Venezuelan Contracting Restriction Act

Bill: 116-hr-2204
Sponsor: full_name: Rep. Waltz, Michael [R-FL-6]
Introduced: 2019-04-10
Policy area: Government Operations and Politics
Subjects: Business ethics

Latin America

Public contracts and procurement

Sovereignty, recognition, national governance and status

Venezuela
Latest action: action_date: 2019-04-10
text: Referred to the House Committee on Oversight and Reform.

Summaries:
action_date: 2019-04-10
action_desc: Introduced in House
text: <p><b>Venezuelan Contracting Restriction Act </b></p> <p>This bill prohibits an executive agency from entering into a contract for the procurement of goods or services with any person that has business operations with an authority of the Venezuelan government that is not recognized as the legitimate government of Venezuela by the U.S. government. (The United States recognizes Juan Guaido as interim President of the legitimate government of Venezuela.)</p>

tv_txt: I 116th CONGRESS 1st Session H. R. 2204 IN THE HOUSE OF REPRESENTATIVES April 10, 2019 Mr. Waltz (for himself and Mr. Diaz-Balart ) introduced the following bill; which was referred to the Committee on Oversight and Reform A BILL To prohibit contracting with persons that have business operations with the Maduro regime, and for other purposes.

1. Short title This Act may be cited as the Venezuelan Contracting Restriction Act . 2. Prohibition on contracting with persons that have business operations with the Maduro regime (a) Prohibition The head of an executive agency may not enter into a contract for the procurement of goods or services with any person that has business operations with an authority of the government of Venezuela that is not recognized as the legitimate government of Venezuela by the United States Government. (b) Definitions In this section: (1) Business operations The term business operations means engaging in commerce in any form, including acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce. (2) Executive agency The term executive agency has the meaning given the term in section 133 of title 41, United States Code. (3) Person The term person means— (A) a natural person, corporation, company, business association, partnership, society, trust, or any other nongovernmental entity, organization, or group; (B) any governmental entity or instrumentality of a government, including a multilateral development institution (as defined in section 1701(c)(3) of the International Financial Institutions Act ( 22 U.S.C. 262r(c)(3) )); and (C) any successor, subunit, parent entity, or subsidiary of, or any entity under common ownership or control with, any entity described in subparagraph (A) or (B). (c) Applicability This section shall apply with respect to any contract entered into on or after the date of the enactment of this section.