Seized Maduro-linked assets would fund Venezuela democracy programs
In committeeH.R. 9039Latest action
Sponsor: Maria Elvira Salazar · Representative · FL
AIDecoded by AI · checked against the recordRead the official text
Official title: PANA Act of 2026
119th Congress
Topics: Security & foreign affairs
Introduced:
Read the official bill on Congress.govIn plain words
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HR 9039 would redirect assets seized from Chavez and Maduro allies into a State Department fund for Venezuela democracy and human rights work.
55-second read · 5 questions answered below
What does this do?
HR 9039 would create a government account called the Venezuela Restoration Fund, filled with money and assets seized from people tied to the Chavez or Maduro governments. The Secretary of State would direct spending toward democracy-building, human rights documentation, independent media, and anti-corruption efforts inside Venezuela. Funds could flow to both government agencies and private organizations working on those goals.
Who does it affect?
The bill most directly affects Venezuelan citizens and organizations working on democracy and human rights inside Venezuela. It also affects individuals or groups whose assets could be seized due to ties to the Chavez or Maduro governments.
Why does it matter?
Forfeited assets that would otherwise enter the general federal treasury would instead be directed to Venezuela-specific purposes. The Treasury and State Departments would be required to report annually to Congress on funds received and spent.
What does it cost, and who pays?
- No fixed spending amount set
- Funded by seized assets only
- No direct cost to U.S. taxpayers
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Read the official bill on Congress.govMake the call
Where does it stand?
- IntroducedMay 26, 2026
- House committeeYou are here · May 26, 2026
- House vote
- Senate
- The president's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Referred to the House Committee on Foreign Affairs.