I 

117TH CONGRESS 

2D SESSION H. R. 6539 

To establish a Venezuela Restoration Fund, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

FEBRUARY 1, 2022 

Mr. CRIST introduced the following bill; which was referred to the Committee 

on Foreign Affairs 

A BILL 

To establish a Venezuela Restoration Fund, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Preserving Account5 ability for National Assets Act of 2021’’ or the ‘‘PANA 

6 Act’’. 

7 SEC. 2. VENEZUELA RESTORATION FUND. 

8 (a) ESTABLISHMENT.—There is established in the 

9 United States Treasury a fund, to be known as the ‘‘Ven10 ezuela Restoration Fund’’, which shall consist of amounts 

11 deposited in the Fund under subsection (c). 


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1 (b) USES.—Amounts in the Fund— 

2 (1) shall be available to the Secretary of State 

3 only for the purposes described in paragraph (2), 

4 without fiscal year limitation or need for subsequent 

5 appropriation; 

6 (2) shall be used only for the purposes of— 

7 (A) strengthening democratic governance 

8 and institutions, including the democratically 

9 elected National Assembly of Venezuela; 

10 (B) defending internationally recognized 

11 human rights for the people of Venezuela, in12 cluding support for efforts to document crimes 

13 against humanity and violations of human 

14 rights; 

15 (C) supporting the efforts of independent 

16 media outlets to broadcast, distribute, and 

17 share information beyond the limited channels 

18 made available by the Maduro regime; and 

19 (D) combatting corruption and improving 

20 the transparency and accountability of institu21 tions that are part of the Maduro regime; 

22 (3) may support governmental and nongovern23 mental parties in advancing the purposes described 

24 in paragraph (2); and 


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1 (4) shall be allocated in a manner complemen2 tary to existing United States foreign assistance, di3 plomacy, and anti-corruption activities. 

4 (c) FUNDING.—Beginning on or after the date of the 

5 enactment of this Act, notwithstanding any other provi6 sion of law, in the case of any funds or assets forfeited 

7 to the United States by an individual or entity connected 

8 to the regimes of Hugo Cha ́vez and Nicola ́s Maduro in 

9 Venezuela, the funds or assets will be deposited in the 

10 Venezuela Restoration Fund established under subsection 

11 (a). 

12 (d) REPORT ON DEPOSIT OF FUNDS.—Not later than 

13 90 days after the date of the enactment of this Act and 

14 every 90 days thereafter, the Secretary of State shall sub15 mit to the appropriate congressional committees a report 

16 that includes an accounting of the amount and sources 

17 of funds that have been deposited into the Venezuela Res18 toration Fund established under subsection (a) during the 

19 preceding 90-day period. 

20 (e) NOTIFICATION ON EXPENDITURE OF FUNDS.— 

21 Upon expenditure of funds from the Venezuela Restora22 tion Fund established under subsection (a), the Secretary 

23 of State shall submit to the appropriate congressional 

24 committees a summary of the obligation, amounts, and ex25 penditure of such funds. 


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1 (f) APPROPRIATE CONGRESSIONAL COMMITTEES DE2 FINED.—In this section, the term ‘‘appropriate congres3 sional committees’’ means— 

4 (1) the Committee on Foreign Affairs and the 

5 Committee on Appropriations of the House of Rep6 resentatives; and 

7 (2) the Committee on Foreign Relations and 

8 the Committee on Appropriations of the Senate. 

Æ 


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