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H.R. 8974: To authorize the Development Finance Corporation to invest in Venezuela.
119th Congress · introduced 2026-05-21 · International Affairs · Latest: Referred to the House Committee on Foreign Affairs.
federal
Official title
To authorize the Development Finance Corporation to invest in Venezuela.
Plain summary
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What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
To authorize the Development Finance Corporation to invest in Venezuela.
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The strongest published arguments
Arguments for (supporters)
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Arguments against (opponents)
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Alternatives
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Officials and money
Sponsor: Rep. Issa, Darrell [R-CA-48] · 1 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
Maria Elvira Salazar (R-FL)
Sponsor's campaign money: Rep. Issa, Darrell [R-CA-48] reported raising $2.2 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
Words on this page, explained (1)
- Authorization
- A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Plain meanings written from linked sources. All words.
Sources
- Official summary
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr8974.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>
Record fed-us-cong119-hr8974 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills