appropriate congressional committees a det]m9ation "u section #aja7;a7 t a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela-- 7#a7 ! ,presid5t is enc\rag$ to take /eps to support ! seat+ ( repres5tatives ( ! democratically elect$ gov]nm5t to repres5t ,v5ezuela 9 ea* int]national f9ancial in/itution2 & 7#b7 ! ,secret>y ( ! ,treasury %all in/ruct ! ,unit$ ,/ates executive director ( ea* int]national f9ancial in/itution to oppose any assi/ance f ! in/itution to ,v5ezuela t ! ,unit$ ,/ates ,gov]nm5t does n assess contributes to a /able f\ndation = a democratically elect$ gov]nm5t 9 ,v5ezuela4 7c7 ,int]national f9ancial in/itution def9$ ,9 ?is section1 ! t]m int]national f9ancial in/itution means ea* ( ! foll[+3 7#a7 ,! ,int]national ,monet>y ,fund4 7#b7 ,! ,int]national ,bank = ,recon/ruction & ,developm5t4 7#c7 ,! ,int]national ,developm5t ,association4 7#d7 ,! ,int]national ,f9ance ,corporation4 7#e7 ,! ,multilat]al ,inve/m5t ,gu>antee ,ag5cy4 7#f7 ,! ,int]-,am]ican ,developm5t ,bank4 #bjb4 ,unit$ ,/ates policy reg>d+ p>ticipation ( ,v5ezuela 9 ! ,organization ( ,am]ican ,/ates ,! ,presid5t %all in/ruct ! ,unit$ ,/ates ,p]man5t ,repres5tative to ! ,organization ( ,am]ican ,/ates to use ! voice & vote ( ! ,unit$ ,/ates to oppose any measure t w\ld all[ a nondemocratic gov]nm5t ( ,v5ezuela to p>ticipate 9 ! ,organization ( ,am]ican ,/ates until ! ,presid5t submits to ! appropriate congressional committees a det]m9ation "u section #aja7;a7 t a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela4 #bjc4 ,au?orization ( support = democratic & human rights gr\ps & int]national obs]v]s 7a7 ,9 g5]al ,not)/&+ any o!r provision ( law 7o!r ?an section #fcd;,a ( ! ,=eign ,assi/ance ,act ( #aifa 7#bb ,u4,s4,c4 #bcid-a7 or any comp>able notification requirem5t conta9$ 9 any ,act mak+ appropriations = ! ,dep>tm5t ( ,/ate1 =eign op]ations1 & relat$ programs71 ! ,presid5t may provide assi/ance & o!r support = individuals & indep5d5t nongov]nm5tal organizations to support democracy-build+ ef=ts 9 ,v5ezuela1 includ+ z describ$ 9 subsections 7b7 & 7c74 7b7 ,organization ( ,am]ican ,/ates em]g5cy fund 7#a7 ,= support ( int]nationally recogniz$ human rights & free & fair elections ,! ,presid5t %all take ! necess>y /eps to enc\rage ! ,organization ( ,am]ican ,/ates to create a special em]g5cy fund = ! explicit purpose ( deploy+ human rights obs]v]s & individuals & organizations engag$ 9 election support & election obs]vation 9 ,v5ezuela4 7#b7 ,volunt>y contributions = fund ,! ,presid5t %\ld provide n less ?an #e1jjj1jjj ( ! volunt>y contributions ( ! ,unit$ ,/ates to ! ,organization ( ,am]ican ,/ates solely = ! purposes ( ! special fund ref]r$ to 9 p>agraph 7#a74 7c7 ,action ( o!r memb] /ates ,! ,presid5t %\ld in/ruct ! ,unit$ ,/ates ,p]man5t ,repres5tative to ! ,organization ( ,am]ican ,/ates to enc\rage o!r memb] /ates ( ! ,organization to jo9 9 call+ = ! ,gov]nm5t ( ,v5ezuela to all[ ! imm$iate deploym5t ( indep5d5t human rights monitors ( ! ,organization ( ,am]ican ,/ates ?r\gh\t ,v5ezuela & on-site visits to ,v5ezuela by ! ,int]-,am]ican ,commission on ,human ,rights4 7d7 ,d5ial ( funds to ,gov]nm5t ( ,v5ezuela ,9 implem5t+ ?is section1 ! ,presid5t %all take all necess>y /eps to ensure t no funds or o!r assi/ance is provid$ to a nondemocratic gov]nm5t ( ,v5ezuela4 #bjd4 ,support = ! p ( ,v5ezuela ,! ,presid5t-- 7#a7 may1 pursuant to ,g5]al ,lic5se #bi ( ! ,(fice ( ,=eign ,assets ,control ( ! ,dep>tm5t ( ! ,treasury1 provide assi/ance ?r\gh indep5d5t nongov]nm5tal organizations to support humanit>ian projects 9 ,v5ezuela-- 7,a7 to meet basic human ne$s2 7,b7 to build democracy2 7,c7 to provide education2 7,d7 = non-comm]cial developm5t projects2 & 7,e7 = environm5tal protection2 & 7#b7 %all e/abli% safegu>ds to ensure t any assi/ance provid$ pursuant to p>agraph 7#a7 is-- 7,a7 n provid+ mat]ial b5efit to ! ,maduro regime2 & 7,b7 us$ = ! purposes = :i* x 0 int5d$ & only = ! use & b5efit ( ! p ( ,v5ezuela4 ,,iii ,sanctions #cja4 ,def9itions ,9 ?is title3 7#a7 ,entity ,! t]m entity means a p>tn]%ip1 association1 tru/1 jo9t v5ture1 corporation1 gr\p1 subgr\p1 or organization4 7#b7 ,gov]nm5t ( ,v5ezuela ,! t]m ,gov]nm5t ( ,v5ezuela includes-- 7,a7 ! /ate & ,gov]nm5t ( ,v5ezuela2 7,b7 any political subdivision1 ag5cy1 or in/rum5tality !re(1 includ+ ! ,c5tral ,bank ( ,v5ezuela & ,petroleos de ,v5ezuela1 ,s4,a42 7,c7 any p]son own$ or controll$1 directly or indirectly1 by an entity describ$ 9 subp>agraph 7,a7 or 7,b72 & 7,d7 any p]son t has act$ or purport$ to act directly or indirectly = or on behalf ( an entity describ$ 9 subp>agraph 7,a7 or 7,b71 includ+ z a memb] ( ! regime ( ,nicolas ,maduro or any nondemocratic successor gov]nm5t 9 ,v5ezuela4 7#c7 ,p]son ,! t]m p]son means an individual or entity4 7#d7 ,unit$ ,/ates p]son ,! t]m ,unit$ ,/ates p]son means-- 7,a7 a ,unit$ ,/ates citiz5 or ali5 lawfully admitt$ = p]man5t resid5ce to ! ,unit$ ,/ates2 7,b7 any entity organiz$ "u ! laws ( ! ,unit$ ,/ates or any jurisdiction )9 ! ,unit$ ,/ates 7includ+ a =eign bran* ( any su* entity72 & 7,c7 any p]son physically locat$ 9 ! ,unit$ ,/ates4 #cjb4 ,block+ int]national support = a nondemocratic gov]nm5t 9 ,v5ezuela 7a7 ,/atem5t ( policy reg>d+ ,v5ezuelan trad+ p>tn]s ,! ,presid5t %\ld enc\rage ! gov]nm5ts ( c\ntries t conduct trade ) ,v5ezuela to re/rict _! trade & cr$it relations ) ,v5ezuela 9 a mann] consi/5t ) ! purposes ( ?is ,act4 7b7 ,sanctions aga9/ c\ntries assi/+ a nondemocratic gov]nm5t 9 ,v5ezuela 7#a7 ,9 g5]al ,! ,presid5t may impose ! foll[+ sanctions ) respect to any c\ntry t provides assi/ance to ! regime ( ,nicolas ,maduro or any nondemocratic successor gov]nm5t 9 ,v5ezuela3 7,a7 ,! ,presid5t may det]m9e t ! gov]nm5t ( su* c\ntry is n eligible = nonhumanit>ian assi/ance "u ! ,=eign ,assi/ance ,act ( #aifa 7#bb ,u4,s4,c4 #baea et seq47 or assi/ance or sales "u ! ,arms ,export ,control ,act 7#bb ,u4,s4,c4 #bgea et seq474 7,b7 ,! ,presid5t may det]m9e t ! c\ntry is n eligible1 "u any program1 = =giv5ess or r$uction ( debt ow$ to ! ,unit$ ,/ates ,gov]nm5t4 7#b7 ,t]m9ation ,! au?ority to impose sanctions "u ?is section %all cease to apply at su* "t z ! ,presid5t submits to ! appropriate congressional committees a det]m9ation "u section #aja7;a7 t a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela4 7c7 ,def9itions ,9 ?is section3 7#a7 ,assi/ance to ,v5ezuela ,! t]m assi/ance to ,v5ezuela-- 7,a7 means assi/ance to or = ! b5efit ( ! ,gov]nm5t ( ,v5ezuela t is provid$ by grant1 concessional sale1 gu>anty1 or insurance1 or by any o!r means on t]ms m favorable ?an t g5]ally available 9 ! applicable m>ket1 :e!r 9 ! =m ( a loan1 lease1 cr$it1 or o!rwise2 7,b7 includes-- 7i7 subsidies = exports to ,v5ezuela2 7ii7 favorable t>iff treatm5t ( articles t are ! gr[?1 product1 or manufacture ( ,v5ezuela2 & 7iii7 an ex*ange1 r$uction1 or =giv5ess ( debt ow$ by ! ,gov]nm5t ( ,v5ezuela to a =eign c\ntry 9 return = a grant ( an equity int]e/ 9 a prop]ty1 inve/m5t1 or op]ation ( ! ,gov]nm5t ( ,v5ezuela 7includ+ any ag5cy or in/rum5tality ( ! ,gov]nm5t ( ,v5ezuela7 or a national ( ,v5ezuela2 & 7,c7 does n include-- 7i7 humanit>ian assi/ance1 includ+ donations ( food1 made available to nongov]nm5tal organizations or individuals 9 ,v5ezuela2 or 7ii7 exports ( m$ic9es or m$ical supplies1 in/rum5ts1 or equipm5t4 7#b7 ,ag5cy or in/rum5tality ( ! ,gov]nm5t ( ,v5ezuela ,! t]m ag5cy or in/rum5tality ( ! ,gov]nm5t ( ,v5ezuela has ! mean+ giv5 ! t]m ag5cy or in/rum5tality ( a =eign /ate 9 section #afjc7;b7 ( title #bh1 ,unit$ ,/ates ,code1 except t ea* ref]5ce 9 su* section to a =eign /ate %all be deem$ to be a ref]5ce to ! ,gov]nm5t ( ,v5ezuela4 #cjc4 ,f9ancial sanctions ) respect to debt in/rum5ts ( ,maduro regime 7a7 ,prohibition ( c]ta9 transactions 7#a7 ,9 g5]al ,beg9n+ on ! date ( ! enactm5t ( ?is ,act1 all transactions by a ,unit$ ,/ates p]son or )9 ! ,unit$ ,/ates t relate to1 provide f9anc+ =1 or o!rwise deal 9 debt in/rum5ts issu$ by1 =1 or on behalf ( ,petroleos de ,v5ezuela1 ,s4,a41 or ! regime ( ,nicolas ,maduro or any nondemocratic successor gov]nm5t 9 ,v5ezuela1 are prohibit$4 7#b7 ,inclusions ,! prohibition "u p>agraph 7#a7 includes a prohibition on-- 7,a7 ent]+ into any transaction 9-- 7i7 debt in/rum5ts ) a maturity ( m ?an #ij days issu$ by ,petrleos de ,v5ezuela1 ,s4,a41 on or aft] ! date ( ! enactm5t ( ?is ,act2 7ii7 debt in/rum5ts ) a maturity ( m ?an #cj days or equity issu$ by ! ,maduro regime on or aft] su* date ( enactm5t1 o!r ?an debt in/rum5ts issu$ by ,petrleos de ,v5ezuela1 ,s4,a41 cov]$ by clause 7i72 7iii7 bonds issu$ by ! ,maduro regime be=e su* date ( enactm5t2 or 7iv7 divid5d paym5ts or o!r di/ributions ( pr(its to ! ,maduro regime f any entity own$ or controll$1 directly or indirectly1 by ! ,maduro regime2 7,b7 ! direct or indirect pur*ase ( securities f ! ,maduro regime1 o!r ?an-- 7i7 securities qualify+ z debt in/rum5ts issu$ by ,petrleos de ,v5ezuela1 ,s4,a41 cov]$ by subp>agraph 7,a77i72 & 7ii7 securities qualify+ z debt in/rum5ts issu$ by ! ,maduro regime cov]$ by subp>agraph 7,a77ii72 7,c7 pur*as+ any debt ow$ to ! ,maduro regime1 includ+ acc\nts receivable2 7,d7 ent]+ into any transaction relat$ to any debt ow$ to ! ,maduro regime t is pl$g$ z collat]al aft] ,may #ba1 #bjah1 includ+ acc\nts receivable2 7,e7 ent]+ into any transaction involv+ ! sell+1 transf]r+1 assign+1 or pl$g+ z collat]al by ! ,maduro regime ( any equity int]e/ 9 any entity 9 :i* ! ,maduro regime has a #ej p]c5t or great] own]%ip int]e/2 & 7,f7 ent]+ into any transaction t evades or avoids1 has ! purpose ( evad+ or avoid+1 causes a violation (1 or attempts to violate any ( ! prohibitions set =? 9 ?is subsection4 7b7 ,rulemak+ 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y ( ,/ate1 may take su* actions1 includ+ prescrib+ rules & regulations1 z are necess>y to implem5t ?is section4 7#b7 ,delegation ,! ,secret>y ( ! ,treasury may r$elegate ! au?ority describ$ 9 p>agraph 7#a7 to o!r (fic]s & ag5cies ( ! ,unit$ ,/ates ,gov]nm5t4 7c7 ,responsibility ( o!r ag5cies ,all ag5cies ( ! ,unit$ ,/ates ,gov]nm5t %all take all appropriate measures )9 _! au?ority to c>ry out ! provisions ( ?is section4 #cjd4 ,sanctions ) respect to cryptocurr5cy & relat$ te*nologies 9 ,v5ezuela 7a7 ,prohibition ( c]ta9 transactions 7#a7 ,9 g5]al ,beg9n+ on ! date ( ! enactm5t ( ?is ,act1 ! foll[+ transactions are prohibit$3 7,a7 ,any transaction by a ,unit$ ,/ates p]son or )9 ! ,unit$ ,/ates t relates to1 provides f9anc+ =1 or o!rwise deals 9 any digital curr5cy1 digital co91 or digital tok51 t 0 issu$ by1 =1 or on behalf ( ! regime ( ,nicolas ,maduro or any nondemocratic successor gov]nm5t4 7,b7 ,any transaction t evades or avoids1 has ! purpose ( evad+ or avoid+1 causes a violation (1 or attempts to violate ! prohibition "u subp>agraph 7,a74 7#b7 ,applicability ,! prohibitions "u p>agraph 7#a7 %all apply-- 7,a7 to ! ext5t provid$ by /atutes1 or 9 regulations1 ord]s1 directives1 or lic5ses t may be issu$ pursuant to ?is section2 & 7,b7 not)/&+ any contract ent]$ into or any lic5se or p]mit grant$ be=e ! date ( ! enactm5t ( ?is ,act4 7b7 ,rulemak+ 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y ( ,/ate1 may take su* actions1 includ+ prescrib+ rules & regulations1 z are necess>y to implem5t ?is section4 7#b7 ,delegation ,! ,secret>y ( ! ,treasury may r$elegate ! au?ority describ$ 9 p>agraph 7#a7 to o!r (fic]s & ag5cies ( ! ,unit$ ,/ates ,gov]nm5t4 7c7 ,responsibility ( o!r ag5cies ,all ag5cies ( ! ,unit$ ,/ates ,gov]nm5t %all take all appropriate measures )9 _! au?ority to c>ry out ! provisions ( ?is section4 #cje4 ,block+ prop]ty ( ! ,gov]nm5t ( ,v5ezuela 7a7 ,block+ ( prop]ty ,! ,presid5t %all ex]cise all p[]s grant$ to ! ,presid5t by ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja et seq47 to ! ext5t necess>y to block & prohibit all transactions 9 all prop]ty & int]e/s 9 prop]ty ( ! ,gov]nm5t ( ,v5ezuela & any p]son describ$ 9 subsection 7b7 if su* prop]ty & int]e/s 9 prop]ty are 9 ! ,unit$ ,/ates1 come )9 ! ,unit$ ,/ates1 or are or come )9 ! possession or control ( a ,unit$ ,/ates p]son4 7b7 ,p]sons describ$ ,a p]son describ$ 9 ?is subsection is any p]son det]m9$ by ! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y ( ,/ate-- 7#a7 to h mat]ially assi/$1 sponsor$1 or provid$ f9ancial1 mat]ial1 or te*nological support =1 or goods or s]vices to or 9 support (1 any p]son ! prop]ty & int]e/s 9 prop]ty ( :i* are block$ pursuant to subsection 7a72 or 7#b7 to be own$ or controll$ by1 or to h act$ or purport$ to act = or on behalf (1 directly or indirectly1 any p]son ! prop]ty & int]e/s 9 prop]ty ( :i* are block$ pursuant to subsection 7a74 7c7 ,prohibitions on evasion ,any transaction t evades or avoids1 has ! purpose ( evad+ or avoid+1 causes a violation (1 or attempts to violate1 ! prohibition "u subsection 7a7 is prohibit$4 7d7 ,applicability ,subsection 7a7 & ! prohibition "u subsection 7c7 %all apply-- 7#a7 to ! ext5t provid$ by /atutes1 or 9 regulations1 ord]s1 directives1 or lic5ses t may be issu$ pursuant to ?is section2 & 7#b7 not)/&+ any contract ent]$ into or any lic5se or p]mit grant$ be=e ! date ( ! enactm5t ( ?is ,act4 7e7 ,rulemak+ 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury1 9 consultation ) ! ,secret>y ( ,/ate1 may take su* actions1 includ+ prescrib+ rules & regulations1 z are necess>y to implem5t ?is section4 7#b7 ,delegation ,! ,secret>y ( ! ,treasury may r$elegate ! au?ority describ$ 9 p>agraph 7#a7 to o!r (fic]s & ag5cies ( ! ,unit$ ,/ates ,gov]nm5t4 7f7 ,responsibility ( o!r ag5cies ,all ag5cies ( ! ,unit$ ,/ates ,gov]nm5t %all take all appropriate measures )9 _! au?ority to c>ry out ! provisions ( ?is section4 #cjf4 ,t]m9ation ( sanctions 7a7 ,9 g5]al ,^u submitt+ to ! appropriate congressional committees a det]m9ation "u section #aja7;a7 t a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela1 ! ,presid5t %all take /eps to t]m9ate ! sanctions impos$ "u ?is title4 7b7 ,review ( t]m9ation ( sanctions 7#a7 ,report+ requirem5ts ,^u tak+ action "u subsection 7a7 to t]m9ate ! sanctions impos$ "u ?is title1 ! ,presid5t %all-- 7,a7 imm$iately notify ,congress ( t action2 & 7,b7 submit to ,congress1 n less frequ5tly ?an e #ahj days !reaft] = #c ye>s1 a report on ! progress be+ made by ,v5ezuela t[>d ! e/abli%m5t ( a democratically elect$ gov]nm5t4 7#b7 ,congressional review 7,a7 ,jo9t resolution ( disapproval def9$ ,9 ?is p>agraph1 ! t]m jo9t resolution ( disapproval means a jo9t resolution1 ! sole matt] aft] ! resolv+ clause ( :i* is z foll[s3 ,t ,congress disapproves ! action ( ! ,presid5t "u section #cjf7;a7 ( ! ,v5ezuela ,advanc+ ,lib]ty1 ,opportunity1 & ,rights ,act ( #bjbe to t]m9ate ! sanctions impos$ "u title ,,iii ( t ,act1 notice ( :i* 0 submitt$ to ! ,congress on 41 ) ! blank space be+ fill$ ) ! date on :i* ! ,presid5t notifi$ ,congress ) respect to ! action "u p>agraph 7#a77;,a74 7,b7 ,effect ( enactm5t ,an action tak5 by ! ,presid5t "u subsection 7a7 %all cease to be effective ^u ! enactm5t ( a jo9t resolution ( disapproval ) respect to t action4 7,c7 ,ref]ral to committees 7i7 ,s5ate ,a jo9t resolution ( disapproval introduc$ 9 ! ,s5ate %all be ref]r$ to ! ,committee on ,=eign ,relations4 7ii7 ,h\se ( ,repres5tatives ,a jo9t resolution ( disapproval introduc$ 9 ! ,h\se ( ,repres5tatives %all be ref]r$ to ! ,committee on ,=eign ,affairs4 7,d7 ,proc$ures 7i7 ,s5ate ,a jo9t resolution ( disapproval %all be consid]$ 9 ! ,s5ate 9 accordance ) ! provisions ( section #fja7;b7 ( ! ,int]national ,security ,assi/ance & ,arms ,export ,control ,act ( #aigf 7,public ,law #id-cbi2 #ij ,/at4 #gfe74 7ii7 ,h\se ( ,repres5tatives ,= ! purpose ( exp$it+ ! consid]ation & enactm5t ( a jo9t resolution ( disapproval1 a motion to proce$ to ! consid]ation ( su* a resolution aft] x has be5 report$ by ! appropriate committee "u subp>agraph 7,c7 %all be treat$ z highly privileg$ 9 ! ,h\se ( ,repres5tatives4 7iii7 ,limitation ,n m ?an "o jo9t resolution ( disapproval may be consid]$ 9 ! ,s5ate & ! ,h\se ( ,repres5tatives 9-- 7,i7 ! #ahj-;day p]iod beg9n+ on ! date on :i* ! ,presid5t notifies ,congress "u p>agraph 7#a77;,a7 ) respect to action tak5 "u subsection 7a72 & 7,,ii7 ea* #ahj-;day p]iod !reaft]4 7,e7 ,rules ( ,h\se ( ,repres5tatives & ,s5ate ,?is p>agraph is enact$ by ,congress-- 7i7 z an ex]cise ( ! rulemak+ p[] ( ! ,s5ate & ! ,h\se ( ,repres5tatives1 respectively1 & z su* is deem$ a "p ( ! rules ( ea* ,h\se1 respectively1 & sup]s$es o!r rules only to ! ext5t t x is inconsi/5t ) su* rules2 & 7ii7 ) full recognition ( ! con/itutional "r ( ei!r ,h\se to *ange ! rules 7s f> z relat+ to ! proc$ure ( t ,h\se7 at any "t1 9 ! same mann]1 & to ! same ext5t z 9 ! case ( any o!r rule ( t ,h\se4 #cjg4 ,implem5tation2 p5alties 7a7 ,implem5tation2 p5alties 7#a7 ,implem5tation ,! ,presid5t may ex]cise all au?orities provid$ to ! ,presid5t "u sections #bjc & #bje ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agjb & #agjd7 to c>ry out ?is title4 7#b7 ,p5alties ,a p]son t violates1 attempts to violate1 conspires to violate1 or causes a violation ( ?is title or any regulation1 lic5se1 or ord] issu$ to c>ry out ?is title %all be subject to ! p5alties set =? 9 subsections 7b7 & 7c7 ( section #bjf ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agje7 to ! same ext5t z a p]son t commits an unlawful act describ$ 9 subsection 7a7 ( t section4 7#c7 ,waiv] ,! ,presid5t may waive ! application ( sanctions "u ?is title ) respect to a =eign p]son if ! ,presid5t1 n lat] ?an #aj days be=e ! waiv] is to take effect1 det]m9es & c]tifies to ! appropriate congressional committees t su* a waiv] is 9 ! vital national security int]e/ ( ! ,unit$ ,/ates4 ,! ,presid5t %all submit ) ! c]tification a detail$ ju/ification expla9+ ! reasons = ! waiv]4 #cjh4 ,report on specific lic5ses t au?orize transactions ) sanction$ p]sons 7a7 ,report requir$ 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 & e #ahj days !reaft] until ! date t is #aj ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury1 9 coord9ation ) ! ,secret>y ( ,/ate1 %all submit to ! appropriate congressional committees a report t includes-- 7,a7 a li/ ( specific lic5ses issu$ by ! ,secret>y ( ! ,treasury dur+ ! #ahj-;day p]iod prec$+ submission ( ! report t au?orize any transaction ) a p]son ) respect to :i* sanctions h be5 impos$ "u section #cjc1 #cjd1 or #cje2 & 7,b7 7i7 9 ! case ( ! fir/ report1 an e/imate ( funds ! ,maduro regime has access$ z a result ( lic5ses issu$ by ! ,(fice ( ,=eign ,assets ,control s9ce ,janu>y #bj1 #bjba2 & 7ii7 9 ! case ( any subsequ5t report1 an e/imate ( ! funds ! ,maduro regime has access$ z a result ( su* lic5ses issu$ dur+ ! #ahj-;day p]iod prec$+ submission ( ! report4 7#b7 ,elem5ts ,! report requir$ by p>agraph 7#a7 %all include1 ) respect to ea* entity t receiv$ a specific lic5se describ$ 9 t p>agraph1 ! foll[+ in=mation3 7,a7 ,! "n ( ! entity4 7,b7 ,a brief description ( ! activity au?oriz$ by ! lic5se4 7,c7 ,a brief ju/ification ( :y ! ,(fice ( ,=eign ,assets ,control grant$ ! lic5se4 7b7 ,submission ( copies ( lic5ses on reque/ ,! ,secret>y ( ! ,treasury %all exp$iti\sly provide to ! appropriate congressional committees a copy ( any lic5se id5tifi$ 9 a report submitt$ "u subsection 7a7 if an appropriate ,memb] ( ,congress reque/s a copy ( t lic5se n lat] ?an #fj days aft] ! report is submitt$4 7c7 ,bus9ess confid5tial in=mation 7#a7 ,9 g5]al ,! ,secret>y ( ! ,treasury %all1 9 ea* report requir$ by subsection 7a7 & any submission "u subsection 7b71 id5tify any propriet>y in=mation submitt$ by any private sector repres5tative & m>k su* in=mation z bus9ess confid5tial in=mation4 7#b7 ,treatm5t z trade secrets ,bus9ess confid5tial in=mation describ$ 9 p>agraph 7#a7 %all be consid]$ to be a matt] fall+ )9 ! mean+ ( ! exception = trade secrets & comm]cial or f9ancial in=mation "u subsection 7b77#d7 ( section #eeb ( title #e1 ,unit$ ,/ates ,code1 & %all be exempt f disclosure "u su* section )\t ! express approval ( ! private p>ty4 7#c7 ,=m ( report & submissions ,ea* report requir$ by subsection 7a7 & any submission "u subsection 7b7 %all be submitt$ 9 unclassifi$ =m1 b may conta9 a classifi$ annex4 7d7 ,sunset ,! section %all h no =ce or effect aft] ! end ( ! #aj-ye> p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act4 #cji4 ,report on =eign p]sons do+ bus9ess ) ! ,maduro regime ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,/ate1 9 consultation ) ! heads ( o!r relevant ,f$]al ag5cies1 %all submit to ! appropriate congressional committees a report t id5tifies any =eign p]son t-- 7#a7 engages 9 or has engag$ 9 a significant transaction or transactions1 or any o!r deal+s )1 or has provid$ mat]ial support to or =-- 7,a7 ! ,gov]nm5t ( ,v5ezuela2 7,b7 any p]son ! ,presid5t det]m9es to be kn[+ly responsible = or complicit 91 or responsible = ord]+1 controll+1 or o!rwise direct+1 or to h p>ticipat$ 91 directly or indirectly-- 7i7 actions or policies t significantly und]m9e democratic processes or in/itutions 9 ,v5ezuela2 7ii7 significant acts ( viol5ce or conduct t con/itute s]i\s human rights abuse1 includ+ aga9/ p]sons involv$ 9 antigov]nm5t prote/s 9 ,v5ezuela on or aft] ,febru>y #a1 #bjad2 7iii7 actions t prohibit1 limit1 or p5alize ! ex]cise ( fre$om ( expression or peaceful assembly 9 ,v5ezuela2 or 7iv7 significant public corruption by s5ior (ficials )9 ! ,gov]nm5t ( ,v5ezuela2 or 7,c7 any entity t has1 or ^: memb]s h1 engag$ 9 any activity describ$ 9 subp>agraph 7,b72 7#b7 op]ates 9 ! m9+1 f9ancial1 en]gy1 %ipp+1 or %ipbuild+ sector ( ! economy ( ,v5ezuela2 7#c7 op]ates 9 ! ports1 free trade zones1 or special economic zones ( ,v5ezuela2 7#d7 is own$ or controll$ by a =eign p]son describ$ 9 p>agraph 7#a71 7#b71 or 7#c72 or 7#e7 has kn[+ly mat]ially assi/$1 sponsor$1 or provid$ significant f9ancial1 mat]ial1 or te*nological support =1 or goods or s]vices 9 support (1 a =eign p]son describ$ 9 p>agraph 7#a71 7#b71 or 7#c74 ,,iv ,assi/ance to a free & indep5d5t ,v5ezuela #dja4 ,assi/ance = ! p ( ,v5ezuela 7a7 ,plan = provid+ assi/ance 7#a7 ,developm5t ( plan 7,a7 ,9 g5]al ,! ,presid5t %all develop a plan = provid+ assi/ance to ,v5ezuela "u a democratically elect$ gov]nm5t4 7,b7 ,/rategy = di/ribution ,! plan develop$ "u subp>agraph 7,a7 %all include a /rategy = di/ribut+ assi/ance "u ! plan4 7#b7 ,types ( assi/ance ,assi/ance to ,v5ezuela "u a democratically elect$ gov]nm5t provid$ pursuant to ! plan develop$ "u p>agraph 7#a7 may include-- 7,a7 su* food1 m$ic9e1 m$ical supplies & equipm5t1 & assi/ance to meet em]g5cy en]gy ne$s1 z is necess>y to meet ! basic human ne$s ( ! p ( ,v5ezuela2 7,b7 assi/ance "u-- 7i7 *apt] #a ( "p ,i ( ! ,=eign ,assi/ance ,act ( #aifa 7#bb ,u4,s4,c4 #baea et seq47 7relat+ to developm5t assi/ance72 & 7ii7 *apt] #d ( "p ,,ii ( t ,act 7#bb ,u4,s4,c4 #bcdf et seq47 7relat+ to ! economic support fund72 7,c7 assi/ance "u ! ,food = ,peace ,act 7#g ,u4,s4,c4 #afia et seq472 7,d7 f9anc+1 gu>antees1 & o!r =ms ( assi/ance provid$ by ! ,export-,import ,bank ( ! ,unit$ ,/ates2 7,e7 assi/ance provid$ by ! ,trade & ,developm5t ,ag5cy2 & 7,f7 ,peace ,corps programs4 7#c7 ,di/ribution ,assi/ance "u ! plan develop$ "u p>agraph 7#a7 %all be provid$ ?r\gh relevant ,unit$ ,/ates ,f$]al dep>tm5ts & ag5cies & nongov]nm5tal organizations & private & volunt>y organizations1 :e!r )9 or outside ! ,unit$ ,/ates1 includ+ humanit>ian1 educational1 labor1 & private sector organizations4 7#d7 ,communication ) p ( ,v5ezuela ,! ,presid5t %all take ! necess>y /eps to communicate to ! p ( ,v5ezuela ! plan = assi/ance develop$ "u p>agraph 7#a74 7#e7 ,report to ,congress ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t %all submit to ! appropriate congressional committees a report describ+ 9 detail ! plan develop$ "u p>agraph 7#a74 7b7 ,implem5tation ( plan2 reports to ,congress 7#a7 ,implem5tation ( plan ,^u submitt+ to ! appropriate congressional committees a det]m9ation "u section #aja7;a7 t a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela1 ! ,presid5t %all comm5ce ! deliv]y & di/ribution ( assi/ance to ! democratically elect$ gov]nm5t "u ! plan develop$ "u subsection 7a74 7#b7 ,annual reports to ,congress ,n lat] ?an #fj days aft] ! end ( ea* fiscal ye>1 ! ,presid5t %all submit to ! appropriate congressional committees a report on ! assi/ance provid$ "u ! plan develop$ "u subsection 7a71 includ+-- 7,a7 a description ( ea* type ( assi/ance & ! am\nts exp5d$ = su* assi/ance dur+ ! prec$+ fiscal ye>2 & 7,b7 a description ( ! assi/ance to be provid$ "u ! plan 9 ! fiscal ye> 9 :i* ! report is submitt$4 7c7 ,coord9at+ (ficial ,! ,secret>y ( ,/ate %all designate a coord9at+ (ficial ( ! ,dep>tm5t ( ,/ate :o %all be responsible =-- 7#a7 implem5t+ ! /rategy = di/ribut+ assi/ance describ$ 9 subsection 7a77#a77;,b72 7#b7 ensur+ ! spe$y & effici5t di/ribution ( su* assi/ance2 & 7#c7 ensur+ coord9ation among1 & appropriate ov]sight by1 ! ag5cies ( ! ,unit$ ,/ates t provide assi/ance describ$ 9 subsection 7a77#b71 includ+ resolv+ any disputes among su* ag5cies4 7d7 ,reprogramm+ ,any *anges 9 ! assi/ance to be provid$ "u ! plan develop$ "u subsection 7a7 may n be made unless ! ,secret>y ( ,/ate notifies ! appropriate congressional committees at lea/ #ae days 9 advance 9 accordance ) ! proc$ures applicable to reprogramm+ notifications "u section #fcd;,a ( ! ,=eign ,assi/ance ,act ( #aifa 7#bb ,u4,s4,c4 #bcid-a74 7e7 ,fund+ limitation ,assi/ance may be provid$ "u ?is section only if am\nts are au?oriz$ to be appropriat$1 & are appropriat$1 to provide su* assi/ance4 7f7 ,int]national ef=ts ,! ,presid5t %all take ! necess>y /eps-- 7#a7 to seek to obta9 ! agreem5t ( o!r c\ntries & ( int]national f9ancial in/itutions & multilat]al organizations to provide to a democratically elect$ gov]nm5t 9 ,v5ezuela assi/ance comp>able to t provid$ by ! ,unit$ ,/ates "u ?is section2 & 7#b7 to "w ) su* c\ntries1 in/itutions1 & organizations to coord9ate all su* assi/ance programs4 #djb4 ,report on trade & inve/m5t relations betwe5 ! ,unit$ ,/ates & ,v5ezuela 7a7 ,report to congress ,^u submitt+ to ! appropriate congressional committees a det]m9ation "u section #aja7;a7 t a democratically elect$ gov]nm5t is 9 p[] 9 ,v5ezuela1 ! ,presid5t %all submit to ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives1 ! ,committee on ,f9ance ( ! ,s5ate1 & ! appropriate congressional committees a report t describes-- 7#a7 acts1 policies1 & practices t con/itute significant b>ri]s to1 or di/ortions (1 ,unit$ ,/ates trade 9 goods or s]vices or =eign direct inve/m5t ) respect to ,v5ezuela2 & 7#b7 policy objectives ( ! ,unit$ ,/ates reg>d+ trade relations ) a democratically elect$ gov]nm5t 9 ,v5ezuela1 & ! reasons = su* objectives1 includ+ possible reciprocal ext5sion ( nondiscrim9atory trade treatm5t 7mo/-favor$-nation treatm5t74 7b7 ,consultation ,) respect to ! policy objectives describ$ 9 subsection 7a71 ! ,presid5t %all-- 7#a7 consult ) ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives1 ! ,committee on ,f9ance ( ! ,s5ate1 & ! appropriate congressional committees2 & 7#b7 seek advice f ! appropriate advisory committees e/abli%$ "u section #ace ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #baee74 ,v ,g5]al provisions #eja4 ,effect on lawful ,unit$ ,/ates ,gov]nm5t activities ,no?+ 9 ?is ,act prohibits any lawfully au?oriz$ inve/igative1 protective1 or intellig5ce activity ( a law en=cem5t ag5cy1 or ( an intellig5ce ag5cy1 ( ! ,unit$ ,/ates4 #ejb4 ,exception relat+ to importation ( goods 7a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is ,act1 ! au?orities & requirem5ts to impose sanctions "u ?is ,act %all n include ! au?ority or a requirem5t to impose sanctions on ! importation ( goods4 7b7 ,good def9$ ,9 ?is section1 ! t]m good means any article1 natural or manmade sub/ance1 mat]ial1 supply or manufactur$ product1 includ+ inspection & te/ equipm5t1 & exclud+ te*nical data4